MSX index ends higher

MSX index ends higher

Muscat: The MSX index closed at 4,847.66 points, up by 0.3 per cent from the previous close. The Sharia Index ended down by 0.83 per cent at 503.67 points.

Sharqiyah Desalination, up 8.66 per cent, was the top gainer while Construction Materials, down 8.11 per cent, was the top loser. Shares of Al Anwar Investment were the most active in terms of the number of shares traded while Bank Muscat were the most active in terms of turnover.

A total number of 259 trades were executed during the day's trading session, generating a turnover of OMR1.4 million, with more than 9.26 million shares changing hands. Out of 37 traded securities, 9 advanced, 12 declined, and 16 remained unchanged. At the session close, GCC & Arab investors were net sellers for OMR388,000 while domestic investors were net buyers for OMR324,000, followed by foreign investors for OMR64,000 worth of shares.

Financial Index closed at 7,827.27 points, up 0.2 per cent. Prices of Oman Arab Bank, Sohar International Bank, Ominvest, and National Bank Oman, were up by 3.85 per cent, 2.83 per cent, 0.96 per cent and 0.35 per cent respectively. Prices of Al Anwar Investment, Global Financial Investments, United Finance, Al Sharqia Investment, and Al