Oil, stocks extend gains

MUSCAT: The price of Oman oil (December delivery) on Thursday rose by 46 cents to $54.55 per barrel, the Dubai Mercantile Exchange (DME) reported. The average price of Oman oil (October delivery) was stabilised at $50.39 per barrel, $2.76 higher than the September delivery. The Muscat Securities Market (MSM) general index 30 too on Thursday added 5.8 points closing at 5,213.49 points compared to the last session which stood at 5,207.73 points. The trading value stood at RO 30,902,662 comprising a rise of 973.6 per cent compared to the last session which stood at RO 2,878,346. The market value rose by 0.075 per cent to reach about RO 17.99 billion. — ONA