MUSCAT: Shares of Al Ahlia Insurance Company were listed on Thursday at the Muscat Securities Market (MSM) at a ceremony held in the presence of Shaikh Abdullah bin Salim al Salmi, CEO of Capital Market Authority (CMA),
Anwar bin Ali bin Sultan, Board Chairman of Al Ahlia Insurance Company, and Shaikh Saqr bin Mohammed al Khalili, Director-General of MSM for Operations and Trading Control, were also present on the occasion.
The stock closed at the end of trading at 318 baisas, 6 per cent higher than the subscription price.
It is worth mentioning that the value of the first transaction of Al Ahlia Insurance Company’s shares reached 306 baisas, with the highest trading value at 330 baisas.
The company’s shares were the most heavily traded stocks by volume and value after trading more than 14,635,530 shares valued at more than RO 4,666 million.
The company’s shares were listed on the parallel market with a capital of RO 10 million divided into 100 million shares. — ONA
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