Executed deals on MSX

Muscat: The deals executed on the Muscat Stock Exchange (MSX) rose last week to the levels they were in last March, above the level of 4,000 deals; Benefiting from the high demand for the share of Abraj Energy Services, the company witnessed the execution of 1,192 deals.

Bank Muscat witnessed the execution of 359 deals, while the stock maintained the level of 270 baisas, which is almost the same level to which the stock fell after the annual general assembly of the bank approved on March 22 the distribution of cash dividends of 15 baisas, while 214 deals were executed on Al Anwar stock.

Renaissance Services witnessed the implementation of 203 deals, 195 deals were executed on Ooredoo shares, 150 deals on National Bank of Oman (NBO) shares, 141 deals on International Financial Investments shares, and 126 deals on Omantel shares.

The total number of deals executed last week was 4,109 deals, compared to 1,932 deals, 2,447 deals, and 3,454 deals in the previous three weeks.

The trading value rose last week to OMR14.3 million compared to OMR5.6 million in the previous week when trading was limited to just three days due to the Eid Al-Fitr holiday.

At the level of stock market indices, the main index recorded a decline of 145 points last week and closed at 4,718 points, the financial sector index decreased by 176 points, while the services sector index increased by 40 points, the Sharia index rose by about 7 points, and the industrial sector index recorded the best rise, up by 225 points, benefiting from The rise in the shares of a number of industrial companies.