Muscat Stock Exchange added to Fitch Russell watchlist bringing 175m OMR investment

Muscat Stock Exchange has been added to the monitoring list of the "FTSE Russell" organization, which enhances the prospects of foreign investment inflows into the Omani stock market, estimated to reach up to 175 million Omani riyals. This follows expectations that it will soon be included in emerging market indices. Experts believe that this classification will help global investors familiarize themselves with the Muscat market and trading procedures, opening the door for an increase in investors, boosting liquidity, and providing additional financial instruments. This is expected to lead to an increase in daily trading value and the development of the market environment to attract more capital, while also emphasizing the importance of effectively managing the risks associated with foreign inflows.