3 Hrs
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الوطن
Muscat Exchange Market Value Rises to 38.9 Billion Rials
The market capitalization of Muscat Stock Exchange increased to 38.9 billion Omani rials by the end of the week, up by approximately 600 million rials, following a rise in shares and strong trading activity. The market posted gains that boost investor confidence, supported by the issuance of a government bond worth 100 million rials with a 4.5% interest rate. The market also saw rises in its main indices, with trading values exceeding 244 million rials, and the number of transactions surpassing 44,000. The industrial and financial sectors led the gains, while some stocks, such as Oman Aluminum and National Bank, experienced declines.
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