24 Hrs
Source:
وكالة الأنباء القطرية
Muscat Exchange Surpasses 39 Billion Rials
The Muscat Stock Exchange experienced an increase in its market value last September, reaching over 39.23 billion Omani rials, with gains of approximately 590 million rials. This rise was driven by higher valuations of closed companies and publicly listed companies on the parallel market. Despite a 6.4% decrease in trading value, which dropped to 914 million rials, the number of executed transactions increased to 199,000. Investors mainly targeted banking, investment, financing, insurance, and industrial stocks, following improved performance in these sectors. The financial sector index rose by about 220 points to close above 13,600 points, while the industrial sector index climbed around 200 points to close at 9,812 points. However, these increases did not reflect on the main index, which fell by 37 points to close at 7,566 points.
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