Download Capital Market in Oman

Capital Market in Oman
Beginning and Development
Indicators
Population: 3.9 Million.
 45% Expatriates.
 GDP: $ 80 Billion.
 GDP Per Capita : $ 22,000
 Total Revenue : $ 37 Billion.

Capital Market in Oman
Late 1970’s
 Government activate Primary Market for Equity.
1989
 Secondary Market launched when Muscat Securities
Market started its operations.
 Combined all functions.
 48 listed companies, $1 billion Market Cap.
 6 Brokerage companies.
 17,000 investors.
 Manual trading, clearing & settlement, depository.
Capital Market in Oman
1992-1997
 1992 Index calculation.
 1993 Depository system.
 1997 CSD system changed.
1998-2002
 1998 move from manual to electronic trading.
 1998 segregation of roles.
– Capital Market Authority.
– Muscat Securities Market.
– Muscat Clearing & Depository Co.

2002 Information Center.
 2002 Code of Corporate Governance.
Muscat Securities Market
2003-2007
 2003 electronic cash settlement.
 2003 Settlement Guarantee Fund.
 2003 Remote trading.
 2006 Move to new trading & surveillance platform from Atos.
 2006 RTGS with Central Bank of Oman (CBO) .
 2007 Internet Trading.
2011
 Quality management system (ISO9001/2008).

Information security management system (BSI ISO/27001).
Muscat Securities Market
2012-2013

2012 Upgrade the trading platform.
 2012 First Sharia compliant companies.
 2013 Launch of MSM Sharia Index.
 2013 First Sukuk $130 Million.
Muscat Securities Market
Market Summary
 $36 billion Market Cap.
 21 Brokerage cos.
 389,000 Investors.
 21% Foreigners Ownership.
 Total 314 listed securities.
 Public Joint Stocks 118.
 Closed Joined Stocks 175.
 Funds 2.
 Government Bonds 8.
 Corporate Bonds 10.
 Sukuk 1.
Muscat Securities Market
Future





Improve market depth.
Upgrade electronic trading platform.
Continue to enhance rules & regulations.
Continue to Improve capabilities of personal working in the
field of securities.
Continue to enhance disclosure.
Muscat Securities Market
Board of Directors
7 Board Members, 3 appointed, 4 elected.
– Representative of the Capital Market Authority.
– Representative of the Central Bank.
– MSM Director General.
– Representative of the brokerage firms.
– Representative of small investors.
– 2 Representatives from listed companies.
Muscat Securities Market
Member

Arab Federation of Exchanges.
 World Federation of Exchanges (WFE).
 The Federation of Euro-Asian Stock Exchanges (FEAS).
10,000
MSM30 Index
9,035.48
9,000
8,000
6,834.56
7,000
6,000
4,805.80
5,000
5,441.12
4,000
3,000
2,000
1,191.80
1,000
1,520.80
0
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Turnover and Market Capitalization RO.
16,000
14,000
Million R.O.
12,000
10,000
8,000
6,000
4,000
2,000
0
No. of Shares Trades
8,000
7,000
6,000
Million
5,000
4,000
3,000
2,000
1,000
0
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
2013
No. of Trades
1,200,000
1,000,000
Trades
800,000
600,000
400,000
200,000
0
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
2013
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