Saturday 01 / November / 2025
Muscat: The Muscat Stock Exchange (MSX) trading value in October soared to a new record of more than 110 percent to OMR1.0746 billion compared to OMR511 million in September.
The Muscat Stock Exchange has witnessed high levels of trading since last July, with local investment funds and companies injecting more liquidity into trading. The total value of trading from January to October rose to OMR3.49 billion compared to OMR1.24 billion in the same period last year.
Last month witnessed high investor demand for bank stocks and a number of leading companies. Bank Sohar International topped the list of most traded companies in terms of trading value at OMR221.1 million, representing 20.5 percent of the total trading value. Bank Muscat came in second with trading value worth OMR165.9 million, OQ Basic Industries came in third with trading value of OMR161.2 million Omani riyals, OQ Gas Networks came in fourth with trades worth OMR138.6 million, while Asyad Shipping came in fifth with trades amounting to OMR126.5 million, representing 11.7 percent of the total trading value.
In the bonds and sukuk market, the value of trading in October increased by 164 percent to reach OMR15.1 million compared to OMR5.7 million in September. This increase was supported by the 70th issue of government development bonds (GDBs), which witnessed trading worth OMR3.5 million. The 73rd issue of government development bonds came in second place with trading at OMR3.2 million, while Bank Dhofar 2022 bonds came in third place with trading amounting to OMR2.9 million.
Monthly trading data issued by the Muscat Stock Exchange showed an increase in various statistics and indicators. The number of transactions executed last month rose to about 134,000 transactions, registering a growth of 63.9 percent compared to its level in September, which amounted to 81,614 transactions. The market capitalisation of securities listed on the exchange rose at the end of October to OMR31.33 billion, registering gains of OMR802 million compared to its level at the end of September.
The main index of the Muscat Stock Exchange rose by 8.2 percent in October to reach 5,610 points, an increase of 428 points. The financial sector index recorded the highest gains, rising by more than 703 points and closing at 9,228 points. The industrial sector index rose by 202 points and closed at 7,233 points. The services sector index saw an increase of 187 points and closed at 2268 points. The Sharia index recorded an increase of 6 points and closed at 471 points.
In October, the prices of 62 securities rose, compared to 31 securities whose prices declined and 21 securities remained unchanged at their previous levels. Asyad Shipping shares recorded the highest gains, rising by 35.9 percent and closing at 174 baisa. National Aluminum Products shares rose by 29.4 percent and closed at 110 baisa, and Al Batinah Power shares climbed to 175 baisa, recording a rise of 26.8 percent.
The Financial Centre's stock led the losing stocks, recording a decline of 14.2 percent and closing at 36 baisa. Al Maha Ceramics' stock fell to 266 baisa, recording a decline of 13.9 percent, and Muscat Insurance's stock declined by 11.2 percent and closed at 799 baisa.
