Muscat Stock Market Ends Higher Despite Drop in Trading Value
Muscat, January 06 (QNA) - Oman's benchmark Muscat Stock Exchange index closed higher on Tuesday, posting modest gains despite a decline in trading activity.
The MSM 30 index ended the session at 6,024.74 points, up 18.6 points, or 0.31%, compared with the previous close of 6,006.10 points.
Trading value reached about OMR 56.16 million ($146m), marking a 10% fall from the previous session, when turnover stood at approximately OMR 62.43m, according to figures released by the exchange.
A report from the Muscat Stock Exchange said the market's total capitalisation rose by 0.141%, reaching around OMR 32.63bn.
Gulf markets have shown mixed performance in recent sessions, as investors weigh corporate earnings, oil price movements and global economic signals. (QNA)
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