MSX index ends higher

MSX index ends higher

Muscat: The MSX index closed at 4,831.15 points, up by 0.01 per cent from the previous close. The Sharia Index ended up by 0.04 per cent at 498.68 points.

Oman Chlorine, up 10.00 per cent, was the top gainer while Oman United Insurance, down 4.84 per cent, was the top loser. Shares of Bank Muscat were the most active in terms of the number of shares traded as well as in terms of turnover.

A total number of 639 trades were executed during the day's trading session, generating a turnover of OMR6.01 million, with more than 22.6 million shares changing hands. Out of 48 traded securities, 16 advanced, 18 declined, and 14 remained unchanged. At the session close, GCC & Arab investors were net buyers for OMR218,000 while domestic investors were net sellers for OMR189,000, followed by foreign investors for OMR28,000 worth of shares.

Financial Index closed at 7,817.97 points, up 0.05 per cent. Prices of Oman & Emirates Investment, Global Financial Investments, United Finance, Al Omaniya Financial Services, and Ahli Bank were up by 2.70 per cent, 1.89 per cent, 1.56 per cent, 1.44 per cent and 0.61 per cent respectively. Prices of Oman United Insurance, Oman Qatar Insurance, Muscat Finance, Al