Oman- Market gets lift from improved activity


(MENAFN- Muscat Daily) The MSM30 index had another day of modest gains on Monday adding 0.09 per cent to close at 6494.39. 

However both volume and turnover improved drastically rising 204.48 per cent  and 123 per cent  to 17.2mn shares and RO3.2mn respectively.

Among the sub-indices the Financial gauge rose 0.45 per cent followed by the Industrial index which added 0.18 per cent. The Services gauge was the only loser as it dropped 0.14 per cent  to 3508.25. 

Market breadth was positive with 15 stocks advancing to six decliners while 16 scrips remained unchanged.

Top gainers included Renaissance Services Bonds 3.75 (+15.08%) Voltamp Energy (+3.4%) and Al Anwar Holdings (+2.77%) whereas Global Financial Investment (-3.23%) Renaissance Services (-2.52%) and Al Hassan Engineering (-1.96%) were among the top losers.

By special arrangement with Oman Arab Bank - Investment Management Group


Muscat Daily

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