Muscat: The MSM30 Index closed with gains at 6846.42 points, up by 0.20 per cent. MSM Shariah Index was up by 0.27 per cent to close at 1050.92 points.
Al Hassan Engineering was the most active in terms of volume as well as turnover. Dhofar University remained the top gainer and closed up by 9.81 per cent, while Global Financial Investment lost the most, down by 1.81 per cent.
Altogether 1,530 trades were executed in yesterday's session generating a turnover of OMR6.7 million with over 24.33 million shares traded.
Out of 55 traded stocks, 16 advanced, 15 declined and 24 were unchanged. Omani investors were net buyers of shares worth OMR176,000 followed by GCC and Arab Investors to the tune of OMR134,000, while foreign investors, who were net sellers, sold OMR310,000 worth of shares.
Financial Sector Index was up by 0.37 per cent at 8483.00 points. Ominvest, Bank Nizwa, Al Sharqia Investment and Bank Muscat increased by 4.12 per cent, 1.77 per cent, 0.52 per cent and 0.33 per cent respectively. Global Financial Investment, Transgulf Holding, Dhofar Insurance, Gulf Investment Holding and ONIC Holding declined by 1.81 per cent, 1.21 per cent, 1.19 per cent, 1.06 per cent and 0.99 per cent respectively.
The Industrial Sector Index was up by 0.35 per cent and closed at 9,684.10 points. Al Hassan Engineering, Dhofar Cattlefeedm Al Anwar Ceramic, Oman Cement and Gulf International Chemicals increased by 5.49 per cent, 4.17 per cent, 1.08 per cent, 0.90 per cent and 0.56 per cent respectively. National Aluminium Products, Galfar Engineering and Oman Cables declined by 1.13 per cent, 0.55 per cent and 0.05 per cent respectively.
Services Sector Index was marginally up by 0.09 per cent and closed at 3,509.02 points. Dhofar University, Al Jazeira Services, OIFC and Oman Telecom increased by 9.82 per cent, 1.43 per cent, 1.08 per cent and 0.24 per cent respectively. Sharqiyah Desalination, Renaissance Services and Port Services Corporation declined by 0.81 per cent, 0.44 per cent and 0.18 per cent respectively.
Egypt stocks dip
Egyptian shares fell the most in two months as Islamists called for more protests following a government crackdown that has left at least 800 people dead. Government debt yields rose for the first time in seven weeks.
The benchmark EGX 30 Index slumped 3.8 percent, the most since June 12, to 5,338.64 in Cairo. About 293 million Egyptian pounds ($42 million) of shares traded, compared with a one-year daily average of 391 million pounds.
Commercial International Bank Egypt, the country's biggest publicly traded lender, led a list of 29 decliners with a 6.3 per cent dive. Trading will end one hour early today, the bourse said.
Stocks slid as concerns of an escalation of violence grew following calls by supporters of former Islamist President Mohamed Mursi to continue demonstrations demanding his reinstatement.
At least 173 people died in weekend clashes that followed the violent breakup of pro-Mursi protest camps on August 14. The stock market closed on August 15 in the first unscheduled shutdown since January 2011, when it suspended trading for almost two months.
"The closure Thursday without prior notice brings back to memories of 2011 and the possibility that it could happen again," Wafik Dawood, director of institutional sales of Mega Investments Securities, said by phone.