Thursday, November 5, 2026

Business

MSX 30 Index Rises by 5.9 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,602.54 points, marking a rise of 5.9 points (0.13%) from the previous session’s close of 4,596.69 points. Trading value increased to RO 22,522,997, reflecting a 46.1% rise compared to the last session’s RO 41,788,740. According to Oman News Agency, the

Oman Oil Price Drops 29 Cents

Muscat: Oman oil price for September delivery 2025 has decreased by 29 cents, reaching 71.88 US Dollars compared to yesterday’s price of 72.17 US Dollars. According to Oman News Agency, the average price of Oman oil for July delivery 2025 has stabilized at 63.62 US Dollars per barrel. This marks

Gold Gains as Dollar Weakens Amid Tariff Expansion

Muscat: Gold prices today rose, supported by a slight decline in the dollar exchange rate and bond yields, while investors closely monitored developments in trade negotiations amid US President Donald Trump expanding the scope of tariffs. Spot gold rose 0.3 percent to USD 3,322.46 per ounce, while US gold futures

Oil Falls Amid Concerns Over Escalating Trade Tensions

Muscat: Oil prices today dropped as the latest tariff announcements by US President Donald Trump were perceived by market participants to threaten global economic growth and demand for the resource. Brent crude futures were down 22 cents, or 0.31 percent, at USD 69.97 a barrel. US West Texas Intermediate crude

Gold Prices Fall Amid Progress on US Trade Agreements

Muscat: Gold prices dropped today after the US signaled progress on multiple trade agreements and announced extended tariff reprieves for several countries, dampening demand for the safe-haven metal. Spot gold fell 0.6% to $3,314.21 per ounce, as US gold futures were down 0.6% to $3,322. According to Oman News Agency,

Dollar Drops to Near Multi-Year Lows

Muscat: The US dollar drifted close to its lowest level since 2021 against the euro and the weakest since 2015 versus the Swiss franc today, with traders alert for any trade-related headlines in the countdown to the US’s tariff deadline. The dollar slipped slightly to 0.7949 Swiss franc, while the

Japan Stocks Decline Amid Rising Yields

Muscat: Japan’s stock markets declined today amid a broad sell-off in long-term bonds, as renewed concerns about the country’s fiscal outlook resurfaced ahead of this month’s upper house elections. The benchmark 225-issue Nikkei Stock Average fell 223.20 points, or 0.56%, from Friday’s close to settle at 39,587.68. According to Oman

Recent posts

Oman Participates in GCC Culture Ministries’ Preparatory Meeting

Muscat:The Sultanate of Oman participated in a preparatory meeting of Undersecretaries of Ministries of Culture from GCC states. This meeting, conducted via video conference, served as groundwork for the upcoming 30th meeting of GCC Ministers of Cultu…

Sultan Haitham Embarks on State Visit to China

Muscat:His Majesty Sultan Haitham bin Tarik departed this morning for the People’s Republic of China on a two-day state visit. The visit comes in response to an invitation from President Xi Jinping of China.

According to Oman News Agency, His Majest…