MSM Amends Free Shares and Calculation Indicator for MSM 30 Index

Muscat—- Muscat Securities Market (MSM) started applying the new weights for MSM30 index and sector indices sample, which has been revised.

The step comes within the MSM’s Operations Department’s semi annual revision for the free shares factor and the calculation factor for MSM30 and sectoral indices

MSM30 index includes Bank Muscat, Oman Telecommunications Company, Bank Sohar, Bank Dhofar, Ooredoo, Ominvest, Ahlibank, Bank Nizwa, National Bank of Oman, HSBC Oman, Raysut Cement, Phoenix Power, Oman Cement, Sembcorp Salalah, Oman Cables and United Insurance companies.

It also includes Al Anwar Ceramics, Izz Islamic Bank, Al Anwar Holding, Al Jazeera Iron Products, Oman Investments, Oman Fish , Al Madina Takaful, Galfar Engineering & Contracting , Al Madina Investment, Oman and U.A.E Holding, Al Sharqiyah Investment, Al Jazeera Services, Gulf Investments and Gulf Chemicals companies.

Source: Oman News Agency