Trading value on MSX jumps to OMR 92.9 million


Muscat: Trading value on the Muscat Stock Exchange jumped to OMR 92.9 million last week, compared to 25.4 million Omani riyals in the previous week, benefiting from the listing of OQ Gas Networks Company on the Muscat Stock Exchange, and the Dubai Financial Group selling part of its shares in a Bank Muscat.

The trading value of OQ Gas Networks shares amounted to 47 million and 393 thousand Omani riyals, accounting for about 50 percent of the total trading value, while the trading value of Bank Muscat shares amounted to 35 million and 747 thousand Omani riyals, representing 38.4 percent of the total trading value.

The Muscat Stock Exchange listed OQ Gas Networks Company for trading, effective October 24, after completing its transformation into a public joint stock company with a capital of RO 4,330,620.

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