(MENAFN- Muscat Daily) The general index of the Muscat Securities Market (MSM) closed marginally up 0.08 per cent at 6,798.99 on Tuesday, after two consecutive days of decline.
All the sectoral indices were closed in the green. The Financial and Industrial sector indices were up 0.04 and 0.17 per cent, respectively, while the Services sector index edged up.
The MSM Shariah index added 0.1 per cent from the previous close.
While a total of 50 securities traded on Tuesday, the market breadth was positive with 16 advancing stocks to seven declining stocks, while 27 stocks remained unchanged. Total market volume rose 18.21 per cent to 20.14mn shares compared to the previous session, while turnover gained 4.96 per cent to RO6.25mn.
While Omani institutions were net buyers on Tuesday, Omani retail investors remained net sellers. GCC and other foreign institutional investors were net sellers.
Among the top gainers were The Financial Corporation (+4.55 per cent at 115bz), Oman Flour Mills (+1.31 per cent at 620bz), Oman and Emirates Investment Holding (+1.09 per cent at 186bz) and Al Anwar Ceramic Tiles (+1.05 per cent at 576bz).
The top losers were Bank Nizwa (-0.97 per cent at 102bz), alizz islamic bank (-0.92 per cent at 108bz), and Sharqiyah Desalination (-0.82 per cent at RO4.85).
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