what is the importance of MSM 30 watch?
Homework Answers
MSM 30 is the index of Muscat Security Market. The number of companies included in Index is 30 and this is the only Index in Oman. In MSM 30 only freely traded share has been included.
Importance of MSM 30 Watch
- It Gives a representative picture of market movements.
- It is an indicator of economic movements
- Providing Efficient market to investors
- It reflects the overall price movement of share listed in Oman
- A 10% capping has been set to ensure representation of small cap in the index to ensure consideration of small companies in index creation
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