MSX 30 Index Sees a 50-Point Drop Amid Decreased Trading Activity

Muscat: Muscat Stock Exchange (MSX) 30 Index concluded today’s trading session at 5,565.87 points, registering a drop of 50.1 points, equivalent to 0.89 percent, from its previous close of 5,616.02 points.

According to Oman News Agency, trading activity witnessed a decline, with total market turnover reaching RO 25,692,878, representing a decrease of 21.3 percent compared to the previous session’s RO 32,632,473.

The official market report released by MSX noted that overall market capitalization increased by 0.297 percent from the last trading day, settling at approximately RO 31.35 billion.

Non-Omani investor purchases totaled RO 1,726,000, accounting for 6.72 percent of total market activity. Their sales amounted to RO 2,663,000, representing 10.37 percent of market turnover. This resulted in a net decrease in foreign investment of RO 937,000, equivalent to a 3.65 percent decline in foreign net investment activity.