Small is often beautiful. But in the case of the Muscat securities market in Oman, its performance this year has been flat and turnover, as elsewhere, has been low.
The absence of direction is partially a response to a solid performance last year, when the MSM gained 17 per cent.
Mohammed Murtadha, of Vision Investment Services in Muscat, says that average daily turnover this year has been only OR2.5m ($6.5m) compared with OR14m last year. In the summer months turnover has barely hit OR2m.
No comments:
Post a Comment