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Trading Value on Muscat Stock Exchange Tumbled 27% Week-on-Week

Muscat: Trading value on the Muscat Stock Exchange (MSX) last week stood at OMR 139.3 million, compared with OMR 191.4 million in the previous week, down 27%, and executed transactions fell by 24.4%, from 41,000 trades to 31,514 trades.

According to…

Gold Rises About 1.5%

Doha: Gold rose more than one percent Thursday, recovering from losses incurred in the previous session. Spot gold climbed 1.5% to $4,322.41 per ounce, after falling 1.7% in yesterday’s session, while US gold futures for August delivery rose 0.9% to $…

Dollar Holds Two-Month High on Rate Hike Bets

Doha: The US dollar clung to a more than two-month high on Thursday as markets reinforced expectations that the Federal Reserve will raise interest rates this year, weakening the Japanese yen and pushing it toward intervention territory. The euro last…