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Oman’s capital market size grows to RO 20.24 bn in pandemic-hit 2020 Published: 7:46 PM, Jun 09, 2021
17 CMA 2020
CONRAD PRABHU
@conradprabhu
Oman’s capital market grew a significant 7.86 per cent in volume to reach a value of RO 20.24 billion at the end of 2020, up from RO 18.77 billion a year earlier – an increase that attested to heightened trading activity and investment interest notwithstanding disruptions unleashed by the pandemic and the wider economic downturn.
The Capital Market Authority (CMA) ascribed the market’s positive performance partly to the array of measures adopted by the regulator, in conjunction with other government stakeholder institutions, to help mitigate pandemic-related impacts to trading operations.