Thursday, September 11, 2008
The MSM index was down to another record low for the year to 8210.53, a 5% fall today, and what must be record couple of weeks decline. Bank Muscat was down almost 10% on sales of 2.8mln rials in stock. Ouch.
And to give them credit for a change, Times Of Oman did actually report yesterday's drop. This will give the Government a couple of days over the banking weekend to think about what, if anything, they should do.