MSX General Index Records Minor Gains Amid Decline in Trading Value

Muscat: The Muscat Stock Exchange (MSX) general index (30) today gained 3.5 points, marking a rise of 0.08% to close at 4355.25 points. This improvement follows the last session, where the index stood at 4351.79 points. According to Oman News Agency, the trading value experienced a significant drop, standing at RO 3,870,258, which marks a decrease of 61.5% compared to the last session's trading value of RO 10,051,523. Despite the decrease in trading value, the market value saw an increase of 0.423%, reaching approximately RO 27.45 billion. The report from MSX highlighted activities by non-Omani investors, revealing that the value of shares purchased by non-Omani investors amounted to RO 276,000, comprising 7.14% of the total. Meanwhile, the value of shares sold by non-Omani investors was RO 309,000, making up 7.99% of the total. This led to a net decrease in non-Omani investment by 0.85%, equating to RO 33,000.