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Ubhar Capital appointed mandated liquidity provider for Bank Muscat shares

Dignitaries at the bell-ringing ceremony signifying the formal start of Ubhar Capital’s role as liquidity provider for Bank Muscat shares.
 
Dignitaries at the bell-ringing ceremony signifying the formal start of Ubhar Capital’s role as liquidity provider for Bank Muscat shares.
MUSCAT: Ubhar Capital, the first company licensed by the Muscat Stock Exchange (MSX) to function as a market maker and liquidity provider on the Omani bourse, commenced its role on Sunday, July 6, 2025, as the liquidity provider for Bank Muscat shares.

The formal launch was commemorated with the ceremonial ringing of the bell, signifying the start of trading under this arrangement following the finalization of all relevant regulatory approvals.

Ubhar Capital’s role as mandated liquidity provider is in line with MSX’s ongoing efforts to enhance market efficiency and support stock liquidity. The Omani company has over thirty strategic relationships within the region, having also established business relations in over twenty international markets.

Shaikh Abdulaziz al Saadi, Chief Executive Officer at Ubhar Capital, stated, 'We are honoured to be selected as liquidity provider for Bank Muscat shares. Our goal is to promote trading volume and enhance market depth by optimising the balance of supply and demand. Liquidity provision has played a significant role in strengthening investor confidence, price discovery, and share value support — all of which exemplify the issuer's dedication to its stakeholders.”

As of Sunday, July 6, 2025, Ubhar Capital began offering liquidity provision services for Bank Muscat shares, fully adhering to regulatory frameworks and accredited standards. The initiative is geared towards increasing market liquidity, reducing the bid-ask spread, increasing daily volumes, and smoothing prices — core drivers in increasing investor confidence and the stock's attractiveness.

The MSX reemphasised its strategy for encouraging a healthy and stable investment environment by introducing new financial instruments such as market making and liquidity provision. These mechanisms are important to support market performance and upgrade investors to a more sophisticated level. This action is also in line with MSX's broader strategy to expand the investor base, boost competitiveness and transparency, and assist long-term economic ambitions of Oman Vision 2040.

The MSX has urged all listed companies to explore the implementation of liquidity provision services as a strategic tool to enhance stock performance and spur capital market growth in the Sultanate.