MSX index ends higher

MSX index ends higher

Muscat: The MSX index closed at 4,500.55 points, up by 0.42 per cent from the previous close. The Sharia Index ended up by 0.09 per cent at 462.06 points.

National Bank Oman, up 3.70 per cent, was the top gainer while National Gas, down 4.55 per cent, was the top loser. Bank Muscat Perpetual Bond 1 was down by 26.4 per cent. Shares of Bank Dhofar 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 550 trades were executed during the day's trading session, generating a turnover of OMR3.65 million, with more than 13.86 million shares changing hands. Out of 40 traded securities, 9 advanced, 17 declined, and 14 remained unchanged. At the session close, domestic investors were net sellers for OMR387,000 while GCC & Arab investors were net buyers for OMR327,000, followed by foreign investors for OMR61,000 worth of shares.

Financial Index closed at 7,269.90 points, up 0.96 per cent. Prices of National Bank Oman, Bank Dhofar, Ominvest, Bank Nizwa, and Bank Muscat were up by 3.70 per cent, 2.74 per cent, 1.68 per cent, 1.06 per cent and 0.36 per cent respectively. Prices