No. 25



MSM Posts Gains, But Acting Head Says Too Early To DefineTrend

The Muscat Securities Market (MSM) posted marked gainsacross the entire index during the third week of June with an increase of 2.5%and the sharpest rise coming on 15 June when the market climbed 1.58%. But theacting Director General of the MSM, Mr. Sulaiman al-Rashidi, told MEESlast week that it was too early to define the upturn as a trend. "We knowthat investors are interested in the market, but...