25 March 2012
Oman Arab Bank's (OAB) Al Arabi Oman 20 index has had six companies move into and out of the index, according to its first annual update for 2012.
Oman Arab Bank's (OAB) Al Arabi Oman 20 index has had six companies move into and out of the index, according to its first annual update for 2012.
Omani Qatari Telecommunications Company (Nawras), Gulf Investment Services and Oman National Investment Corporation Holding have all joined the index, while Oman Cables Industry, Sohar Power and Dhofar International Development and Investment have been excluded.
The Al Arabi Oman 20 index is the first and only index in the sultanate to reflect stock performances based on profitability and liquidity in addition to other key Muscat Securities Market (MSM) indicators.
© Muscat Daily 2012
