Business

MSX Drops 27 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index concluded today's trading session at 5,622.23 points, registering a drop of 27.6 points, equivalent to 0.49 percent, from its previous close of 5,649.81 points.

According to Oman News Agency, trading activity witnessed a decrease, with total market turnover reaching RO 24,759,844, representing a drop of 2.6 percent compared to the previous session's RO 25,427,742.

The official market report released by MSX indicated that overall market capitalization went down by 0.214 percent from the last trading day, settling at approximately RO 31.27 billion.

Non-Omani investor purchases totaled RO 1,610,000, accounting for 6.50 percent of total market activity. Their sales amounted to RO 2,542,000, representing 10.27 percent of market turnover. This resulted in a net decrease in foreign investment of RO 932,000, equivalent to a 3.76 percent decrease in foreign net investment activity.