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Article: OMANI STOCK MARKET INCREASES NUMBER OF LISTED COMPANIES.
- Article from:
- AsiaPulse News
- Article date:
- May 7, 2001
CopyrightCOPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MUSCAT, May 7 Asia Pulse - In an effort to keep up with rapidly changing international stock market conditions as well as to speed up market reform processes, the Muscat Securities Market (MSM) has restructured the market index by increasing the number of companies to 34 from 31.
Nearly 13 names have been dropped from the index and 16 have been newly incorporated. An expert panel examined trading volumes and other fundamentals of all listed companies prior to the final outline for the ...