MSX index ends marginally higher

MSX index ends marginally higher

Muscat: The MSX index closed at 4, 007. 10 points, up 0. 13 per cent from the previous close. The Sharia Index up 0. 04 per cent at 586. 92 points. Oman Cables Industry, up 3. 00 per cent, was the top gainer while Oman & Qatar Insurance, down 4. 91 per cent, was the top loser. Shares of Sohar International Bank was the most active in terms of the number of shares traded as well as in terms of turnover. A total number of 314 trades were executed during the day's trading session, generating a turnover of OMR2. 2 million, with more than 13. 6 million shares changing hands. Out of 39 traded stocks, 11 advanced, 11 declined and 17 remained unchanged. At the session close, local investors were net buyers for OMR407, 000 while foreign investors were net sellers for OMR351, 000 followed by GCC & Arab investors for OMR56, 000 worth of shares. Financial Index closed at 6, 370. 32 points, up 0. 17 per cent. Prices of Al Omaniya Financial Services, National Bank Oman, Bank Dhofar and Bank Nizwa were up 2. 54 per cent, 2. 25 per cent, 1. 68 per cent and 1. 03