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What
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News
Despite mixed sentiment in the regional markets, MSM index continued its climb for the second consecutive session. At the end of the session, MSM 30 benchmark index closed with a gain of 0.16% at 6509.42 points.
Tuesday, February 09, 2010
Despite mixed sentiment in the regional markets, MSM index continued its climb for the second consecutive session. At the end of the session, MSM 30 benchmark index closed with a gain of 0.16% at 6509.42 points. At the close of today’s trading session, Galfar Engineering was the most active in terms of volume while Bank Muscat was the most active in terms of turnover. In the banking sector, Bank Muscat, Bank Dhofar and National Bank of Oman witnessed decline while Ahli Bank witnessed gains. Shares of Galfar Engineering, Renaissance Services and Insurance stocks also advanced in their prices.
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Banking and Investment Index was the only sector loser and was down by 0.14% before closing at 9345.17 points
Tuesday, February 09, 2010
Banking and Investment Index was the only sector loser and was down by 0.14% before closing at 9345.17 points. Al Omaniya Financial Services, OIFC, Global Investment, Gulf Investment Services and ONIC Holding increased by 4.00%, 1.39%, 1.01% , 0.91% and 0.72% respectively
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The Industrial Sector Index advanced by 0.55% to close at 7314.90 points
Tuesday, February 09, 2010
The Industrial Sector Index advanced by 0.55% to close at 7314.90 points. Oman Packaging, Jazeera Steel Product, National Aluminium, Al Anwar Ceramic and Al Hassan Engineering increased by 8.60%, 2.85%, 1.89%, 1.47% and 0.96% respectively
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Services & Insurance Sector Index continued to be the key performer and was up by 0.97% to close at 2606.25 points.
Tuesday, February 09, 2010
Services & Insurance Sector Index continued to be the key performer and was up by 0.97% to close at 2606.25 points. Galfar Engineering, Al Jazeira Services, Dhofar Insurance, Oman United Insurance and Renaissance Services were up by 4.12%, 3.14%, 2.59%, 1.56% and 1.53% respectively.
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Archive
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News
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News
Oman Electricity Transmission Co plans to spend RO 200million
Tuesday, February 09, 2010
Oman Electricity Transmission Co plans to spend RO 200million on projects in the next three years. The company’s general manager said in a statement posted on the Ministry of Economy’s website on Tuesday that it spent RO 50 million last year.
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Omani Packaging Board has recommended 20% cash dividend
Tuesday, February 09, 2010
Omani Packaging Board has recommended 20% cash dividend for FY 2009
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Non-performing loans in the United Arab Emirates probably will increase to about 6.4 percent of all credit
Tuesday, February 09, 2010
Non-performing loans in the United Arab Emirates probably will increase to about 6.4 percent of all credit, from 4.4 percent in 2009,
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Qatar Islamic Bank has reported QR1.32bn in net profits for 2009
Tuesday, February 09, 2010
Qatar Islamic Bank has reported QR1.32bn in net profits for 2009 and will recommend 60 percent cash dividend for the shareholders.
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Al Hassan Engineering reported better than expected net profit of RO 2.67 million in FY2009
Monday, February 08, 2010
Al Hassan Engineering reported better than expected net profit of RO 2.67 million in FY2009 as against RO 2.02 million in FY2008
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