📊 Muscat Stock Exchange Market Value Exceeds $71 Billion
As of the end of March 2025, the market value of the Muscat Stock Exchange reached 27.638 billion Omani Rials (approximately $71.8 billion), reflecting an increase of 328.6 million Rials compared to February.
This growth was mainly driven by the successful IPO of “Asiad Shipping” on the second market. By the end of the month, the market value of this company surpassed 645 million Rials.
🔻 Despite a decline of 68 points in the overall index, sectors such as banking and the OQ group attracted strong investor interest.
📈 Over the month:
The stock prices of 24 companies rose
61 companies saw a decline
17 stocks remained unchanged
📌 The biggest gain was seen by Muscat Insurance Company, with a 60.3% increase.
This performance highlights the dynamic nature of Oman’s capital market and its growing role in strengthening the country’s economic foundations.