Muscat: Broad based profit taking impacted the MSM30 Index, which closed at 5,168.12 points, down by 0.87 per cent. The MSM Sharia Index ended at 755.94 points, down by 0.80 per cent. Bank Muscat was the most active in terms of both volume and turnover. The top gainer was Oman National Engineering, up by 1.42 per cent, while Construction Materials was the top loser, down by 12.90 per cent.
A total number of 356 trades were executed on Sunday, generating turnover of OMR1.50 million with 7.49 million shares changing hands. Out of 33 traded securities, 2 advanced, 19 declined and 12 remained unchanged. Omani investors were net buyers of OMR137,000 followed by GCC and Arab investors for OMR10,000 while foreign investors were net sellers for OMR147,000 worth of shares.
Financial Index retreated 0.66 per cent to close at 7,428.07 points. Oman United Insurance, up by 0.59 per cent, was the sole sector gainer. Al Batinah Development, Al Izz Bank, Oman & Emirates Holding, Al Anwar Holding and Bank Sohar declined by 3.33 per cent, 2.82 per cent, 2.41 per cent, 2.01 per cent and 1.86 per cent, respectively.
Industrial Index closed at 7,017.22 points, down by 0.22 per cent. Construction Materials, Galfar Engineering, Oman Fisheries and Al Anwar Ceramics declined by 12.90 per cent, 2.22 per cent, 0.90 per cent and 0.72 per cent, respectively.
Services Index declined by 0.71 per cent to close at 2,582.85 points. Oman National Engineering, up by 1.42 per cent, was the only gainer. Al Jazeera Services, Ooredoo, Port Services, Oman Telecommunications Company and OIFC declined by 3.21 per cent, 3.11 per cent, 1.51 per cent, 1.44 per cent and 1.29 per cent, respectively.