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Liquidity provider for Bank Muscat shares on MSX appointment

Liquidity provider for Bank Muscat shares on MSX appointment

Times of Oman06-07-2025
Muscat: In a strategic move aimed at enhancing market efficiency and deepening liquidity, Muscat Stock Exchange (MSX) marked the official commencement of Ubhar Capital's role as the liquidity provider for Bank Muscat shares through a bell-ringing ceremony.
This appointment follows the completion of all regulatory approvals from the competent authorities.
This initiative aims to improve stock liquidity, narrow the bid-ask spread, increase daily trading volumes, and enhance price stability — all of which contribute to greater investor confidence and stronger share appeal.
Commenting on the occasion, Sheikh Abdulaziz Al Saadi, Chief Executive Officer of Ubhar Capital, stated: 'Our goal is to stimulate trading activity and enhance the balance between supply and demand for the stock. Liquidity provision has proven to be a vital tool in reinforcing investor trust, improving price discovery mechanisms, and supporting stock value — all of which reflect the issuer's commitment to its shareholders.'
For its part, Muscat Stock Exchange reaffirmed its commitment to fostering an attractive and stable investment environment by adopting advanced financial tools such as market making and liquidity provision. These services directly contribute to improving market efficiency and enriching the investor experience. This initiative aligns with MSX's broader strategy to expand the investor base, enhance competitiveness and transparency, and support the national objectives outlined in Oman Vision 2040.
Muscat Stock Exchange encourages all listed companies to explore the benefits of liquidity provision services as a means to boost stock liquidity and elevate trading performance in the local capital market.
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