Oman Bourse Ends Slightly Lower Amid Selective Selling; Bank and Energy Stocks Active

Muscat | EcoPulse24

The Muscat Stock Exchange ended today's session with a slight decline, impacted by selective selling pressure on certain stocks, contrasted by notable activity in banking and energy shares. The main index settled at 6,178.108 points, down 0.230% or 14.464 points, in a session characterized by varied performance and liquidity focused on select names.

Trading value reached approximately 24,689,311.842 OMR, with 98,389,751 shares exchanged in 3,451 transactions, covering 27 listed securities. Four stocks advanced, 16 declined, and 7 were unchanged.

Top Gainers included Financial Services (+9.43%), The Pearl REIF (+7.43%), Dhofar Insurance (+5.22%), Dhofar Foods and Investment (+4.17%), and Oman Education & Training Investments (+3.87%).

Top Losers were Al Anwar Ceramic (-8.53%), Construction Material Industries (-8.11%), Muscat City Desalination (-5.26%), Aljazeera Services (-4.83%), and Dhofar Generating (-4.44%).

Most active by volume: Sohar International Bank (36.87 million shares), Bank Muscat, OQ Base Industries (SFZ), OQ Exploration and Production, and Bank Dhofar.

By value traded: Sohar International Bank, Bank Muscat, OQ Exploration and Production, Oman Telecom, and OQ Base Industries (SFZ) led the session.

Financial Analysis:
Today's performance reflects a highly selective market, with liquidity concentrated in banking and energy stocks maintaining strong turnover, while certain industrial and services shares faced selling. The limited index decline signals an absence of broad-based selling, with the market remaining in a consolidation range as it awaits stronger catalysts for a general recovery, particularly if institutional liquidity continues to support leading shares.