MUSCAT: MSM30 Index ended on a flat note at 6,352.57 points, up by 0.01 percent. The MSM Shariah Index gained 0.14 percent to close at 977.02 points. Global Financial Investment was the most active in terms of volume while Bank Muscat was the most active in terms of turnover. Wednesday’s top gainer was Oman Cables, up by 1.46 percent while Al Madina Investments down by 3.17 percent was the top loser for the day.
A total number of 753 trades were executed during the day’s trading session generating turnover of OMR2.72 million with more than 11.86 million shares changing hands. Out of 43 traded securities, nine advanced, 14 declined and 20 remained unchanged. At the session close, Foreign Investors were net buyers for OMR289,000 followed by GCC & Arab Investors for OMR196,000 while Omani Investors were net sellers for OMR485,000 worth of shares.
Financial Index retreated 0.32 percent and closed at 7,703.39 points. Al Madina Takaful, Bank Dhofar and Bank Muscat increased by 1.18 percent, 0.70 percent and 0.37 percent respectively. Al Madina Investments, Gulf Investment Services, Oman & Emirates Holding, Bank Nizwa and Al Anwar Holding declined by 3.17 percent, 2.86 percent, 1.83 percent, 1.30 percent and 1.21 percent respectively.
Industrial Index closed the session at 8,350.85 points, up by 0.12 percent. Oman Cables, Al Maha Ceramics, Al Anwar Ceramics and Oman Refreshments increased 1.46 percent, 1.14 percent, 0.96 percent and 0.40 percent respectively.
Pakistan to get $3b loan from Islamic Trade Financing Corporation
ISLAMABAD: Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released...
