Muscat Stock Exchange market cap rises to RO 27.5 Bln last week


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Yemen News Agency SABA
Muscat Stock Exchange market cap rises to RO 27.5 Bln last week
[09/ November/2024]
Muscat-Saba:

The market capitalization of the Muscat Stock Exchange rose by the end of last week to RO 27 billion and RO 551 million, recording weekly gains of about RO 130 million, benefiting from the listing of a new issue of government development bonds and the rise in shares of a number of leading companies listed on the regular market.

According to the Oman News Agency on Saturday, the Muscat Stock Exchange last week listed the 72nd issue of government development bonds with a volume of OMR 98 million, divided into 980,000 bonds and the nominal value of each bond is OMR 100 with an annual interest rate of 4.75 percent.

Last week, the regular market recorded an increase in its market value to exceed RO 6 billion and RO 22 million, recording gains of RO 81.5 million, while the parallel market witnessed a decline in its market value from RO 6 billion and RO 128 million to RO 6 billion and RO 79 million.

Last week, the Muscat Stock Exchange witnessed a decline in its main indices, as the main index of the stock exchange fell 43 points and closed at 4705 points, the financial sector index fell 69 points, the industrial sector index recorded a decline of about 42 points, and the services sector index fell 36 points, while the Sharia index managed to rise by about two points and ended the weekly trading at 432 points.

Last week, the Muscat Stock Exchange recorded a decline in the number of executed transactions and trading value, as the value of trading decreased to RO 38.8 million compared to RO 149.3 million in the previous week, and the number of executed transactions decreased from 21,278 transactions to ten thousand and 898 transactions.

Last week, the prices of 40 securities fell, compared to 20 securities whose prices rose and 18 securities stabilized at their previous levels.