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Category: Trading

MSX 30 Index Climbs 14 Points Amid Decline in Trading Value

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 5195.65 points, marking a rise of 14 points or 0.28% from the previous session’s close of 5181.38 points. Trading value reached RO 28,179,213 reflecting a 37.5% decrease compared to the last…

Dollar Hits Two-Month High Amid US Government Shutdown Concerns

Muscat: The US dollar climbed to a two-month high in early Asian trading today, as mounting risks surrounding the US government shutdown stoked investor anxiety and lifted demand for safe-haven assets. The dollar index, which tracks the greenback agai…

Oil Gains on Easing Supply Fears after OPEC+ Decision

Muscat: Oil prices rose nearly 1% today as investors shrugged off concerns about oversupply after digesting a decision earlier by OPEC+ to limit production increases next month. Brent crude futures gained 63 cents, or 0.96%, to $66.08 per barrel, whil…

Gold Tops $4,000 for First Time in History

Muscat: Gold surged past the $4,000 mark per ounce for the first time in history today, as investors sought safe-haven assets amid intensifying economic and geopolitical uncertainties and growing expectations of further interest rate cuts by the US Fe…