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MSM index edges down   

Oman Daily Observer - 19 July, 2012

MSM index edged down by 0.62 per cent losing 34 points in yesterday’s session and recorded a total value of RO 2.7 million.

Of 37 traded stocks only 4 advanced, 21 declined and 12 remained unchanged. Yesterday’s session recorded a trading value of 2.7 million, an increase of 13.24 per cent.
The financial sector index ended lower by 1.22 per cent, the Services and Insurance sector declined by 0.26 per cent while the Industrial sector index fell 0.14 per cent.

The share of Al Batinah Development and Investment advanced 3.23 per cent and closed at RO 0.032 topping the list of gainers followed by Sohar Power which advanced by 2.29 per cent and closed at RO 1.343, Al Sharqiya Invest Holding closed 2.04 higher at RO 0.100, Al Jazeera Steel Products advanced RO 0.36 per cent at 0.278.

ONIC, the most prominent decliner in yesterday’s session, fell by 4.26 and closed at RO 0.225. Gulf Investments Services (GISI) closed lower by 2.86 at RO 0.068, Oman and Emirates Investment (OEIO) fell by 2.73 per cent at RO 0.107.

Meanwhile, the actual work of the new sample of Muscat Securities Market (MSM) 30 index and the sectorial indicators for 2012 began recently after MSM completed the annual study.
 
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