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Muscat Stock Exchange Market Capitalization Rises to 38.3 Billion Omani Rials
The market capitalization of the Muscat Securities Market rose to 38.3 billion Omani rials, achieving gains of more than 1.45 billion rials during the past week. This was supported by the listing of Oman India Fertilizer Company (Omifco) and the increase in stock prices following the announcement of companies' financial results for the first half of the year. The main index climbed to 7,644 points, with increases in the indices of the industrial, services, and financial sectors. Additionally, stocks experienced active trading worth 74 million rials, with prices of many shares rising—particularly Omifco’s, which increased by 193 baisa—amid a rise in the number of transactions to over 58,000.
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