Oman Online News

MSX Closes Lower as Trading Activity Contracts

Muscat: Muscat Stock Exchange (MSX) 30 Index concluded today’s trading session at 5,422.17 points, marking a decline of 36.5 points, equivalent to 0.67 percent, from its previous close of 5,458.64 points. Trading activity saw significant contraction, with total market turnover reaching RO 46,640,638, representing a substantial decrease of 35.8 percent compared to the previous session’s RO 72,616,508.

According to Oman News Agency, the official market report released by the MSX indicated that overall market capitalization decreased by 0.142 percent from the last trading day, settling at approximately RO 30.91 billion.

Non-Omani investor activity showed a net selling trend, with purchases totaling RO 2,924,000, accounting for 6.27 percent of total market activity. Their sales, however, reached RO 4,026,000, representing 8.63 percent of market turnover. This resulted in a net decrease in foreign investment of RO 1,103,000, equivalent to a 2.36 percent decline in foreign participation.