VOL. XXXVIII

NO. 37

12-JUNE-1995

InvestmentActivities

OryxAnnounces Loss In First Six Months

TheOryx Joint Investment Account, 49% owned by overseas investors, hasannouncedanetlossofOR123,825 ($322,000) for its first six months of operations to the end of1994. Unit holders funds rose by OR203,301 ($528,582) or 1%. At 31 December 1994the fund was 81% invested in the Muscat securities market, and it is thoughtthat as of the beginning of June and for fear of artificially inflating pricesit was still...