Published: Sep 28, 2014
Source: Muscat Daily


Email this story Print this page zoomin zoomout

MSM30 Index closes flat in calm session

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
comments powered by Disqus

Middle East Stock Markets

Index Last Change %Change
TASI 5,765.59 +25.67 0.45%
ADI 4,296.71 -2.66 -0.06%
DFMGI 3,358.08 +2.71 0.08%
QE 10,398.64 -35.36 -0.34%
KSE 5,341.20 +10.71 0.20%
MSM30... 5,530.690 -7.280 -0.13%
ASE... 2,108.09 -4.00 -0.19%

Recent Analyst Actions  >>

Company Price Opinion
Abdullah Al Othaim Markets 125.60 Overweight
The Saudi British Bank 27.30 Strong Buy
Saudi Telecom Co. 68.90 Overweight
Abdul Mohsen Al-Hokair Group 40.50 Overweight
Bupa Arabia for Cooperative 137.60 Overweight

Markets Today Quick Links


Get all the latest updates about the GCC & Global Markets directly to your email