Al Hassan Engineering AGM to be held on 28th March, 2010. (MSM)
Wednesday, March 10, 2010
Al Hassan Engineering AGM to be held on 28th March, 2010. (MSM)
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Global Financial Investment AGM to be held on 29th March, 2010. (MSM)
Wednesday, March 10, 2010
Global Financial Investment AGM to be held on 29th March, 2010. (MSM)
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After yesterday’s slump, MSM30 index advanced today as it was led by buying interest witnessed on index heavyweights during the session. MSM 30benchmark index settled at 6654.71 points, up by 0.26% from the previous close.
Wednesday, March 10, 2010
After yesterday’s slump, MSM30 index advanced today as it was led by buying interest witnessed on index heavyweights during the session. MSM 30benchmark index settled at 6654.71 points, up by 0.26% from the previous close. At the session close, Oman &Emirates was the most active share in terms of volume while Bank Muscat remained as most active in terms of turnover. In the banking sector, shares of Bank Muscat, National Bank of Oman and Ahli Bank advanced while shares of Bank Dhofar declined. Renaissance and Omantel stocks advanced while shares of Galfar Engineering continued its downward trend for the third consecutive session. Cement sector stocks also witnessed decline in their prices.
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Banking and Investment Index turned positive and closed with a gain of 0.35 % at 9510.35 points.
Wednesday, March 10, 2010
Banking and Investment Index turned positive and closed with a gain of 0.35 % at 9510.35 points. United Finance, Transgulf Holding, DIDIC, National Bank of Oman and Bank Muscat were up by 2.31%, 1.75%, 1.42%, 1.28% and 1.11% respectively
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Voltamp Energy has signed the share sale agreement on 9th March 2010
Wednesday, March 10, 2010
Voltamp Energy has signed the share sale agreement on 9th March 2010, divesting its entire block of shares in VMCQ in favor of Salam International Investment Limited, Q.S.C. Qatar, one of the existing shareholders of VMCQ,
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The Industrial Sector Index was also up by 0.25% before closing at 7547.77 points.
Wednesday, March 10, 2010
The Industrial Sector Index was also up by 0.25% before closing at 7547.77 points. Voltamp Energy , Oman Chlorine , Construction Material Ind, National Aluminium and Al Anwar Ceramic increased by 1.23% ,1.05% , 0.94% , 0.52% and 0.23%
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Dhofar Tourism AGM to be held on 25th March, 2010. (MSM)
Wednesday, March 10, 2010
Dhofar Tourism AGM to be held on 25th March, 2010. (MSM)
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Services & Insurance Sector Index was the only loser among other sector indices and closed at 2660.63 points,
Wednesday, March 10, 2010
Services & Insurance Sector Index was the only loser among other sector indices and closed at 2660.63 points, down by 0.06% be Oman Fisheries, Omantel, AES Barka, Renaissance Services and Sohar Power were up by 1.47%, 0.53%, 0.13%, 0.13% and 0.07% respectively.
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Construction Material Ind AGM to be held on 23rd March, 2010. (MSM)
Wednesday, March 10, 2010
Construction Material Ind AGM to be held on 23rd March, 2010. (MSM)
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Based on the EGM dated 10 May 2009 of Al Batinah International to restructure their shares;
Wednesday, March 10, 2010
Based on the EGM dated 10 May 2009 of Al Batinah International to restructure their shares; that is to reduce capital from RO 527,945 to RO 133,870 then increase it through RO 1.2mn private Placement.
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Heavy selling pressure witnessed on National Bank of Oman caused the MSM index to continue its downward trend for the second consecutive session. MSM30 benchmark index closed at 6637.56 points, losing 0.53% from the previous close
Tuesday, March 09, 2010
Heavy selling pressure witnessed on National Bank of Oman caused the MSM index to continue its downward trend for the second consecutive session. MSM30 benchmark index closed at 6637.56 points, losing 0.53% from the previous close. At the session close, National Bank of Oman was the most active share in terms of volume while Bank Muscat in terms of turnover. Shares of National Bank declined after it revised its net profit and dividend proposal downwards. Bank Muscat shares continued its climb for the third consecutive session. In the industry sector, shares of Al Hassan Engineering advanced while shares of Galfar Engineering continued to decline for two sessions in a row.
