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MENAFN - Muscat Daily - 05/11/2012

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(MENAFN - Muscat Daily) Weak crude prices weighed on regional market sentiment as the Muscat Securities Market general index retreated 0.29 per cent to close at 5,686.21.Trading activity remained subdued as a total of 1,098 trades were executed, generating a turnover of RO3.83mn, while 14.05mn shares were exchanged over the counters.Oman Investment & Finance Company (-1.09 per cent at 181bz) topped the volumes and turnover lists. The top gainers of the day were United Power (6.28 per cent at RO1.10), Financial Services (2.99 per cent at 69bz), Gulf International Chemicals (2.61 per cent at 157bz), Sweets of Oman (2.60 per cent at 790bz) and Construction Material Industries (1.75 per cent at 58bz) while the top losers were Oman TextileHolding (-3.70 per cent at 312bz), Oman & Emirates Investment (-1.80 per cent at 109bz), Al Batinah Development & Investment (-1.75 per cent at 56bz), Al Jazeira Services (-1.60 per cent at 369bz) and Omantel (-1.58 per cent at RO1.43). Among the sectoral Indices, Financial sector index closed down 0.15 per cent followed by the Services sector index which lost 0.36 per cent while the Industrial sector index closed with gains of 0.15 per cent at the end of the day.By arrangement with National Bank of Oman

 






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