Muscat: According to the daily report issued by the Muscat Stock Exchange, the index rose from its previous close of 4,809.44 points, showing renewed investor confidence in the market.
While the index saw upward movement, the total trading value stood at RO 25.27 million, down 10.4% from the previous session’s RO 28.21 million.
The market value also saw a positive uptick, climbing by 0.438% to reach approximately RO 29.40 billion.
Read More
- A taste of Britain comes to Oman! LuLu British Food Week serves up a feast of flavors
- Oman Cables breaks ground on new plant with investment exceeding RO 10 million
- Shariah-compliant United Omani Islamic Fund opens public subscription on October 18
- OQ8, Invest Oman to explore investment and business opportunities at Duqm Now forum
- Roberto’s Muscat welcomes Ilario Prospero as General Manager
In terms of foreign activity, non-Omani purchases totaled RO 1.437 million, representing 5.68% of total trades. Meanwhile, non-Omani sales stood at RO 581,000, or 2.30%. This resulted in a net foreign investment inflow of RO 856,000, accounting for 3.39%.
