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Muscat stock exchange closes lower, trading volume rises
Muscat stock exchange closes lower, trading volume rises

Saba Yemen

time5 days ago

  • Business
  • Saba Yemen

Muscat stock exchange closes lower, trading volume rises

Muscat – Saba: The Muscat Stock Exchange (MSX) 30 Index closed down today, Wednesday, at 4,809.44 points, a decrease of 7.6 points or 0.16% from its last trading session. Despite the index's decline, the total value of trading surged by 20.1% to 28.21 million Omani Rials, up from 23.48 million Rials in the previous session. The daily report from the MSX also noted a slight decrease in market capitalization, which fell by 0.110% to approximately 29.27 billion Omani Rials. Foreign investment activity showed a net outflow, with non-Omanis selling 1.63 million Rials worth of shares while purchasing 926,000 Rials, resulting in a net foreign investment decrease of 703,000 Omani Rials, or 2.49% of the total trading value. Whatsapp Telegram Email Print

Iranian Rial loses over 10% against Euro, Dollar
Iranian Rial loses over 10% against Euro, Dollar

Shafaq News

time16-06-2025

  • Business
  • Shafaq News

Iranian Rial loses over 10% against Euro, Dollar

Shafaq News/ Iran's Rial weakened sharply amid heightened tensions following the outbreak of conflict with Israel, according to unofficial exchange offices on Monday. Dealers and money exchangers in Tehran reported the currency lost roughly 12% of its value against the euro and 13.6% versus the US dollar. Already strained by years of international sanctions, the Rial now faces further pressure from regional unrest and mounting uncertainty surrounding the prospects for a renewed nuclear deal. As a result, the black market price for one euro has climbed beyond one million Rials.

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