Muscat - Regional markets ended mixed while limited participation from cautious investors saw another day of range bound trading on the Muscat Securities Market, as the general index inched up 0.11 per cent before closing at 6,663.72.
Trading activity fell below Tuesday's levels as a total of 1,900 trades were executed for the day, generating a turnover of RO9.72mn, while 33.58mn shares were exchanged over the counters. Market breadth stood in favour of advancers as of the 52 securities traded for the day 19 advanced while nine declined and 24 stocks remained unchanged.
The top gainers for the day on the MSM were Al Sharqia Investment Holding (+5.24 per cent at 201bz), Sweets of Oman (+4.89 per cent at 944bz), Al Jazeera Steel Products (+1.96 per cent at 312bz), Bank Sohar (+1.47 per cent at 207bz) and National Gas (+1.47 per cent at 414bz) while the top losers for the day were Al Hassan Engineering (-2.30 per cent at 255bz), Oman & Emirates Investment (-2.04 per cent at 192bz), Transgulf Investment (-1.75 per cent at 168bz), Oman Cement (-1.01 per cent at 784bz) and Oman Fisheries (-0.91 per cent at 109bz).
The Financial index was the only gainer among the sectoral indices with support from Bank Sohar (+1.47 per cent at 207bz), bank muscat (+0.68 per cent at 594bz) and National Bank of Oman (+0.34 per cent at 295bz) while the other two sectoral indices closed flat.
© Muscat Daily 2013
