(MENAFN- Times of Oman) The MSM-30 Index rose 1.7 per cent to close at 5,216 points yesterday. The total shares exchanged declined by 4.2 per cent to 24.09 million shares against the previous day's 25.16 million shares. Volume in terms of value decreased by 8.9 per cent from RO9.95 million to RO9.06 million.
Foreigners were net buyers yesterday. They bought shares worth RO0.07 million (0.8 per cent) in the total turnover.
The market was positive with 34 advances and 10 declines out of 47 traded securities. All the three sectors posted gains yesterday. Industry sector was the biggest gainer to close higher 5.21 per cent to 5,290 points. The Banking and Investment sector closed higher 0.80 per cent to 6,806 points and the Service and Insurance sector closed higher by 0.54 per cent per cent to 2,334 points.
The top two gainers were: Oman Flour Mills (8.53 per cent) and Oman Cables Industry (7.84 per cent) to close at RO0.407 and RO0.743, respectively.
The top two losers were: National Aluminum (-5.56 per cent) and Maha Petroleum (-3.39 per cent), both closed at RO0.187 and RO7.906 respectively. The top two by volume traded were: Al Jazeira Services (2.88 million shares) and Oman Cement (2.4 million shares).
The top two by value traded were: Oman Cement (RO1.3 million) and Galfar Engineering (RO1.1 million). NAVs as of April 30, 2009: Muscat Fund RO1.109, Oryx Fund-RO1.025 and Bank Muscat MSCI Kuwait Fund: (April 29, 2009) $0.5565.
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