MSX records slight increase in weekly trading

MSX records slight increase in weekly trading

Muscat: The main index of the Muscat Stock Exchange (MSX) in weekly trading maintained the gains it recorded in previous weeks and closed at 4, 620 points, recording a slight increase of one point. The Muscat Stock Exchange concluded last week's trading early. Trading was limited to three days due to the National Day holiday, which fell on Wednesday and Thursday. The value of trading last week amounted to OMR13. 7 million, including OMR9. 7 million in the stock market and OMR4 million in the bond and sukuk market, which witnessed a clear increase in its trading this week compared to trades worth OMR200, 000 in the previous week. Last week, the market capitalisation of the Muscat Stock Exchange recorded losses of OMR9 million, concluding the weekly trading at OMR23. 83 billion. Last week, the prices of 27 shares rose, while the prices of 15 declined and 16 stabilised at their previous levels. Al Hassan Engineering stock recorded the best rise, rising by 21. 4 percent and closing at 17 baisas, and Dhofar Electricity Generation stock rose by 12. 1 percent and closing at 37 baisas, and rose. Al Batinah Energy shares reached 23 baisas, up 9. 5 percent. On