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2026-10-02T07:44:27.095Z

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Muscat Stock Exchange Sees 175 Million Riyals After FTSE Upgrade

Muscat Stock Exchange Sees 175 Million Riyals After FTSE Upgrade

The Muscat Stock Exchange indices declined by approximately 12.2 points, despite receiving the "Arab Stock Exchange with the Highest Return Rate" award. Its market value approached 39.23 billion Omani riyals, with trading volumes exceeding 66.4 million riyals. Additionally, an estimated 175 million riyals are expected to flow into the market following the stock exchange's upgrade to the FTSE Russell index. In global markets, the price of a barrel of oil rose above $102 due to fuel shortage concerns, amid Israeli shelling targeting several areas in southern Lebanon.

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