Muscat Stock Exchange Index Edges Up 0.14%: What Investors and Business Owners Need to Know
MUSCAT: The Muscat Stock Exchange (MSX) 30 Index closed on Wednesday at 4,900.31 points, marking a modest increase of 6.7 points, or 0.14%, from the previous session’s close of 4,893.61 points.
The total trading value reached RO 21.31 million, reflecting a decline of 24.9% compared to the RO 28.39 million recorded in the prior session.
According to an MSX report, market capitalisation slightly decreased by 0.018%, settling at approximately RO 29.56 billion.
Foreign investors’ activity showed that non-Omani purchases amounted to RO 548,000, representing 2.57% of total trades, while non-Omani sales reached RO 1.88 million, or 8.80%. Consequently, net non-Omani investment declined by RO 1.33 million, equivalent to 6.23%.
— ONA
Special Analysis by Omanet | Navigate Oman’s Market
The slight rise in the MSX 30 Index signals resilience in Oman’s equity market, despite shrinking trading volumes and market capitalization. However, the significant net outflow of non-Omani investments highlights a potential risk of reduced foreign investor confidence, which businesses and investors should monitor closely. Smart investors should consider diversifying locally and strengthening domestic market appeal to mitigate foreign investment volatility.