The Muscat Stock Exchange (MSX) experienced a mixed trading week ending June 13, 2026, as gains in the financial sector contrasted with broader market declines. The financial sector index extended its winning streak to three consecutive weeks, rising by 98 points to close at 13,034, boosted by investor interest in banking, insurance, and investment stocks.

Several key financial shares contributed to the sector’s advance, including Bank International, Oman Arab Bank, ahlibank, Bank Nizwa, Al Sharqiyah Investment Holding, Ominvest, Al Madina Takaful, and United Finance. Oman Arab Bank notably rose 6.7% to 238 baisas, Al Sharqiyah Investment climbed 3.9%, and ahlibank increased by 3%.

Despite the financial sector’s performance, the overall market showed weakness. The benchmark MSX index slipped by 23 points, finishing at 7,634, while the industrial and services indices declined by 83 and 37 points respectively. The Sharia Index also edged down one point to 611. Market capitalization decreased by 86 million Omani rials (RO) to RO 36.66 billion as the number of declining stocks significantly outpaced gainers. Among 90 tracked securities, 55 closed lower, 21 higher, and 14 remained unchanged.

Trading activity showed significant growth during the week. The total value of traded shares jumped 9.3% to RO 191.4 million, compared to approximately RO 175 million the previous week. The number of executed trades surged by 65% to nearly 41,700 transactions. Activity focused largely on major company shares such as OQ Base Industries, OQ Gas Networks, Bank International, Asyad Shipping, and Bank Muscat.

Bank Muscat led all stocks by trading value, with RO 46 million in shares changing hands, representing 24% of the total turnover. It was followed by Bank International at RO 33.7 million, OQ Base Industries at RO 32.5 million, OQ Exploration and Production at RO 18.1 million, and OQ Gas Networks at RO 17.5 million.

Among other notable gains, Al Maha Ceramics rose 4.7% to 263 baisas, while OQ Exploration and Production increased 2.8% to close at 470 baisas. However, some stocks recorded sharp declines; Salalah Port Services tumbled nearly 19% to 462 baisas, Salalah Mills dropped 16.5% to 560 baisas, and Al Hassan Engineering, which is currently undergoing liquidation, fell 12.5% to 7 baisas.

The week’s trading illustrates a strong investor preference for financial shares despite wider sectoral weaknesses, amid an overall mixed market environment on the Muscat Stock Exchange.