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IPO news lift Omani banking shares
- Oman: Wednesday, September 12 - 2012 at 16:05
The MSM-30 Index in Muscat added 0.20% to reach 5,563.18 Wednesday. Oman's largest lender Bank Muscat was the most liquid share and gained 0.73% to close at OE0.533. On Tuesday, the bank said it has widened feedback channels for its customers in order to increase the level of service. In addition, news that the Sultanate's second Islamic financial institution Izz islamic bank will launch an IPO on September 22, according to the Oman Dialy Observer, raised the sentiment in the southern GCC state.
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Gérard Al-Fil, Financial JournalistWednesday, September 12 - 2012 at 16:05 UAE local time (GMT+4)
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