Sunday 07 / September / 2025
Muscat: The market capitalisation of the Muscat Stock Exchange (MSX) rose to OMR30.63 billion at the close of trading during week, marking the highest level in the history of the exchange.
This increase reinforced investors' optimism about further improvement in stock prices and growth in expected returns from investing in the stock market. At the same time, investment funds and institutions increased their purchases and encouraged individual investors to increase their purchases.
Trading value rose during the week to OMR138.3 million, compared toOMR 136.9 million the week before. Deals Executed jumped by more than 80 percent to 21,335, benefiting from investor buying and the improved performance of listed companies.
The Muscat Stock Exchange's main index registered new gains, rising 62 points to close at 5,124 points. Among sector indices, the services sector recorded the highest increase, rising 50 points. The industrial sector index rose 12 points, and the financial sector index rose 11 points. Meanwhile, the Shariah index registered a slight decline of less than one point, closing at 474 points.
OQ Exploration and Production saw the highest trading value last week, with the stock rising above 370 baisas. Trading value reached OMR34.1 million, representing 24.6 percent of the total trading value. OQ Basic Industries came in second at OMR23.2 million, Bank Muscat came in third at OMR23 million, Omantel came in fourth with trading valued at OMR16.9 million and Sohar International Bank came in fifth with trading valued at OMR10.9 million, representing 7.9 percent of the total trading value.
Majan College's share topped the gainers, rising 16.8 percent to close at 132 baisas. Al Batinah Energy's share rose to 115 baisas, up 16.1 percent. Al Suwadi Energy's share rose 16 percent to close at 116 baisas. Dhofar Power Generation's share rose 12.8 percent to close at 88 baisas, and Al Anqa'a Energy's share rose to 110 baisas, up 12.2 percent.
Majan Glass was the biggest loser, declining 14.2 percent to close at 12 baisas. Salalah Mills fell to 400 baisas, a 5.8 percent decline, while Oman Oil Marketing Company fell to 755 baisas, a 5.6 percent decline.
Company news
The International Financial Investment Company has invited its shareholders to attend the Ordinary General Assembly meeting, which will be held on September 25th. The meeting will discuss granting the National Aluminium Products Company a loan of OMR300,000 and authorising the Board of Directors or whoever it chooses to sign the loan documents. The International Financial Investment Company owns 20.6 percent of the National Aluminium Products Company’s capital. The Company reduced its losses in the first half of this year to OMR521,000, compared to losses of OMR1,012,000 in the first half of last year. The financial statements indicated that the company’s accumulated losses amounted to OMR6.6 million by the end of June, while its capital amounted to OMR857,000 and reserves amounted to OMR1.2 million. The International Financial Investment Company did not indicate in its disclosure on the Muscat Stock Exchange website the reasons for its desire to grant the loan to the National Aluminium Products Company. Commenting on the financial results for the first half of this year, the National Aluminium Products Company said that it will focus during the coming period on expanding its product range. Improving supply chain efficiency and enhancing its competitive position.
