The Muscat Securities Market (MSM) will reconstitute the basket of stocks in the main general index named ‘MSM-30’ by replacing relatively less active or less liquid shares with
active stocks.
The market authorities are presently working on the new sample stocks and the reconstituted index — the barometer of the market movement — will be introduced by next month.
It is generally believed that Nawras, which was listed only last year after its initial public offering, will be included this time for determining the index.
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