The MSM30 Index ended on a negative note to close at 6493.46 points, down by 0.25 per cent. Gulf Investment Services was the most active in terms of volume as well as turnover. DBIH was the top gainer for the day to close up by 5.26 per cent while AC
Selling pressure across all counters led the MSM index to end down by 1.13 per cent on weak regional cues and closed at 6484.23 points. Gulf Investment Services was the most active in terms of volume as well as turnover. Dhofar Insurance was the top
Omani insurer Al Madina Insurance Company is planning to float an initial public offering (IPO) in the fourth quarter of this year in an attempt to change its status to a Shari’ah-compliant Takaful firm. The draft Omani Takaful regulation require
The Muscat Securities Market (MSM) has achieved a marked growth in turnover, with the local bourse crossing the entire 2012 turnover of OMR1.067 billion within the first five-and-a-half months in 2013. In other words, it took only 118 trading se
Sembcorp Salalah Power and Water Company, which owns and operates the $1 billion Salalah independent water and power project (IWPP), is planning to float an initial public offering in September-October period this year. The promoters of Salalah IWPP
Muscat Securities Market (MSM) "30" index closed at the end of May 2013 at 6417.83 points, increasing 290.67 points and constituting a 4.74 per cent rise. The monthly report issued by MSM pointed out that the market value for companies enlisted at MS
As many as three companies — Al Maha Ceramics, Sembcorp Salalah Power and Oman Arab Bank — are planning to come out with initial public offerings before the end of this year. The first company to come out with the initial public offering is Al Maha
The MSM30 Index continued its rally for the second consecutive day, closing at 6453.02 points, up by 0.45 per cent. Gulf Investment Services was the most active in terms of volume as well as turnover. DBIH was the top gainer and closed up 8.70 per c
The MSM30 Index ended on a positive note to close at 6423.91 points, up by 0.23 per cent. Global Financial Investment was the most active in terms of volume, while Gulf Investment Services was the most active in terms of turnover. Al Sharqiyah
The Muscat Securities Market (MSM) will launch a separate index for Sharia-complaint companies called MSM Sharia Index on July 1, 2013. The index will have 31 companies, which follow Sharia principles that are approved by the Accounting and Audit