Muscat - Global stocks fell, with emerging market equities extending the longest slump in seven years and China's leaders failed to outline reform measures.
Regional markets traded mixed while the Muscat Securities Market general index remained range bound for yet another day and closed with gains of 1.08 points at 6,764.98.
Trading activity remained moderate as a total of 1,502 trades were executed, generating a turnover of RO18.29mn, while 25.19mn shares were exchanged over the counters. Market breadth stood in favour of decliners as of the 53 securities traded for the day 28 declined while 11 advanced and 24 remained unchanged.
The top gainers for the day were Shell Oman Marketing (+1.55 per cent at RO2.30), Construction Materials Industries (+1.35 per cent at 75bz), Bank Nizwa (+0.94 per cent at 107bz), alizz islamic bank (+0.93 per cent at 109bz) and Ominvest (+0.87 per cent at 466bz) while the top losers were Oman Holding (-8.26 per cent at 400bz), Gulf Mushroom Products (-6.98 per cent at 400bz), Sohar Power (-4.27 per cent at RO2.80), National Gas (-3.73 per cent at 620bz) and Oman Textile Industries (-3.45 per cent at 280bz).
All the three sectoral indices closed in the red.
© Muscat Daily 2013
