Tuesday 05 / May / 2026
Muscat: At the beginning of trading in the second quarter of this year, investors in the Muscat Stock Exchange rebuilt their investment portfolios, after the end of the annual regular general assemblies season, which approved the distribution of profits recommended by the boards of directors.
The week's trading showed investors' focus on a number of leading stocks listed in the financial sector, such as Ominvest, Bank Muscat, National Bank of Oman, Bank Dhofar, and Oman Arab Bank, in addition to the shares of energy companies, Al Jazira Services, Al Sharqiya Investment, Holding, and Al Anwar Ceramic Tiles. During the week's trading, investors sought to strengthen their investment portfolios while awaiting the preliminary results for the first quarter of this year.
Investors in the Muscat Stock Exchange also expressed interest in Al Anwar Investments, whose financial year ended last March, looking forward to the company announcing its initial financial results in the coming days.
Investors' desire to buy during the week's trading was reflected in the movement of stocks, market value, the main index of the stock exchange, and sectoral indicators. Trading data issued by the Muscat Stock Exchange indicated that the prices of 46 securities rose, compared to 17 securities whose prices declined, and 13 securities remained unchanged at their previous levels.
During the week, the market value of the Muscat Stock Exchange recorded gains of OMR80.7 million, rising at the end of the trading session on Thursday to OMR24.36 billion.
The main index of the Stock Exchange closed during the week’s trading at 4,680 points, rising by 7 points, and the financial sector index recorded the highest increase, rising by 274 points, and the industrial sector index rose by 119 points, and the Sharia index recorded an increase of about 10 points, while the services sector index bucked the trend of the sectoral indices to close at 1853 points, down 17 points, affected by the decline in the shares of Telecommunications and Al Maha Petroleum Products Marketing.
OQ Gas Networks was at the forefront of the most traded companies in terms of trading value, after witnessing trades worth OMR2.37 million, representing 13.3 percent of the total trading value. Sohar International Bank ranked next with trades amounting to OMR1.58 million, Abraaj Energy Services trades amounted to OMR1.55 million, Barka Water and Power had trades worth OMR1.33 million, while Al Anwar Investments trades amounted to OMR1.96 million.
The total trading value last week amounted to about OMR17.8 million compared to OMR23.4 million in the previous week. The deals executed last week stabilised above the level of 6,000 deals for the second week in a row amid investors’ appetite for shares of companies with low market capitalisation.
Barka Water and Energy shares topped the winning shares, rising by 50 percent and closing at 330 baisas, Al Hassan Engineering shares rose to 14 baisas, rising by 40 percent, National Aluminum Products shares rose by 31 percent and closed at 50 baisas, and Oman and Emirates Holding Company shares rose to 86 baisas, up by 30 percent. Voltamp Energy shares rose by 22 percent and closed at 224 baisas, Al Maha Ceramics shares was at the top of the losing stocks, declining by about 9 percent and closing at 162 baisas, and Oman Cement stock fell by 6.7 percent and closed at 345 baisas, while National Mineral Water shares fell to 42 baisas, recording a decline of 6.6 percent.
