muscat bourse drops on listless trading
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Muscat bourse drops on listless trading

Arab Today, arab today

Arab Today, arab today Muscat bourse drops on listless trading

Muscat Securities Market
Muscat - Arab Today

Shares on the Muscat Securities Market dropped on listless trading. The MSM30 Index ended lower at 5,751.38 points, down by 0.21 per cent. The MSM Sharia index lost 0.32 per cent to end at 853.38 points. Due to a special deal, National Bank of Oman was the most active in terms of volume as well as turnover. The top gainer was Oman United Insurance, up by 1.10 per cent, while Construction Materials was the top loser, down by 5.26 per cent.

As many as 595 trades were executed on Monday, generating a turnover of OMR3.24 million with 16.1 million shares changing hands. Out of 45 traded securities, five advanced, 21 declined and 19 remained unchanged. Omani investors remained net buyers of OMR1.76 million while GCC and Arab investors were net sellers of OMR1.25 million followed by foreign investors for OMR516,000 worth of shares. 

Financial Index retreated 0.44 per cent to close at 7,924.13 points. Oman United Insurance, Ahli Bank and Bank Dhofar gained 1.10 per cent, 1.04 per cent and 0.39 per cent, respectively. Al Madina Investment, Oman & Emirates Holding, Al Batinah Investment, HSBC Bank and Al Izz Bank declined by 4.62 per cent, 4.08 per cent, 3.06 per cent, 2.40 per cent and 1.45 per cent, respectively.

Industrial Index ended at 7,540.66 points, down by 0.21 per cent. Construction Materials, Galfar Engineering and Al Jazeera Steel declined by 5.26 per cent, 1.16 per cent and 1.12 per cent, respectively.

Services Index declined by 0.16 per cent to close at 3,017.57 points. ACWA Power and Al Batinah Power gained by 0.56 per cent and 0.54 per cent, respectively. Oman National Engineering, Port Services, Phoenix Power, Ooredoo and Al Jazeera Services fell by 1.84 per cent, 0.79 per cent, 0.68 per cent, 0.64 per cent and 0.53 per cent, respectively.

Sensex, Nifty fall

India’s S&P BSE benchmark Sensex and CNX Nifty snapped 4-day winning spree by slipping 33 points and 9 points to close at 27,849.56 and 8,632.75 respectively in view of cautious approach of operators ahead of the Union Budget on February one and lower European cues.

Investors across the globe were spooked after US President Donald Trump introduced immigration curbs that sparked criticism at home and abroad, adding to fears that his 'America First' policy may prove destabilizing for the rest of the world.

The Sensex resumed lower at 27,866.80 and hovered in a range of 27,947.37 and 27,813.32 before ending at 27,849.56, showing a loss of 32.90 points or 0.12 per cent. The Sensex had gained by 847.96 points or 3.14 per cent in previous four days.

The CNX Nifty declined by 8.50 points 0.10 per cent to end at 8,632.75. The Nifty had gained by 292.90 points or 3.50 per cent in previous four days.

Overseas, European stock markets were trading lower as traders digest President Donald Trump's executive order to clamp down on people entering the US from seven predominantly Muslim countries. Key indices like France, Germany and UK moved down by 0.56 per cent to 0.88 per cent.

Stock markets in China, Singapore, Hong Kong, South Korea and Taiwan are shut for public holidays. Meanwhile, Japan's Nikkei 225 fell by 0.51 per cent.

Source :Times Of Oman

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

muscat bourse drops on listless trading muscat bourse drops on listless trading

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

muscat bourse drops on listless trading muscat bourse drops on listless trading

 



GMT 04:22 2017 Tuesday ,26 December

Israel in touch with '10 countries' over embassy moves

GMT 19:43 2017 Friday ,06 October

Employee safety top priority at Khalifa Port

GMT 16:19 2017 Friday ,28 April

ISIS Suspect Arrested in Western Germany

GMT 12:57 2017 Monday ,11 December

50 Students Poisoned by Contaminated Well Water

GMT 16:31 2017 Thursday ,10 August

Palestinians will discuss decline of aids

GMT 21:15 2017 Saturday ,04 March

Obama never ordered surveillance on any US citizen

GMT 10:00 2017 Thursday ,09 March

Russia ‘can be good friends with GCC’

GMT 02:13 2017 Wednesday ,22 February

Russian helicopter crash kills 19 in Siberia

GMT 13:23 2017 Tuesday ,05 December

Lebanon PM Hariri rescinds resignation

GMT 00:39 2017 Tuesday ,05 December

Gunmen kill cleric in Aden, southern Yemen

GMT 11:43 2016 Thursday ,24 November

Will learn from Euro exit

GMT 06:56 2017 Tuesday ,17 October

US ‘not taking sides’ between Iraqi forces, Kurds

GMT 19:59 2017 Thursday ,16 February

Syrian opposition's chief negotiator arrives in Astana

GMT 15:41 2017 Thursday ,29 June

US sets new visa rules for 6 mainly Muslim nations

GMT 19:31 2017 Saturday ,11 February

Earthquake Hits Taiwan

GMT 15:30 2017 Monday ,27 November

Syrian government will not join peace talks on Monday

GMT 16:20 2017 Tuesday ,31 October

La Rochelle survive red card to down Toulouse

GMT 20:33 2018 Tuesday ,16 January

Bahraini official receives UAE Ambassador

GMT 22:40 2018 Monday ,08 January

Bahrain to host first Baby Games
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday