MSX index ends marginally lower

MSX index ends marginally lower

Muscat: The MSX index closed at 3, 837. 91 points, down 0. 16 per cent from the previous close. The Shariah Index ended up 0. 20 per cent at 552. 96 points. Salalah Mills, up 2. 39 per cent, was the top gainer while Takaful Oman, down 3. 77 per cent, was the top loser. Shares of Madina Takaful were the most active in terms of the number of shares traded while Bank Muscat was most active in terms of turnover. A total number of 554 trades were executed during the day's trading session, generating a turnover of OMR2 million, with more than 9 million shares changing hands. Out of 50 traded stocks, 8 advanced, 15 declined and 27 remained unchanged. At the session close, foreign investors were net buyers for OMR16, 000 while local investors were net sellers for OMR114, 000 followed by GCC & Arab investors for OMR55, 000 worth of shares. Financial Index closed at 5, 941. 35 points, down by 0. 25 per cent. HSBC Bank Oman, Al Omaniya Financial Service and Ominvest were up 2. 00 per cent, 0. 91 per cent and 0. 66 per cent respectively. Takaful Oman, Al Sharqiyah Investment, Muscat Finance,