What is the MSM-30?
A stock market index that tracks the performance of the 30 most liquid companies listed on the Muscat Securities Market.
Where have you heard about the MSM-30?
The MSM-30 is the benchmark stock index for Oman. As a large proportion of Oman’s revenues come from oil, significant changes in oil prices are often mirrored in the index.
What you need to know about the MSM-30.
The Muscat Securities Market (MSM) was established in 1988 to regulate and control the Omani securities market. The MSM-30 was established in 1992 to represent the price movement of listed shares on the MSM and as a benchmark for investors. It contains three sub-indices representing different sectors: Banking and Investment, Industry and Services and Insurance.
The MSM-30 index peaked at 7,548 points in September 2014, after which it experienced a sharp drop. It continued to fall to a low point in January 2016, reflecting the global drop in oil prices.
The MSM-30 is a capitalization-weighted index, which means the index is weighted towards larger companies with a greater market value.