MUSCAT : While the market held steady, trading activity saw a sharp decline of nearly 30 per cent compared to the previous session.
According to the daily report from the Muscat Stock Exchange, the benchmark MSX 30 index rose by a slim 0.01 per cent from its previous close of 4,304.44 points.
Trading value on the exchange fell significantly to RO 3.46 million, down from RO 4.93 million in the last session—a 29.9 per cent decrease. Despite the reduced activity, the total market value stood at a robust RO 27.17 billion.
Read More
- Oman oil price jumps to $121.89 a barrel
- ABM International School celebrates over a decade of National Academic Excellence
- Bank Muscat honoured for supporting Al Noor Association for the blind and empowering visually impaired persons
- Oil prices rise to $99 after attacks on Saudi Aramco facilities
- Bank Muscat and Meethaq Islamic Banking’s “Back to School” event draws strong family turnout at Muscat City Centre
In terms of foreign investment, non-Omani purchases amounted to RO 189,000, representing 5.47 per cent of total trading. Meanwhile, non-Omani sales reached RO 320,000, or 9.25 per cent, resulting in a net outflow of foreign investment of RO 131,000—equivalent to a 3.79 per cent decline.
For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
