Business

MSX Drops 64 Points in Today’s Trading

Muscat: Muscat Stock Exchange (MSX) 30 Index concluded today's trading session at 5,659.53 points, registering a drop of 64 points, equivalent to 1.12 percent, from its previous close of 5,723.50 points.

According to Oman News Agency, trading activity witnessed an increase, with total market turnover reaching RO 30,214,501, representing a rise of 10.6 percent compared to the previous session's RO 27,307,237.

The official market report released by MSX highlighted a decline in overall market capitalization, which went down by 1.242 percent from the last trading day, settling at approximately RO 31.38 billion.

Non-Omani investor purchases totaled RO 1,710,000, accounting for 5.66 percent of total market activity. Their sales amounted to RO 2,999,000, representing 9.93 percent of market turnover. This resulted in a net decrease in foreign investment of RO 1,289,000, equivalent to a 4.27 percent decrease in foreign net investment activity.