VOL. XLII

No 50

13-December-1999

OMAN

Developments In MSM Will Improve Efficiency

The Muscat Securities Market (MSM) has not experienced theanticipated revival in 1999 that was predicted earlier this year. Trading hascontinued to center around the 40-50 most liquid stocks listed on the MSMIndex, and in the first week of December it was hovering around the 250 mark.On 6 December the MSM Index closed at 248.19, and trading volumes hit a new lowfor the year with only OR150,000 ($389,610) changing...