No. 08



MSM Posts Disappointing Performance Led By Flagging Bank Stocks

The Muscat Securities Market (MSM) has registered a somewhat disappointing performance in the opening weeks of 2000. Although the general MSM Index remained stable in January, the first two weeks of February witnessed a substantial downturn in most of the liquid shares on the index, led mainly by a fall in banking shares. Sources in Oman told MEES that there has been a notable souring of...