24 Hrs
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وكالة الأنباء القطرية
Muscat Exchange Dips Last Week
The Muscat Stock Exchange index declined by approximately 265 points last week, closing at 7,316 points. The decline was influenced by pressures on the financial, services, and industrial sectors, with the market capitalization dropping to 36.17 billion Omani riyals and weekly losses amounting to 537.6 million riyals. Despite the downturn, forecasts indicate the possibility of the market resuming its upward trend as selling pressures ease and the financial results for the first half of the year improve.
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