The MSM30 index ended on a flat note to close at 5686.52 points, marginally up by 0.01 per cent. Gulf International Chemicals was the most active in terms of volume while Omantel was the most active in terms of turnover. Gulf International Chemicals
Tilal Development Company, the premier real estate firm that developed the prestigious Muscat Grand Mall, has approached the Sultanate's market watchdog Capital Market Authority (CMA) to raise funds by way of Islamic debt instrument or sukuk, which w
The MSM 30 index closed 0.51 per cent higher on November 1, at 5,689. All the three sector indices closed in the green led by the services sector which gained 0.75 per cent. Market breadth was positive with strength seen in services and investm
The nominal value of Oman Arab Bank's (OAB) shares has been fixed at 100 basias from RO1 earlier. The Muscat Clearing and Depository Company has made changes accordingly.
The profits of 45 Muscat Securities Market (MSM) listed companies stood at RO99 million during the third quarter of 2012 compared to RO90 million during the corresponding period last year, a 10 per cent growth. The data published on MSM website by the
Oman's benchmark underperformed regional indexes yesterday after the country's second biggest telecoms operator reported a 47 per cent decline in third-quarter profit. Net income at Nawras declined to 7.2 million rials in the period ended on Sep
IT is yet another milestone for Muscat Securities Market – its entry into the World Federation of Exchanges (WFE) last week. With this the local bourse has joined the world class of exchanges with the best advanced practices. WFE is a central re
The Capital Market Authority (CMA) has approved the request of Omar Al Zawawi to increase his ownership in HSBC Bank Oman from 18.39 per cent to 25 per cent. The CMA's approval follows a similar clearance from banking regulator Central Bank of Oman
The MSM30 index closed with gains at 5663.49 points, up by 0.45 per cent. Gulf Investment Services was the most active in terms of volume, while Renaissance Services was the most active in terms of turnover. Renaissance Services was the top gainer of
The MSM30 index ended on a negative not to close at 5638.20 points, down by 0.11 per cent. Bank Nizwa was the most active in terms of volume, while Al Maha Petroleum was the most active in terms of turnover. Port Service Corporation was the top gainer