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Banking and Investment Index was the top loser among other sector indices and was down by 1.04% before closing at 9477.09 points.
Tuesday, March 09, 2010
Banking and Investment Index was the top loser among other sector indices and was down by 1.04% before closing at 9477.09 points. Gulf Investment Services, United Finance, Bank Muscat, Oman International Bank and DIDIC increased by 2.70%, 2.36%, 0.51%, 0.31% and 0.24% respectively.
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The Industrial Sector Index closed at 7528.90 points, down by 0.10%.
Tuesday, March 09, 2010
The Industrial Sector Index closed at 7528.90 points, down by 0.10%. National Detergent and Al Hassan Engineering were up by 1.52% and 0.92% respectively
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Services & Insurance Sector Index was also down by 0.11% before closing at 2662.15 points.
Tuesday, March 09, 2010
Services & Insurance Sector Index was also down by 0.11% before closing at 2662.15 points. Sohar Power and Omantel increased by 0.29%, and 0.23% respectively
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MSM30 index failed to hold on the early gains today and witnessed a declining trend after strong opening. MSM30 benchmark index closed at 6673.20 points, losing 0.14% from the previous close. At the session close, Anwar Holding was the most active share in terms of volume in spite of a decline in prices while Oman Cables remained as most active in terms of turnover.
Monday, March 08, 2010
MSM30 index failed to hold on the early gains today and witnessed a declining trend after strong opening. MSM30 benchmark index closed at 6673.20 points, losing 0.14% from the previous close. At the session close, Anwar Holding was the most active share in terms of volume in spite of a decline in prices while Oman Cables remained as most active in terms of turnover. Shares of Bank Muscat continued to climb up while shares of Bank Sohar, Bank Dhofar and National Bank of Oman witnessed decline. In the industry sector, Oman Cables continued its gain for the second consecutive session. In the cement sector, shares of Oman Cement advanced while shares of Raysut Cement saw a downward movement in their price.
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Banking and Investment Index gained by 0.03% before closing at 9577.09 points
Monday, March 08, 2010
Banking and Investment Index gained by 0.03% before closing at 9577.09 points. OIFC, Transgulf Holding, Bank Muscat, DIDIC and OMINVEST increased by 1.62%, 0.88%, 0.82%, 0.71% and 0.43% respectively.
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The Industrial Sector Index closed at 7536.25 points, down by 0.03%
Monday, March 08, 2010
The Industrial Sector Index closed at 7536.25 points, down by 0.03%. Oman Cable Industry, Jazeera Steel Product, Muscat Gases, Voltamp Energy and Oman Flour Mills were up by 1.36%, 0.66%, 0.21%, 0.18% and 0.15% respectively
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Services & Insurance Sector Index was also down by 0.19% before closing at 2665.19 points
Monday, March 08, 2010
Services & Insurance Sector Index was also down by 0.19% before closing at 2665.19 points. Shell Oman Marketing and Omantel were up by 0.35%, and 0.08% respectively.
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Following positive global cues and rise in oil prices, the MSM index opened on a positive note and ended with gains supported by better turnover and volume compared to the previous session. MSM30 benchmark index closed with a gain of 0.49%, at 6682.85 points. At the session close, ONIC Holding was the most active share in terms of volume while Oman Cables in terms of turnover. Shares of Bank Muscat closed with gain while shares of Oman International Bank witnessed decline.
Sunday, March 07, 2010
Following positive global cues and rise in oil prices, the MSM index opened on a positive note and ended with gains supported by better turnover and volume compared to the previous session. MSM30 benchmark index closed with a gain of 0.49%, at 6682.85 points. At the session close, ONIC Holding was the most active share in terms of volume while Oman Cables in terms of turnover. Shares of Bank Muscat closed with gain while shares of Oman International Bank witnessed decline. In the industry sector, Oman Flour Mills and Oman Cables advanced while shares of Jazeera Steel Product saw a downward movement in their prices. Insurance sector and construction sector stocks also witnessed gains in their prices.
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Banking and Investment Index surged by 1.02% before closing at 9580.03 points.
Sunday, March 07, 2010
Banking and Investment Index surged by 1.02% before closing at 9580.03 points. ONIC Holding, OIFC, Financial Services, Bank Muscat and Al Anwar Holding increased by 3.62%, 2.67%, 2.48%, 1.24% and 0.90% respectively.
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