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MENAFN - Muscat Daily - 07/10/2012

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(MENAFN - Muscat Daily) Most regional markets closed higher on Sunday as investors eyed better third quarter results amid bleak global market outlook and prevailing euro crisis.Muscat Securities Market moved sideways and closed at 5,650.420 due to low volume and turnover. A total number of 878 trades were executed, generating a turnover of RO2.8mn while 10.44mn shares were exchanged over the counters. Bank Nizwa, up by 0.95 per cent at 106bz, closed with highest volume while Al Maha Marketing Products (1.80 per cent at RO 18.028) closed with highest turnover.Stocks closing as top gainers for the day included A'Saffa Foods (2.25 per cent at 501bz), Al Maha Marketing (1.80 per cent at RO18.028), Bank Sohar (1.36 per cent at 149bz) and SMN Power Holding (1.16 per cent at RO1.350) while stocks closing as top losers for the day included Oman Holding (-7.28 per cent at 191bz), Oman Flour Mills (-4.08 per cent at 470bz) and Global Finance & Investment (-2.22 per cent at 88bz).Among the sector indices, Financial sector went down by 0.23 per cent followed by the Industrial sector with losses of 0.05 per cent while Services sector inched up by 0.17 per cent and supported MSM 30 closing marginally positive.By arrangement with National Bank of Oman

 






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