MSM rises 3% in February

by ONA
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Muscat:  Muscat Securities Market (MSM) 30 index closed at the end of February 2013 at 5975.58 points, registering a rise of 175.79 points or 3.03 per cent compared to the previous month, which closed at 5799.79 points.

The monthly bulletin issued by MSM pointed out that the market value amounted to OMR12.17 billion, an increase of 2.34 per cent compared to the previous month, which stood at OMR11.89 billion.

The value of trading in February 2013 stood at OMR187.88 million, constituting a rise of 63.82 per cent compared to the previous month.

The average daily rate for the trading value was OMR9.39 million, compared to OMR5.21 million in January 2013. In terms of the sector-wise contribution, the financial sector came in first.


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