Muscat - Saba: The main index of the Muscat Stock Exchange broke the 4800 points barrier last week with the increase in demand for investment in the stock exchange and local investment institutions increasing their purchases and diversifying their investment portfolios.
The Oman News Agency reported today, Saturday, that the main index rose in last week's trading to 4813 points, recording its best levels since June 3, and the index ended weekly trading at 4800 points, recording a weekly increase of 49 points.
The increases witnessed by the Muscat Stock Exchange last week pushed the market value of securities listed on the stock exchange to rise to 24 billion and 736 million Omani riyals, recording weekly gains of about 134 million Omani riyals.
In conjunction with the rise in the stock market indicators, the trading value rose during the past week to 17.2 million Omani riyals compared to 11.7 million Omani riyals in the previous week, recording a rise of 46 percent, and the number of executed deals increased by 20 percent from 2,849 deals to 3,439 deals.
The prices of 33 securities rose during the past week compared to 26 securities whose prices declined and 14 securities remained stable at their previous levels.
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