By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
    • Saudi Arabia
    • UAE24/7
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • World
  • Business
    • Market DataLive
    • Finance
    • Economy
    • Energy
    • Crypto
    • ForexHot
    • Tech
  • Sports
  • Lifestyle
  • Videos
Search
Countries
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar
  • Bahrain
  • Oman
More Topics
  • Technology
  • Health
  • Entertainment
  • Crypto
  • Forex
  • Stocks
Site Links
  • Business Hub
  • Trending
  • Weather
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: MSM index closes slightly lower
Share
Notification Show More
Latest News
Senkron Digital Showcases CyberPact Service at GISEC Global 2025
Gulf UAE
Muhammad Umair Saeed: The Billionaire Tech Architect Powering AI, Drones, Blockchain & Cybersecurity from Dubai to the World
Business Gulf UAE
Barcelona Aims to Recover from European Heartbreak as They Face Real Madrid in La Liga, Chasing Their Third Title of the Season
Sports
UAE with 47% and Qatar with 36% Surge in Viewing Minutes as TOD Unveils its Enhanced Streaming Experience TOD 2.0
Lifestyle
L’Oréal Paris Celebrates the Groundbreaking Launch of MELASYL at the Iconic Museum of the Future
Lifestyle
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Videos
Search
  • Home
    • Videos
    • Business Hub
    • Trending
  • Gulf
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • Business
    • Market Data
    • Crypto
    • Economy
    • Energy
    • Finance
    • Forex
    • Tech
  • More News
    • World
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Business > MSM index closes slightly lower
Business

MSM index closes slightly lower

News Room
Last updated: 2024/07/28 at 3:34 PM
News Room
Share
3 Min Read
SHARE

The MSX index closed at 4,627.06 points in Muscat, representing a decrease of 0.63% from the previous close. The Sharia Index, on the other hand, ended up by 0.42% at 443.94 points. Aman REIT was the top gainer, with an increase of 6.59%, while Gulf International Chemicals was the top loser, with a decline of 10%. Sohar International Bank was the most active in terms of the number of shares traded, while Oman Cables Industry was the most active in terms of turnover.

During the trading session, a total of 765 trades were executed, generating a turnover of OMR3.02 million, with over 13.55 million shares changing hands. Out of the 47 traded securities, 12 advanced, 17 declined, and 18 remained unchanged. At the session close, domestic investors were net buyers for OMR194,000, while foreign investors were net sellers for OMR186,000, followed by GCC & Arab investors for OMR8,000 worth of shares.

The Financial Index closed at 7,523.51 points, down by 0.2%. Prices of Bank Nizwa and Oman Arab Bank were up by 0.97% and 0.72% respectively, while prices of OMINVEST, Sohar International Bank, and Bank Muscat were down by 1.77%, 1.46%, and 0.40% respectively. The Industrial Index closed at 5,915.97 points, down by 0.73%. Prices of Oman Cables Industry and Oman Cement were up by 0.67% and 0.25% respectively, while prices of Gulf International Chemicals, Al Maha Ceramics, Galfar Engineering, Oman Flour Mills, and Al Anwar Ceramics were down.

The Services Index was down by 0.68% before closing at 1,805.76 points. Prices of Al Jazeera Services, Al Batinah Power, Renaissance Services, SMN Power Holding, and Oman Education & Training were up, while prices of Phoenix Power, Barka Desalination, Oman Telecom, National Gas, and Muscat Desalination were down. Overall, the market saw mixed performance across various sectors, with fluctuations in prices and trading activity observed throughout the day.

Investors in the Omani market will need to closely monitor market trends and stay updated on the performance of different securities to make informed investment decisions. With a diverse range of sectors represented in the market, opportunities for growth and potential risks are present. By staying informed and conducting thorough research, investors can navigate the market effectively and capitalize on opportunities for portfolio growth.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room July 28, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Why Singer Shaan Enjoys Performing in Dubai – News
Next Article England requires 82 runs to win the third Test against the West Indies
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Senkron Digital Showcases CyberPact Service at GISEC Global 2025
Gulf UAE May 12, 2025
Muhammad Umair Saeed: The Billionaire Tech Architect Powering AI, Drones, Blockchain & Cybersecurity from Dubai to the World
Business Gulf UAE May 10, 2025
Barcelona Aims to Recover from European Heartbreak as They Face Real Madrid in La Liga, Chasing Their Third Title of the Season
Sports May 8, 2025
UAE with 47% and Qatar with 36% Surge in Viewing Minutes as TOD Unveils its Enhanced Streaming Experience TOD 2.0
Lifestyle May 5, 2025

You Might also Like

BusinessGulfUAE

Muhammad Umair Saeed: The Billionaire Tech Architect Powering AI, Drones, Blockchain & Cybersecurity from Dubai to the World

May 10, 2025
BusinessCrypto

RWA project FEXSE tokenises $600,000 Jacob & Co. luxury watch on the blockchain

April 14, 2025
Business

NTT DATA Business Solutions Expands Presence in UAE with Stronger Regional Leadership

March 28, 2025

Sustainable Moving Services: How Dubai’s Moving Companies Are Going Green

February 20, 2025
Tech

CNTXT and Oracle Strengthen AI Collaboration to Drive Innovation

February 14, 2025
Business

Smpl Fund I Invests $250,000 in Qora71, Supporting AI and Tech Entrepreneurs in MENA

February 4, 2025
BusinessCrypto

Forbes Lists Bitget Amongst The World’s Most Trustworthy Crypto Exchanges

February 1, 2025
BusinessMarkets

A Look Back at a Record-Breaking iFX EXPO Dubai 2025

February 1, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?