Active trades supporting a landmark stock exchange. And the index is up 7.6 points
Source: Oman Daily (عمان) — الاقتصادية
Original summary written by Tharwa from the source above. How we source and correct stories
The story in brief
The Muscat Stock Exchange index recorded an increase of 7.6 points, and closed at 7,613.47 points. The trading value reached 42.140 million Omani riyals, and the market value reached 39.28 billion riyals. The indicators varied by 0.3%, while the Sharia index decreased by 0.3%, the industrial index by 0.27%, and the services index by 0.24%. Bank Sohar International acquired the trading value by 13 million. riyals, Bank Muscat with 5.7 million riyals, and OQ Basic Industries - Salalah Free Zone with 4.8 million riyals. Majan College recorded the highest percentage of increase among the traded companies by 5.9%, and its shares closed at 142 baisas, Muscat Finance by 2.9% and its shares closed at 69 baisas, and Oman Arab Bank by 2.3% and its shares closed at 266 baisas.
Detailed summary
The Muscat Stock Exchange index recorded an increase of 7.6 points, and closed at 7,613.47 points. The trading value reached 42.140 million Omani riyals, and the market value reached 39.28 billion riyals. The indicators varied by 0.3%, while the Sharia index decreased by 0.3%, the industrial index by 0.27%, and the services index by 0.24%. Bank Sohar International acquired the trading value by 13 million. riyals, Bank Muscat with 5.7 million riyals, and OQ Basic Industries - Salalah Free Zone with 4.8 million riyals. Majan College recorded the highest percentage of increase among the traded companies by 5.9%, and its shares closed at 142 baisas, Muscat Finance by 2.9% and its shares closed at 69 baisas, and Oman Arab Bank by 2.3% and its shares closed at 266 baisas.
The most prominent losers: National Industrial Detergents was the most prominent loser during the session, with a decrease of 2.9%, and its shares closed at 630 baisas, followed by the Financial Center, with a decrease of 1.9%, and its shares closed at 100 baisas, and Bank Nizwa Sukuk Issue 3, with a decrease of 1.9%, and its shares closed at 101 baisas. Omani investors turned to selling, as the percentage of their sales reached 83.6%, compared to 80.5% for their purchases. The sale value was 35.2 million riyals and the purchase value was 33.9 million riyals. The purchase value for non-Omanis was 7.1 million riyals, or 13.4%. The sale value for non-Omanis was 8.1 million riyals, or 19.4%. The net non-Omani investment increased to 1.2 million riyals, or 3%.
Background & context
This story sits within Oman's broader reform agenda and efforts to grow Banking as a pillar of non-oil GDP. The region benefits from supportive energy prices, expansionary government budgets, and rising interest from sovereign wealth funds and foreign investors.
Key numbers & facts
- The trading value reached 42.140 million Omani riyals, and the market value reached 39.28 billion riyals.
- The indicators varied by 0.3%, while the Sharia index decreased by 0.3%, the industrial index by 0.27%, and the services index by 0.24%.
- Bank Sohar International acquired the trading value by 13 million. riyals, Bank Muscat with 5.7 million riyals, and OQ Basic Industries - Salalah Free Zone with 4.8 million riyals.
- Majan College recorded the highest percentage of increase among the traded companies by 5.9%, and its shares closed at 142 baisas, Muscat Finance by 2.9% and its shares closed at 69 baisas, and Oman Arab Bank by 2.3% and its shares closed at 266 baisas.
- The trading value reached 42.140 million Omani riyals, and the market value reached 39.28 billion riyals.
Key points
- The Muscat Stock Exchange index recorded an increase of 7.6 points, and closed at 7,613.47 points.
- The trading value reached 42.140 million Omani riyals, and the market value reached 39.28 billion riyals.
- The indicators varied by 0.3%, while the Sharia index decreased by 0.3%, the industrial index by 0.27%, and the services index by 0.24%.
- Bank Sohar International acquired the trading value by 13 million. riyals, Bank Muscat with 5.7 million riyals, and OQ Basic Industries - Salalah Free Zone with 4.8 million riyals.
Why this matters
This matters because activity in Banking, Capital Markets shapes capital flows, hiring and investor sentiment across Oman.
Economic & market impact
Potential impact: - Banks may see shifts in mortgage, project finance and corporate lending pipelines. - Listed GCC equities and indices may see direct trading reaction.
GCC angle
For the rest of the GCC, this is a signal on the pace of activity in Banking, Capital Markets. Capital flows and regulatory decisions in one Gulf state typically travel across borders given the similar economic structures and the coordination inside the GCC framework.
Risks & uncertainty
There is uncertainty around the read-through: projections can be moved by swings in oil prices, by US monetary policy tightening that most GCC central banks track via dollar pegs, and by regional geopolitical events. Headline numbers may also be revised when subsequent official data is published.
What happens next?
Watch for upcoming disclosures from listed names in Banking, Capital Markets, official macro releases for Oman, and any commentary from regulators or sovereign wealth funds. Tharwa will refresh this briefing as new public information becomes available.
Sources used
This is an original Tharwa briefing based on the available source material. Read the full article from the publisher.
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