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Muscat Securities Market slumps to year low
- Oman: Monday, October 27 - 2008 at 12:38
Oman's Muscat Securities Market (MSM) hit a new low when the MSM 30 Index crashed by 587.9 points (8.290%) to its lowest level in over 12 months. The panic stricken market had no buyers even for blue chip companies and investors fear a crash similar to February 1998 when the index fell by 70%.
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StaffMonday, October 27 - 2008 at 12:38 UAE local time (GMT+4)
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