MSM index ends marginally lower

MSM index ends marginally lower

August 12, 2020 | 3:59 PM

by United Securities

Muscat: The MSM index closed at 3,566.90 points, down 0.16 per cent from the previous close.The Sharia Index ended up by 0.04 per cent at 521.68. Al Madina Investment, up 4.0 per cent was the top gainer while National Bank of Oman, down 7.14 per cent, was the top loser. Gulf Investment was the most active in terms of the number of shares traded and Ahli Bank Perpetual Bonds 2019 was the most active in terms of turnover.A total number of 347 trades were executed during the day's trading session, generating a turnover of OMR1.05 million, with more than 8.6 million shares changing hands. Out of 36 traded stocks, 6 advanced, 7 declined and 23 remained unchanged. At the session close, foreign investors