MUSCAT: The Muscat Stock Exchange (MSX) 30 index recorded a gain of 0.43 percent, settling at 4,938.93 points compared to the previous day’s close of 4,917.68 points. This upward movement reflects a cautiously positive sentiment among investors amid varied performance across different sectors. The total trading value decreased to RO 24.19 million, marking a 29 percent decline from the prior session’s RO 34.09 million, highlighting selective participation and strategic repositioning by market players in response to current economic signals.
The daily report indicated that the overall market value rose by 0.194 percent, reaching approximately RO 29.58 billion. Analysts note that this increase signals continued confidence in Oman’s capital markets despite lower trading volumes. Investors remain attentive to macroeconomic indicators, corporate earnings reports, and external factors such as oil price movements that influence market trends. This gradual growth demonstrates the market’s resilience and the cautious optimism of participants navigating both domestic and regional economic developments.
Foreign investment activity remained notable, with non-Omani investors purchasing shares worth RO 1.819 million, representing 7.52 percent of the total trading value. Meanwhile, sales by non-Omanis stood at RO 1.056 million, or 4.36 percent, resulting in a net non-Omani investment increase of RO 763,000. This net inflow accounted for 3.15 percent of the total market, reflecting ongoing interest from international investors and their strategic positioning in Oman’s equity markets, contributing to overall market liquidity and diversity.
Sectoral performance within the MSX exhibited mixed trends, with certain industries gaining momentum while others showed marginal pullbacks. Financials maintained relative stability, whereas industrials and services experienced limited declines. This pattern underscores the cautious approach adopted by traders and institutional players, who remain vigilant about regional and global economic developments. As the market balances between optimism and prudence, participants continue to monitor policy announcements, corporate disclosures, and market trends to guide investment decisions.
