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Category: Trading

Dollar Fluctuates in Asian Trading as Markets Weigh Fed Comments

Tokyo: The US dollar today faced continued pressure in Asian trading as investors assessed remarks from Federal Reserve officials for clues on the path of interest rates. The greenback fluctuated between gains and losses, last trading flat after snapp…

Oman and Russia Explore Economic and Investment Opportunities

Moscow: A delegation from Oman Chamber of Commerce and Industry (OCCI) is currently visiting the Russian Federation to participate in the Moscow-Oman Business Forum. The meetings are aimed at enhancing economic and investment cooperation between the t…

MSX 30 Index Falls by 8.7 Points Amid Decrease in Trading Volume

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 5090.08 points, marking a drop of 8.7 points or 0.17% from the previous session’s close of 5098.81 points.

According to Oman News Agency, the trading value reached RO 27,073,245, reflecti…

Gold Hits Fresh Record High on US Rate-Cut Hopes

Muscat: Gold today surged to set a fresh record high, buoyed by investors’ heightened expectations of a dovish rate-cut path, ahead of remarks by multiple Federal Reserve officials and key inflation data later in the week. Spot gold rose 0.9% to $3,71…

US Dollar Extends Recovery Ahead of Fed Speeches

Muscat: The US dollar today extended its recovery following last week’s Federal Reserve interest rate cut, with the dollar index edging slightly higher against a basket of major currencies as investors awaited a series of speeches by Fed officials lat…

MSX Drops 11 Points

Muscat: Muscat Stock Exchange (MSX 30) index today closed at 5,098.81 points, dropping 11.5 points, or 0.22%, compared to the last trading session’s close of 5,110.26 points. The trading value reached RO 31,360,632, increasing by 41.2% compared to the…