MSX Loses 51 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index concluded today’s trading session at 5,370.44 points, registering a decline of 51.7 points, equivalent to 0.95 percent, from its previous close of 5,422.17 points.

According to Oman News Agency, trading activity witnessed a substantial contraction, with total market turnover reaching RO 32,969,743, representing a significant decrease of 29.3 percent compared to the previous session’s RO 46,640,638.

The official market report released by the MSX indicated that the overall market capitalization decreased by 0.211 percent from the last trading day, settling at approximately RO 30.84 billion.

Non-Omani investor activity showed increased participation, with purchases totaling RO 4,532,000, accounting for 13.75 percent of total market activity. Their sales amounted to RO 3,862,000, representing 11.71 percent of market turnover. This resulted in a net increase in foreign investment of RO 670,000, equivalent to a 2.03 percent rise in foreign net investment activity.