Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

MSM30 rebounds as financial scrips shine  Join our daily free Newsletter

MENAFN - Muscat Daily - 08/09/2013
No. of Ratings : 0
Add to Mixx!

(MENAFN - Muscat Daily) Crude oil rose to a two-year high last week as Russian President Vladimir Putin said his nation will support Syria if it's attacked, rising concern that mounting tension will disrupt Middle East oil exports.

US Treasuries fell, with the ten-year yields reaching a two-year high; while equities rose as data on service industries and jobs added to signs that the US economy is gaining momentum.

On Sunday, regional markets gained and the Muscat Securities Market general index followed suit, edging higher by 0.60 per cent before closing at 6,451.92.

Trading activity remained low as a total of 1,319 trades were executed, generating a turnover of RO4.61mn while 17.57mn shares were exchanged over the counters.

Market breadth stood in favour of advancers as of the 44 securities traded or the day 28 advanced while four declined and 12 stocks closed unchanged. The top gainers for the day were Oman Education and Training (10.00 per cent at 220bz), Ominvest (4.60 per cent at 432bz), DIDIC (4.46 per cent at 585bz), Voltamp Energy (3.91 per cent at 425bz) and Taageer Finance (3.50 per cent at 148bz)  while the top losers were Gulf Investment Services (-1.19 per cent at 166bz), Oman and Emirates Investment (-1.18 per cent at 168bz), Bank Sohar (-0.52 per cent at 190bz) and Sharqiyah Desalination (-0.24 per cent at RO4.18).

Among the sectoral indices, the Financial index gained the most, adding 1.17 per cent with gains from bank muscat (0.86 per cent at 588bz) and Bank Nizwa (0.94 per cent at 108bz). The Industrial index inched up 0.64 per cent while the Services index gained 0.15 per cent.


Muscat Daily

  MENA News Headlines
 Oct 7 2015 - Review: Cave, Conrad DubaiKhaleej Times
(MENAFN - Khaleej Times) IN A CITY where every imaginable type of cuisine is available around the clock it takes something a bit special to stand out from the crowd. Offering French culinary delights ...

 Oct 7 2015 - UAE- Fashion Forward has arrivedKhaleej Times
(MENAFN - Khaleej Times) Make sure your heels are high and your suit is pressed, the critical eye of fashion is setting its sights on Dubai. With New York and Paris Fashion Week now at an end, it's ...

 Oct 7 2015 - Get ready for WAFI Fashion WeekKhaleej Times
Calling all fashion connoisseurs, WAFI Mall is partnering with its fashion, beauty and accessory stores in order to bring you WAFI Fashion Week, running from October 12 - 15.The event will welcome a ...

 Oct 7 2015 - Sachin Tendulkar, Wasim Akram to appear at Arabian CentreKhaleej Times
(MENAFN - Khaleej Times) It's game on at Arabian Centre on October 9 as Sachin Tendulkar, Wasim Akram along with Harsha Bhogle will be there to meet fans.The stars will be sharing interesting ...

 Oct 7 2015 - Indian President to visit Jordan next weekJordan News Agency
(MENAFN - Jordan News Agency) India's President Pranab Mukherjee, will pay a several-day visit to Jordan on October 10, during which he will hold talks with His Majesty King Abdullah II on the latest ...

 Oct 7 2015 - Jordan- Temperatures will drop, rain forecast, JMDJordan News Agency
(MENAFN - Jordan News Agency) Unstable weather conditions are forecast across the Kingdom Tuesday with temperatures dipping 3-4 degrees Celsius below seasonal average, according to the Jordan ...

 Oct 7 2015 - Jordan- 6 arrested, narcotics, stolen cars seized in Ma'anJordan News Agency
(MENAFN - Jordan News Agency) Security apparatuses on Monday arrested six wanted people besides seizing hauls of narcotics and three stolen vehicles, Ma'an police told Petra as crackdown on culprits ...

 Oct 7 2015 - Jordan- FM meets Russian Federal Council ChairwomanJordan News Agency
(MENAFN - Jordan News Agency) Deputy Prime Minister and Minister of Foreign and Expatriates Affairs, Nasser Judeh, on Tuesday, discussed with Chairwoman of the Russian Federation Council, Valentina ...

 Oct 7 2015 - UAE- Hinton and Canizares share leadKhaleej Times
(MENAFN - Khaleej Times) Craig Hinton and Gabriel Canizares shot matching seven-under 65s on Monday to share the lead after the first round of the American Express Dirab Golf Championship, the sixth ...

 Oct 7 2015 - Jordan- Seminar on media role to counter terrorism opensJordan News Agency
(MENAFN - Jordan News Agency) Minister of State for Media Affairs Mohammad Momani said Tuesday that the media and intellectual efforts to counter "dark thought" are in disarray with a lack of ...




Click to Apply


Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help