Saturday 05 / September / 2026
Muscat: The market capitalisation of the Muscat Stock Exchange (MSX) rose to OMR38.9 billion at the close of trading week on Thursday, registering weekly gains of about OMR600 million, benefiting from the rise in stock prices, increased optimism in the stock market, and higher trading volumes, values, and executed transactions.
During the week, the MSX listed the 84th issue of government development bonds (GDBs) in the bonds and sukuk market, with a volume of OMR100 million divided into one million bonds with a value of OMR100 per bond and an annual interest rate of 4.5 percent. The market value of the bonds and sukuk market rose at the end of trading week to OMR5.52 billion, recording weekly gains of OMR101.1 million.
The market capitalisation of public shareholding companies recorded gains of OMR242.6 million during the week, rising to OMR22.98 billion at the end of the week’s trading. The closed market recorded weekly gains of OMR250 million, concluding the week’s trading at OMR11.28 billion.
These gains coincided with a rise in the main stock exchange index and sectoral indices, with trading value increasing by more than 116 percent and the number of transactions executed increasing by 42 percent.
Trading data issued by the Muscat Stock Exchange indicated that the main index rose by 95 points during the week to close at 7628 points.
Adel Walid, brokerage manager at United Securities Company, explained that these gains were supported by a number of technical and fundamental factors. The fundamental factors included the rise in oil prices, which helped the general index of the stock exchange rise with the return of Gulf and foreign purchases, in addition to the results of companies that were announced in July, which contributed to the market achieving many gains during the past weeks.
He told the Oman News Agency that technical factors included the declines recorded by the stock exchange during May, June and July of this year, which brought stocks back to very attractive investment levels, supported by strong announced results, which helped bring back a large number of local and international speculators to the Muscat Stock Exchange.
Adel Waleed predicted that the Muscat Stock Exchange would see further gains at the end of the third quarter of this year, as the exchange is expected to be upgraded in the FTSE index, which will attract some of the foreign investments in the region to the local market.
Last month saw the listing of shares issued by Bank Sohar International as part of its capital increase, which the bank offered to exercise its right of preference, aiming to increase its capital from OMR702.5 million to OMR849.6 million.
In August 2026, the Ordinary General Assembly of OQ Exploration and Production approved the Board of Directors’ recommendation to distribute cash dividends to shareholders for the second quarter of this year at 7.23 baisa per share, and to distribute performance-related cash dividends at 4.8 baisa per share, and to authorize the Board of Directors to approve and distribute cash dividends for the third quarter at 7.23 baisa per share.
Pearl Real Estate Investment Fund announced the distribution of interim cash dividends to unit holders registered on August 31 at a rate of 5.5 baisa per unit. Jabal Real Estate Investment Fund also announced that its Board of Directors approved the distribution of interim cash dividends for the second quarter at a rate of 1.825 baisa per unit.
