Industrials give MSM reason to cheer

Muscat - 

The general index of the Muscat Securities Market (MSM) gained 0.25 per cent on Tuesday to close at 5,911.75.

Tuesday's market gain was supported by the Industrial and Services sectors. The Industrial index rose 0.92 per cent, while the Services index increased 0.77 per cent.

The Financial sector index closed in the red with a decline of 0.22 per cent.

Omani institutions and foreign investors were net buyers on Tuesday, while local retail investors remained net sellers on the market.

As many as 59 stocks were traded on Tuesday and the market breadth remained positive with 26 advancing stocks to 14 declining stocks.

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