Muscat Stock Exchange declines 75.9 points amid trades worth 48.7 million riyals
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 a decrease of 75.9 points, and closed at 7,728.06 points. Trading value reached 48.712 million Omani riyals, and the market value reached 39.63 billion riyals. The main indicators decreased... The value of buying among non-Omanis reached 11.4 million riyals, or 23.6%, and the value of their selling reached 9.3 million riyals, or 19.2%, and net investment increased. The Omani change amounted to 2.1 million riyals, at a rate of 4.3%.
Detailed summary
The Muscat Stock Exchange index recorded a decrease of 75.9 points, and closed at 7,728.06 points, and the trading value reached 48.712 million Omani riyals, and the market value reached 39.63 billion riyals. The main indices decreased... The Muscat Stock Exchange index recorded a decrease of 75.9 points, and closed at 7,728.06 points, and the trading value reached 48.712 million Omani riyals, and the market value reached 39.63 billion riyals. The indices decreased by 0.8%, the services index by 0.7%, the industry index by 0.5%, and the financial sector index by 0.3%. Sohar International Bank acquired the trading value by 12.1 million riyals, Oman Telecom by 9.8 million riyals, and OQ Basic Industries - Salalah Free Zone by 8.4 million riyals. Sohar Energy recorded the highest percentage of increase among traded companies by 10%, Its stock closed at 220 baisas, followed by the Building Materials Industry by 7.1%, and its stock closed at 75 baisas, and Oman Arab Bank by 4.1%, and its share closed at 299 baisas. The most notable losers: Dhofar Electricity Generation was the most prominent losers during the session with a decline of 5%, and closed
Its stock was at 75 baisas, followed by Oman Cement at 2.3%, and its stock closed at 630 baisas, and Oman Refreshments at 2.2%, and its stock closed at 1 riyal and 100 baisas. Omani investors turned to selling, as the percentage of their sales reached 80.7% compared to 76.4% of their purchases, and the value of the sale amounted to 80.7 million riyals, and the value of the purchase was 37.2 million riyals. The value of purchases by non-Omanis reached 11.4 million riyals, or 23.6%, and the value of their sales amounted to 9.3 million riyals, or 19.2%. The net non-Omani investment increased to 2.1 million riyals, or 4.3%.
Background & context
This story sits within Oman's broader reform agenda and efforts to grow Capital Markets 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
- Trading value reached 48.712 million Omani riyals, and the market value reached 39.63 billion riyals.
- The value of buying among non-Omanis reached 11.4 million riyals, or 23.6%, and the value of their selling reached 9.3 million riyals, or 19.2%, and net investment increased.
- The Omani change amounted to 2.1 million riyals, at a rate of 4.3%.
- The Muscat Stock Exchange index recorded a decrease of 75.9 points, and closed at 7,728.06 points, and the trading value reached 48.712 million Omani riyals, and the market value reached 39.63 billion riyals.
- The Muscat Stock Exchange index recorded a decrease of 75.9 points, and closed at 7,728.06 points, and the trading value reached 48.712 million Omani riyals, and the market value reached 39.63 billion riyals.
Key points
- The Muscat Stock Exchange index recorded a decrease of 75.9 points, and closed at 7,728.06 points.
- Trading value reached 48.712 million Omani riyals, and the market value reached 39.63 billion riyals.
- The main indicators decreased...
- The value of buying among non-Omanis reached 11.4 million riyals, or 23.6%, and the value of their selling reached 9.3 million riyals, or 19.2%, and net investment increased.
Why this matters
This matters because activity in Capital Markets shapes capital flows, hiring and investor sentiment across Oman.
Economic & market impact
Potential impact: - 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 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 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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