Muscat Securities Market tracks positive global markets 

(MENAFN - Muscat Daily) Most regional stock markets end higher on Sunday, led by Dubai, whose benchmark index rallied for its highest close since early December 2009.

The Muscat Securities Market general index tracked the positive global markets and ended the day up 0.17 per cent at 5,862.34.

Trading activity averaged year-to-date levels as a total of 1,786 trades were executed, generating a turnover of RO5.47mn while 23mn shares were exchanged over the counters. Market breath stood in favour of advancers as of the 57 securities traded for the day 22 advanced while 12 declined and 23 stocks closed unchanged.

The top gainers for the day were Al Batinah Development and Investment Holding (9.62 per cent at 57bz), Al Hassan Engineering (5.66 per cent at 168bz), National Aluminium Products (5.29 per cent at 219bz), Al Anwar Holding (3.29 per cent at 157bz) and HSBC Bank Oman (2.09 per cent at 195bz) while the top losers were National Securities (-8.96 per cent at 61bz), Global Financial Investment (-1.85 per cent at 106bz), Shell Oman Marketing (-1.37 per cent at RO2.30), BankDhofar (-1.04 per cent at 380bz) and Transgulf Holding (-1.00 per cent at 99bz).

Among the sectoral indices, the Financial sector index gained 0.40 per cent with support from HSBC Bank Oman, Ominvest (1.02 per cent at 398bz) and National Bank of Oman (0.34 per cent at 293bz) while the Industrial sector index edged higher 0.42 per cent on gains from Raysut Cement (1.76 per cent at RO1.44) and Oman Cement (0.16 per cent at 637bz). The Services index lost 0.17 per cent.

By arrangement with National Bank of Oman