Muscat Stock Market hits 39B Omani riyals
The market capitalization of Muscat Securities Market increased in September to more than 39.2 billion Omani rials, a rise of 590 million rials. The market benefited from the rise in the value of transactions in private companies and publicly listed companies on the parallel market. Despite a 6.4% decline in trading value, which reached 914 million rials, the number of executed transactions increased to 199,000. Investors targeted shares in banks, investment and financing companies, insurance firms, and industrials. The financial sector index rose by approximately 220 points, closing above 13,600 points, while the industrial sector index also increased by around 200 points. Meanwhile, the main index of Muscat Securities Market declined to 7,566 points.
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