9 Hrs
Source:
وكالة الأنباء القطرية
Muscat Market trading down 27%
Last week, the trading value at Muscat Securities Market decreased by 27% to 139.3 million Omani rials, compared to 191.4 million rials in the previous week, with the number of executed transactions declining by 24.4% to 31,514 deals. Despite this, the total market capitalization increased to 36.7 billion rials, gaining 47.1 million rials over the week, supported by a rise in the bond and sukuk market, whose market value exceeded 5.4 billion rials, including the listing of the eleventh sovereign sukuk issuance worth 120 million rials. The Muscat Securities Market's main index fell to 7,582 points during the week, affected by declines in many leading stocks, while the industrial and services sectors experienced notable decreases.
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