MUSCAT: Supported by gains in index large caps, the MSM30 Index ended higher at 5,728.10 points, up by 0.23 per cent. The MSM Sharia Index declined by 0.04 per cent to close at 859.37 points. Bank Muscat was the most active in terms of volume as well as turnover. Ahli Bank, up by 4.32 per cent, was the top gainer while Oman Fisheries was the top loser with a loss of 3.23 per cent. As many as 634 trades were executed on Wednesday, generating turnover of OMR2.68 million with 11.02 million shares changing hands. Out of 50 traded securities, 10 advanced, eight declined and 32 remained unchanged. Omani investors were net buyers for OMR224,000 while foreign investors switched to net sellers for OMR198,000 followed by GCC and Arab investors for OMR26,000 worth of shares.
Financial Index advanced 0.65 per cent to close at 7,602.60 points. Ahli Bank, Al Batinah Development and Investment, Al Madina Investment, Ominvest and Al Omaniya Financial gained 4.32 per cent, 2.08 per cent, 1.82 per cent, 1.59 per cent and 1.43 per cent, respectively. Financial Corporation, Oman & Emirates Holding and Al Sharqia Investments declined by 1.96 per cent, 0.76 per cent and 0.71 per cent, respectively.
Industrial Index remained unchanged at 7,376.55 points. Construction Materials, Gulf International Chemicals and Al Maha Ceramics gained 3.23 per cent, 1.11 per cent and 0.82 per cent, respectively. Oman Fisheries and Al Jazeera Steel declined by 3.23 per cent and 0.41 per cent, respectively. Services Index declined by 0.26 per cent to finish at 3,055.20 points. Al Suwadi Power, Oman Telecommunications Company (Omantel) and OIFC declined by 2.11 per cent, 0.66 per cent and 0.49 per cent, respectively.
