Saturday 31 / January / 2026
Muscat: The Muscat Stock Exchange (MSX) recorded gains in its market capitalization of about OMR1.5 billion in January, benefiting from the rise in share prices and the increase in the market cap of public shareholding companies and the bond and sukuk market.
The market capitalisation of securities listed on the Muscat Stock Exchange rose to OMR33.51 billion by the end of January trading, recording a growth of 4.6 percent compared to its level in December 2025, which amounted to OMR32.11 billion.
The market capitalisation of public shareholding companies constituted 51.6 percent of the total market cap after rising to OMR17.3 billion by the end of trading in January, while the market cap of bonds and sukuk market reached OMR5.1 billion, constituting 15.3 percent of the total market cap of the stock exchange. The market capitalisation of closed companies reached OMR11.49 billion while the market capitalisation of promising companies market reached OMR2.7 million.
OQ Exploration and Production (OQEP) topped the list of public shareholding companies with the highest market value at OMR3.17 billion, followed by Bank Muscat at OMR2.70 billion, Bank Sohar International at OMR1.85 billion, Asyad Shipping with a market value of OMR994.8 millionand OQ Gas Networks has a market value of OMR892.1 million.
The Muscat Stock Exchange benefited in January from the rise in share prices of many public shareholding companies. In January, the exchange witnessed an increase in the prices of 80 securities, compared to 20 securities whose prices declined and 11 securities that remained stable at their previous levels.
These gains pushed the main index and sectoral indices of the Muscat Stock Exchange to record new record levels, as the main index closed at the end of January trading at 6,330 points, recording gains of 463 points, rising by 7.9 percent. The industrial sector index rose by 14.8 percent and closed at 9009 points, recording a rise of 1162 points. The financial sector index rose by 10.1 percent and closed at 10918 points, rising during the month by 1009 points. The services sector index rose by 128 points, and the Sharia index recorded gains of 63 points.
Trading value in January reached OMR836.8 million, registering a decline of 6.7 percent from its level in December 2025, which amounted to OMR897.5 million. The number of transactions executed decreased from 101,000 transactions to about 97,000 transactions.
The trading of Bank Muscat and Bank Sohar International constituted about 35 percent of the total trading value. Bank Muscat saw trading worth OMR147.5 million, and Bank Sohar saw trading worth OMR143.4 million. OQ Exploration and Production came in third place with trading worth OMR133.6 million, Omantel came in fourth with trading worth OMR85.5 million, and OQ Basic Industries came in fifth place with trading value at OMR74.2 million.
