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Muscat Securities Market (MSM) general index (30) lost 7.1 points, comprising a decline by 0.20 per cent to close at 3,520.74 points, compared to the last session, which stood at 3,527.84 points.
The trading value stood at OMR690,057, comprising a decline of 56.9 per cent, compared to the last session, which stood at OMR1,603.732.
The report released by MSM pointed out that the market value fell by 0.142 per cent to reach about OMR18.39 billion.
The report added that the value of shares bought by non-Omani investors reached OMR120,000, comprising 17.42 per cent. The value of shares sold by non-Omani investors reached OMR81,000, comprising 11.72 per cent. The net non-Omani investment rose by 5.70 per cent to OMR39,000.
Times of Oman
The stock markets in the UAE and GCC were in a tug-of-war state as investors weighed positive news on the economic front and a ‘catastrophic’ overnight explosion in Lebanon that killed at least 100.<
GCC equity markets staged a strong recovery in the latter part of 2Q20, reversing a large part of the prior losses induced by the coronavirus and its associated lockdowns and restrictions. The recove
The MSM 30 Index closed the week up by 0.12 per cent despite lower volume and turnover as compared to the previous week. Shariah index was down by 0.07 per cent. The turnover and volumes were lower t
Oman Daily Observer
Abu Dhabi Securities Exchange (ADX) announced on Tuesday that it has listed $4 billion Fixed Rate Notes issued by MDGH GMTN B.V. and guaranteed by Mamoura Diversified Global Holding (MDGH).
The Gulf Today
Leading UAE banks have come to the bond market, and they are getting a warm response. Sharjah Islamic Bank priced its $500 million 5-year sukuk at LIBOR plus 285 bps, and received more than $3.4 bil