Category: Business

Muscat Stock Exchange Index Closes Down

Muscat Stock Exchange (MSX) 30 Index closed Monday at 4,730.90 points, down 14.7 points or 0.31 percent, compared to the last trading session which reached 4,745.56 points.

The trading value amounted to OMR 1,497,482, a decrease of 53.7 percent, comp…

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Oil Prices Inch Up on Fed Rate Cut Outlook

Oil prices edged up in early trade on Monday amid expectations of a US interest rate cut this week, though gains were capped by US supply resumptions following Hurricane Francine and weaker China data.

Brent crude futures for November were up 15 cent…

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Dollar Falls, Yen Rises amid US Rate Cut Expectations

The dollar index fell 0.15% to 100.87 on Monday, while the yen reached its highest levels in more than a year in limited trading, amidst expectations of a rate cut decision by the US Federal Reserve this week.

The dollar was down 0.47% at 140.15 yen,…

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