MSM 30 index declines in November by 2.23%



Muscat: Muscat Securities Market (MSM) 30 index closed at the end of November 2012 at 5533.76 points, registering a decline of 126.27 points or 2.23% compared to the previous month. The monthly bulletin issued by MSM pointed out that the market value amounted to RO11.31 billion, a decline by 0.90 per cent, compared to the previous month, which stood at RO11.41 billion.

The value of trading during November 2012 amounted to RO60.73 million, constituting a decline by 9.20 per cent, compared to the previous month. The average daily rate for the trading value was RO3.20 million compared to RO3.52 million in the previous month. In terms of the sector wise contribution, the financial sector came first to reach RO24.73 million, 40.72 per cent of the total trading value. 

The services sector came second to reach RO19.68 million or 32.41 per cent, whilst the industry sector came third to reach RO16.07 million or 24.46 per cent.

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