Muscat Stock Exchange Index Drops 52 Points Amid Declines in Leading Stocks ...Yemen

Economy by : (SABA NET) -
The Muscat Stock Exchange's main index fell 52 points last week, impacted by declines in several leading stocks amid selling pressure following the start of the initial public offering (IPO) of Oman India Fertilizer Company (OMIFCO). OMIFCO is offering 25% of its capital, equivalent to 1.6723 billion shares, at a price of 156 baisa per share for individual investors and between 146 and 156 baisa per share for institutions.

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