Oman- MSM tracks negative bias of global equities


(MENAFN- Muscat Daily) The eurozone crisis continued to haunt equities as most regional bourses tracked the negative closing of global markets.The Muscat Securities Market general index was no exception and edged lower 0.26 per cent before closing at 5,588.61. Trading activity improved as a total of 945 trades were executed generating a turnover of RO15.72mn, while 59.34mn shares were exchanged over the counters.The market breadth closed in favour of decliners as of the 51 securities traded for the day 20 declined while six advanced and 25 stocks closed unchanged.The top gainers of the day were Salalah Resort (+7.69 per cent at RO1.40), ACWA Power Barka (+2.56 per cent at 400bz), SMN Power Holding Barka (+1.25 per cent at RO4.05), Al Hassan Engineering (+1.14 per cent at 178bz) and Raysut Cement (+0.52 per cent at RO1.36).The top losers were Al Anwar Holding (-3.08 per cent at 126bz), Al Jazeira Services (-2.28 per cent at 300bz), Construction Materials Industries (-1.64 per cent at 60bz), Renaissance Services (-1.52 per cent at 517bz) and Al Anwar Ceramic Tiles (-1.31 per cent at 378bz).All the three sectoral indices closed in the red. The Financial index closed down 0.33 per cent followed by the Industrial index, with losses of 0.27 per cent, and the Services index, which closed down 0.17 per cent. By arrangement with National Bank of Oman


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