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Category: Trading

Gold Rises Amid US Recession Fears

Gold prices drifted higher today, aided by worries that the US could be headed for a recession and rising bets that the Federal Reserve will likely need to start cutting interest rates aggressively.

Spot gold rose 0.14 percent to USD 2,446.83 per oun…

MSX Drops 44 Points

Muscat Stock Exchange (MSX) general index (30) today lost (44.9) points, comprising a drop by (0.97%) to close at (4602.25) points, compared to the last session, which stood at (4647.20) points.

The trading value today stood at (RO 2,351,439), compri…

Oman Oil Exports Exceed 135.3m Barrels by End of June 2024

The Sultanate of Oman’s overall oil exports during the first half of 2024 increased by 0.3% to stand at 153,362,300 barrels. The average price of a barrel was $82.2, according to the data of the National Centre of Statistics and Information (NCSI).

O…

CBB Treasury Bills oversubscribed by 215%

Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 215%.

The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of the Kingdom of Bahrain.

…

Bahrain All Share Index marks 1,931.24 points

Manama, Bahrain All Share Index has closed at 1,931.24 points, marking a decrease of 20.09 points below the previous closing.

This decrease was due to the drop in the financial sector and the real estate sector.

Bahrain Islamic Index has closed at 7…