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“Phoenix Energy” Listed its shares in the Muscat Securities Market
Jun 22, 2015
“Phoenix Energy” enlisted it shares on the Muscat Securities Market (MSM) on the 22nd of June 2015. After the first day of trading the share price that was subscribed at 40 Baisas per share reached up to 150 Baisas per share at a rate of more than 36 %.
 
The value of the first deal of the order of the “Phoenix Energy” company shares in the market was 154 Baisas and the highest value per share trading reached upto155 Baisas.
 
The Phoenix Company IPO issue now enlisted in the stock market is one of the most highly traded stocks in terms of volume and value after circulation of more than 128 million 997 thousand shares at a value of more than 19 Million and 306 thousand Omani riyals.
 
And the number of shares traded was 511 million 910 thousand and 511 shares, representing $56 Million and 310 thousand and 156 Omani riyals at the rate of 35% of the capital of the order book of the Phoenix energy company.

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