The MSM30 index ended flat on Sunday at 7,457.70, inching down 0.02 per cent relative to Thursday’s close. The market breadth was negative, with nine companies gaining to 15 decliners, while 30 remained unchanged. Total turnover rose to RO10.48mn relative to Thursday, against 46.6mn shares traded.
The market witnessed a special deal on HSBC Bank Oman for almost 32mn shares. Otherwise, the market remained calm with some profit-booking activity observed ahead of the Eid ul Adha holidays, as investors seemed to be re-allocating funds.
The Financial and Services indices posted meagre losses, while the Industrial index edged up 0.06 per cent.
ONIC Holding, alizz islamic bank, Sweets of Oman, Al Jazeera Steel Products and Ominvest were the highest gainers on the bourse, while Al Batinah Power, Al Hassan Engineering, Oman Fisheries, Al Suwadi Power, and Al Madina Investment posted the biggest declines.© Copyright - Muscat Daily