Oman’s share index ends marginally higher

Oman’s share index ends marginally higher

Muscat: The MSM index closed at 3, 727. 48 points, up 0. 03 per cent from the previous close. The Sharia Index ended down 0. 13 per cent at 544. 29 points. OIFB, up 14. 29 per cent, was the top gainer while United Power, down 9. 78 per cent, was the top loser. Shares of Al Anwar Investment was the most active in terms of the number of shares traded while Sohar Bank Perp Bond was the most active in terms of turnover. A total number of 578 trades were executed during the day's trading session, generating a turnover of OMR1. 79 million, with more than 11. 64 million shares changing hands. Out of 47 traded stocks, 18 advanced, 12 declined and 17 remained unchanged. At the session close, GCC & Arab investors were net buyers for OMR402, 000 while local investors were net sellers for OMR378, 000 followed by foreign investors for OMR24, 000 worth of shares. Financial Index closed at 5, 728. 22 points, down by 0. 16 per cent. Muscat Finance, United Finance, HSBC Bank Oman and Arabia Falcon were up by 5. 0 per cent, 2. 33 per cent, 1. 06 per cent and 1.