Muscat Securities Market
Stock exchange located in Muscat, Oman / From Wikipedia, the free encyclopedia
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The Muscat Securities Market (MSM, Arabic: سوق مسقط للأوراق المالية) is the only stock exchange in Oman.[2] It was established by the Royal Decree (53/88) issued on 21 June 1988, to regulate and control the Omani securities market and to participate, effectively, with other organisations for setting up the infrastructure of the Sultanate's financial sector.
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Quick Facts Type, Location ...
Type | Stock Exchange |
---|---|
Location | Muscat, Oman, Sultanate of Oman |
Founded | 2021 |
Key people | Ahmed S. Al Marhoon Director General |
Currency | OMR Omani Riyal |
No. of listings | 111 companies (2017) |
Market cap | US$46,586.53 million(2017)[1] |
Volume | 4,275.59 million Securities Traded (includes shares, bonds, and sukuks) / US$2,576.45 million volume (2017)[1] |
Indices | MSM 30 |
Website | msx.om |
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After ten years of continuous growth, there was a need for a better functioning of the market. Thus MSM has been restructured by two Royal Decrees (80/98) and (82/98).[citation needed]