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Local buying rises on Muscat Stock Exchange as trading jumps 33%
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Local buying rises on Muscat Stock Exchange as trading jumps 33%
MUSCAT : Total trading value rose to approximately RO 182.7 million, up 33 percent from RO 137 million in the previous week. Local purchases accounted for 84.7 percent of the total trading value, while local sales represented 74.7 percent. The increase in buying came amid positive expectations for the coming period, particularly after several listed companies reported higher net profits for the first half of the year. Despite stronger local dema…
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