Latest Muscat Securities Market News



Muscat Daily

Oman Cables H1 net profit falls 39%
Muscat Daily
Oman Cables Industry said in a filing to the Muscat Securities Market. Parent company's net profit fell to RO5.9mn in the first half of 2017 compared to RO9.8mn in the same period a year ago. 'The results for this period were impacted due to ...

07/19/2017 06:20 PM


Vision Insurance Company to make MSM debut on August 23
Muscat Daily
Speaking at an IPO presentation which was attended by investors, analysts and media-persons on Tuesday, P R Ramakrishnan, CEO of Vision Insurance, said the company has evolved into a dominant local insurer with an overall market share of five per cent ...

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07/18/2017 06:39 PM


MSM30 declines 0.19% as volumes fall
Muscat Daily
Market breadth remained positive as 14 companies closed up, while eight companies closed down. The rest ten traded stocks closed flat for the day. Top gainers were Oman Fisheries (6.72 per cent), Al Sharqiya Investment Holding (4.76 per cent), Al ...

07/18/2017 06:24 PM


Times of Oman

Bank Muscat to advise Muscat City Desalination on IPO
Times of Oman
Bank Muscat is also the financial adviser and issue manager for Al Ahlia Insurance. Al Ahlia Insurance had floated its OMR7.5 million IPO on July 4 at an offer price of 300 baisas per share. In the IPO, 65 per cent of the offered shares have been ...

07/18/2017 02:34 PM


Muscat Daily

Omantel's net profit falls 39% to RO41mn
Muscat Daily
The company posted a net profit of RO40.8mn for the first half of this year compared to RO66.8mn in the corresponding period of 2016, according to Omantel's initial results announced at the Muscat Securities Market. Omantel said the fall in its net ...

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07/16/2017 07:11 PM


Oman Tribune

Results take toll on MSM
Oman Tribune
The announcement of half-year earnings mowed down the Muscat Securities Market with the index shedding 57.62 points on Sunday to close at 5,063.76 points, a 1.13 per cent fall. Index heavyweights comprising mainly banking and telecom stocks took a ...
MSM30 falls 1.13% on weak earnings seasonMuscat Daily

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07/16/2017 05:13 PM