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وكالة الأنباء القطرية
Oman Stock Index Gains for Seventh Week
The Muscat Securities Market has risen for the seventh consecutive week, with the main index closing at 7,647 points, a gain of 19 points. This marks cumulative gains of over 530 points over the past seven weeks, driven by increases in banking, industrial, service, investment, and energy sector stocks. The total market capitalization increased by 530.6 million Omani rials, reaching 39.45 billion rials. Trading activity also rose, with the number of transactions reaching around 47,000 and overall market activity increasing, despite a 19% decrease in trading value to approximately 197 million rials. Performance studies show that 45 companies saw their stock prices rise, while 29 declined and 24 remained stable.
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