Liquidity
Provider Assigned for Bank Muscat Shares on MSX

Muscat,
6 Jul (ONA) — 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.

—Ends/AG