Muscat - Saba:
Muscat Stock Exchange (MSM) recorded an increase in trading value last week to RO 20.6 million, compared to RO 16.3 million in the previous week, an increase of 26.3%, benefiting from strong trading on the eighth issue of sovereign sukuk, which amounted to RO 10.3 million, representing 50.2% of total trades.
However, the bourse witnessed a decline in the prices of 35 securities, compared to an increase of 17 securities and the stability of 25 securities, which led to a decrease in the general index by 34 points to close at 4443 points.
The Financial Sector Index declined by 58 points, the Services sector by 28 points, while the Industrial Sector increased by 10 points to 5624 points.
At the trading level, the value of trading in the bond and sukuk market increased to RO 11.36 million, while the value of trading in the stock market decreased to QAR 9.2 million from QAR 15.1 million the previous week.
Muscat Stock Exchange (MSM) recorded an increase in trading value last week to RO 20.6 million, compared to RO 16.3 million in the previous week, an increase of 26.3%, benefiting from strong trading on the eighth issue of sovereign sukuk, which amounted to RO 10.3 million, representing 50.2% of total trades.
However, the bourse witnessed a decline in the prices of 35 securities, compared to an increase of 17 securities and the stability of 25 securities, which led to a decrease in the general index by 34 points to close at 4443 points.
The Financial Sector Index declined by 58 points, the Services sector by 28 points, while the Industrial Sector increased by 10 points to 5624 points.
At the trading level, the value of trading in the bond and sukuk market increased to RO 11.36 million, while the value of trading in the stock market decreased to QAR 9.2 million from QAR 15.1 million the previous week.