Muscat: The Muscat Stock Exchange 30 Index concluded Monday's session at 7,501.05 points, marking a decrease of 8.3 points, or 0.11 percent, from the previous session. This minor drop reflects a cautious market sentiment as investors weighed various economic factors. According to Yemen News Agency, the trading value witnessed a substantial decline of 27.4 percent, reaching OMR 20.01 million. Additionally, the market capitalization saw a decrease of 0.14 percent, settling around OMR 38.24 billion. The decline in these key indicators suggests a reduction in market activity and investor confidence. Non-Omani trading activities also showed a downward trend, with purchases amounting to OMR 2.498 million, representing 12.49 percent of the total, while sales amounted to OMR 3.287 million, or 16.43 percent. This resulted in a net non-Omani investment decline of OMR 788,000, or 3.94 percent, signaling a cautious stance among foreign investors.
Related Articles
China’s Energy Investments to Surpass 20 Trillion Yuan in 2026-2030 Period
Beirut: Major energy project investments in China are anticipated to exceed 20 trillion yuan during the 15th Five-Year Plan period from 2026 to 2030, as stated by a Chinese energy official on Friday. These investments are expected to support steady gr…
Gold Prices Rise as Investor Confidence Grows on Interest Rate Cuts
Sana’a: Gold prices maintained their record high on Wednesday, holding above $3,500, amid growing investor confidence that the Federal Reserve will cut interest rates in September. Gold prices have been on an upward trajectory as investors remain opti…
Gold Prices Edge Up as Investors Look to Federal Reserve Symposium for Guidance
Sana’a: Gold prices rose on Tuesday as investors awaited the US Federal Reserve’s annual symposium this week for clues on potential interest rate cuts. Spot gold increased by 0.2% to reach $3,337.5 per ounce, while December gold futures marked a modes…