Page 5 - Raysut Cement News Today

MSX index ends marginally lower By: United Securities Muscat: The MSX index closed at 4,044.79 points, down 0.05 per cent from the previous close. The Sharia Index ended down 0.24 per cent at 589.66 points. Oman Oil Marketing, up 9.66 per cent, was the top gainer while Salalah Mills, down 7.81 per cent, was the top loser. Shares of Madina Takaful were the most active in terms of the number of shares traded while National Aluminum Product was the most active in terms of turnover. A total numbe...

The MSX index closed at 4,029.88 points, up 0.25 per cent from previous close. The Sharia Index ended down 0.10 per cent at 567.36 points.

MSX index ends marginally higher By: United Securities Muscat: The MSX index closed at 3,965.50 points, up 0.84 per cent from the previous close. The Sharia Index ended up 0.12 per cent at 565.37 points. Oman Cables Industry, up 7.39 per cent, was the top gainer while Al Hassan Engineering, down 16.67 per cent, was the top loser. Shares of United Finance were the most active in terms of the number of shares traded while Bank Muscat was the most active in terms of turnover. A total number of 1,...

MSX index ends marginally higher

Omans share index ends marginally lower By: United Securities Muscat: The MSX index closed at 3,840.14 points, down 0.05 per cent from the previous close. The Sharia Index ended up 0.72 per cent at 550.50 points. Madina Takaful, up 5.43 per cent, was the top gainer while Voltamp Energy, down 6.45 per cent, was the top loser. The shares of Madina Takaful were the most active in terms of the number of shares traded as well as terms of turnover. A total number of 1,131 trades were executed during ...

Raysut Cement received two quality norms conforming to EU standards By: Times News Service Muscat: In a significant endorsement that will support exports to European Union (EU) markets, Oman’s largest cement manufacturer, Raysut Cement Company (RCC), has received CE and NF certifications, two stringent global quality norms validating RCC’s adherence to EU standards in cement production. The Muscat Stock Market (MSM)-listed RCC said the certifications come at a time when it is expanding expo...

Raysut Cement expands marketing reach Published: 9:46 PM, May 15, 2021 17-Raysut-Cement-expands-marketing-reach SHARE MUSCAT, MAY 15 - New marketing arms set up by Raysut Cement Company (RCC), the Sultanate’s biggest cement-manufacturer, have expanded the geographical reach of the group beyond the Middle East into parts of East Africa and the Indian Ocean, the publicly traded company announced last week. RCC Trading DMCC has added Zanzibar, Comoros and...

News Competition Authority of Kenya acknowledges Zou Fengqi’s acquisition of 60% stake in Raysut Cement’s East African business Competition Authority of Kenya acknowledges Zou Fengqi’s acquisition of 60% stake in Raysut Cement’s East African business Written by Global Cement staff 12 May 2021 Kenya: The Competition Authority of Kenya has granted China-based Zou Fengqi and Oman-based Raysut Cement exemption from regulatory approval...

Regulator clears Oman’s cement firm 60pc stake sale Wednesday May 12 2021 By PATRICK ALUSHULA Summary Oman’s Raysut Cement, which has market presence in Tanzania, Somalia and Sudan and had been eyeing to acquire ARM Cement, wants to sell 60 percent stake to a Chinese firm, Zou Fengqi. The Competition Authority of Kenya (CAK) has exempted the two from filing a notification before it, saying the transaction meets the threshold under the Competition (General) Rules, 2019. Firms trading regiona...

MSX index ends marginally higher By: United Securities Muscat: The MSX index closed at 3,816.99 points, up 0.20 per cent from the previous close. The Sharia Index ended up 0.40 per cent at 541.66 points. National Aluminum Product, up 8.40 per cent, was the top gainer while Dhofar Cattle Feed, down 5.10 per cent, was the top loser. Shares of United Finance were the most active in terms of the number of shares traded while Jazeera Steel Product was most active in terms of turnover. A total number...