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Muscat market lifted by bargain hunters

The Omani bourse MSM surged 2.11% to reach 5,702.51 points. Since August 21st, the MSM gained almost four percent. Bank Muscat outperformed by advancing 2.37% to reach OR0.692. According to National Bank of Abu Dhabi research, in June, the Omani banking system assets were estimated at $42.5bn, up 7% y-o-y, and up +2.1%.