Friday 14 / March / 2025
Muscat: Trading activity remained subdued and the MSM 30 Index closed at 5,297.73 points, down 0.19 per cent. The MSM Sharia Index also declined by 0.19 per cent to close at 823.56 points.
Bank Nizwa was the most active in terms of volume, while Bank Muscat led in terms of turnover. The top gainer was United Finance, up by 2.14 per cent, while Al Hassan Engineering remained the top loser, down 6.15 per cent.
As many as 737 trades were executed on Monday, generating turnover of OMR2.6 million with 11.2 million shares changing hands. Out of 44 traded securities, seven advanced, 18 declined and 19 remained unchanged. Omani investors remained net buyers for OMR427,000 followed by GCC and Arab investors for OMR94,000 while foreign investors were net sellers for OMR521,000 worth of shares.
Financial Index retreated 0.25 per cent to end the session at 6,484.11 points. United Finance, Takaful Oman and Bank Sohar gained by 2.14 per cent, 2.04 per cent and 1.36 per cent, respectively. Al Izz Bank, Al Madina Investments, NBO, Al Anwar Holding and Ahli Bank declined by 1.79 per cent, 1.67 per cent, 1.50 per cent, 1.18 per cent and 0.58 per cent, respectively.
Industrial index closed at 6,544.17 points, down by 0.45 per cent. Al Jazeera Steel, up by 0.75 per cent, was the only sector gainer. Al Hassan Engineering, Al Anwar Ceramics, Dhofar Cattlefeed, Gulf International Chemicals and Oman Fisheries declined by 6.15 per cent, 3.17 per cent, 3.08 per cent, 1.99 per cent and 1.79 per cent, respectively.
Services Index declined by 0.32 per cent to finish at 3,040.84 points. Ooredoo Oman, National Gas and ACWA Power advanced by 1.18 per cent, 0.67 per cent and 0.64 per cent, respectively. Al Suwadi Power, OIFC, Phoenix Power and Renaissance Services declined by 3.85 per cent, 1.03 per cent, 0.68 per cent and 0.57 per cent, respectively.
