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.
Cosidering bad sentiment prevailing in GCC markets...will it still go down..keeping my fingers crossed....due to technicalities my buy order was not exceuted....i am going to wait and watch, then plunge...
ReplyDelete