Muscat Securities Market (MSM) indices ended Wednesday in the green, following a three successive-session decline, as the market’s benchmark index MSM30 surged by 0.32% or 23.63 pts to 7345.76 pts, while Al Sharia Index edged up slightly by 0.05% to 1069.70 pts.

Liquidity increased compared to the previous session as 10.2 million shares were traded against 7.3 million on Tuesday, with turnover amounting to OMR 4.66 million against OMR 2.68 million. A total of 820 transactions were executed compared to 686 transactions yesterday.

Investors traded on the stocks of 53 companies, of which 21 were in the green, 7 declined and 25 remained unchanged.

Market performance was supported by the semi-collective rise of market sectors led by the services sector which soared by 0.44%, followed closely by the financial sector, which gained 0.41%, whereas the industrial sector inched down slightly by 0.04%.

Majan Glass led gainers after surging by 4.96% to OMR 0.275, followed by Renaissance Services and Construction Materials Industry, which rose by 3.51% and 1.96% to OMR 0.708 and OMR 0.052, respectively.

Meanwhile, Galfar Engineering and Construction topped decliners after shedding 1.24% to OMR 0.240, followed by Al Madina Investment and Al Jazeera Services, which lost 1.05% and 0.94% to OMR 0.094 and OMR 0.424, respectively.