From The Sip Trunking Experts

TMCNet:  MSM rally continues [Times of Oman]

[May 09, 2013]

MSM rally continues [Times of Oman]

(Times of Oman Via Acquire Media NewsEdge) Muscat: Following global and regional cues, the MSM30 Index ended on a positive note to close at 6226.28 points, up by 0.56 per cent yesterday. Transgulf Holding was the most active in terms of volume as well as turnover. Transgulf Holding remained as the top gainer for the day to close up by 5.59 per cent, while National Securities was the top loser for the day and closed down by 4.35 per cent.

A total number of 2197 trades were executed in yesterday's trading session generating turnover of OMR10.085 million with over 37.89 million shares traded. Out of 51 traded stocks, 14 advanced, 21 declined and 16 remained unchanged.

GCC and Arab switched to net buyers for OMR46,000 while foreign investors switched to net sellers for OMR29,000 followed by Omani investors for OMR17,000 worth of shares. Financial Sector Index was up by 0.51 per cent and closed at 7522.96 points.

Transgulf Holding, ONIC Holding, Al Anwar Holding, Bank Nizwa and National Bank of Oman increased by 5.59 per cent, 3.73 per cent, 1.06 per cent, 0.92 per cent and 0.75 per cent, respectively. National Securities, DBIH, Al Sharqia Investment , Dhofar Insurance and United Finance declined by 4.35 per cent, 3.33 per cent, 1.58 per cent and 1.30 per cent, respectively.

The Industrial Sector Index closed at 9049.30 points, up by 0.63 per cent Raysut Cement, Oman Cement, Galfar Engineering and Oman Cable declined by 3.68 per cent, 2.97 per cent, 0.27 per cent and 0.06 per cent, respectively. Oman Fisheries, Construction Material Industries, Gulf International Chemicals, Al Hassan Engineering, National Aluminium Products and Al Anwar Ceramic Tiles declined by 1.72 per cent, 1.49 per cent, 0.59 per cent, 0.53 per cent, 0.31 per cent and 0.23 per cent, respectively. Services Sector Index was marginally down by 0.08 per cent and closed at 3156.79 points. Sohar Power and Al Maha Marketing increased by 0.79 per cent and 0.25 per cent, respectively. ACWA Power BArka, Nawras, Al Jazeira Services and Oman Telecommunications Company declined by 1.53 per cent, 0.41 per cent, 0.23 per cent and 0.14 per cent, respectively.Arabtec shares jump Arabtec Holding, the company building the Abu Dhabi branch of the Louvre, jumped the most in more than a year. The stock surged 9.9 per cent, the biggest gain since April 2012, to close at Dh2.33 in Dubai, bringing the advance this year to 4 percent. About 81.9 million shares traded, or 6.2 times the three-month daily average, making the company the most-actively traded stock in Dubai's benchmark index.

UAE construction projects are picking up, with Arabtec winning contracts to build the museum, an airport terminal in Abu Dhabi and this week a Dh243 million ($66 million) deal from Emaar Properties. Shares of the developer of the world's tallest tower have gained 46 per cent this year. Goldman Sachs in a note to investors on Tuesday gave a 12-month price estimates for Arabtec of Dh2.57, down from a previous projection of Dh2.91 dirham, while maintaining its neutral recommendation.

Arabtec "has been winning new contracts lately, and the stock got a boost from Goldman Sachs," said Nabil Farhat, a partner at Al Fajer Securities. "A technical rebound is overdue." (c) 2013 Muscat Press and Publishing House SAOC Provided by an company

[ Back To SIP Trunking Home's Homepage ]

Subscribe here for your FREE
SIP TRUNKING enewslettter.

Featured Partner

Featured Whitepapers

SIP Security for the Enterprise
Voice over IP (VoIP) is incorporated into a variety of computer networks, both public and private, and used for everyday transactions and communications among carriers, businesses, government agencies...

Making A Broadband Purchase Decision
Businesses today have many options for broadband connectivity. Clarifying your particular business needs prior to selecting a broadband provider will ensure an optimal match of broadband service to your requirements.

Voice-Optimized Network Delivers Premier Call Experience
Customers equate call quality with business quality. Real-time communication, interpersonal interaction, and the cordial tone of a call center representative can create a positive impression of your business that no email can match.

Featured Case Studies

Business Telecom Expenses Reduced 50%
A small to medium sized company in the midwest was interested in migrating to IP Communications, but in today's economy, they were hesitant to upgrade their communication system due to their perception that the cost would outweigh the benefits.

Multi-State Company Cuts Telecom Costs 50%
A multi-site, multi-state company with extensive monthly long distance fees and toll-free charges did not have adequate broadband for Broadvox SIP Trunking requirements, nor did they have a SIP enabled telephone system.

Discover Leisure Connects Remote Users to its IP-PBX
Discover Leisure is one of the largest resellers of caravans and motor homes in the UK. With 15 branch of?ces all over the country, the company spent a great deal of money every month just on internal phone calls.

Featured eBOOKS

Internet+: The Way Toward Global Unified Communication
Connecting the telephony of the enterprise PBX or Unified Communications (UC) system using SIP trunks instead of conventional telephone lines has been very successful in recent years.

What is SIP Trunking? Edition 2
SIP trunking is becoming more of a focus for service providers. One key issue many service providers face when deploying SIP trunks is NAT, or Network Address Translation, traversal.

What is SIP Trunking? Edition 1
A vast resource for information about all things SIP - including SIP, security, VoIP, SIP trunking and Unified Communications.

Featured Videos

Broadvox VAR Testimonial VAR 1:
Part 1 of the VAR (Value Added Reseller) Partner Program Testimonials for Broadvox...

E-SBCs AS The Demarcation Point:
Ingate's Steve Johnson talks to Erik Linask about the role session border controller plays as the demarcation point at...

Demystifying DPI
How can deep packet inspection protect your SIP traffic as well as your entire network?

Featured Resources

Partner Program Overview:
Over 4,000 VARs, Master Agents, Solution Providers, and Independent IT Professionals trust Broadvox. We offer customized services and solutions to fit seamlessly into any company's business model. And when you partner with Broadvox, every member of our team stands behind you and your customers 100%...

SIP Trunk UC Summit

What's New

Presenting the New Ingate/Intertex Website:
Internet+ is an extended Internet access allowing high quality SIP (Session Initiation Protocol) based real-time person-to-person communication, everywhere and for any application. It applies to both fixed and mobile networks ...

Featured Blogs

Featured Webinars

Secure SIP Trunking:
What You Need to Know

Successfully Deploying Enterprise SIP Trunking:
Tools and Techniques for Overcoming Common Roadblocks

Featured Podcasts

Getting the Most Out of Your SIP Trunks:
Ingate's Steve Johnson and TMC's Erik Linask discuss how best practices forgetting the most out of SIP Trunking services and common pitfalls to avoid.

Featured Datasheets

Ingate SIParator E-SBCs
Adopting SIP is a simple process with the Ingate SIParator, the secure enterprise session border controller (E-SBC). The SIParator makes secure SIP communications - including VoIP,SIP trunking and more - possible while working seamlessly with your existing network firewall.

Ingate Firewalls
Everyone is talking about enterprise usage of VoIP, instant messaging and other types of realtime communications including presence and conferencing.

SIP Trunk Solutions for Service Providers
The award-winning Ingate Firewall and Ingate SIParator deliver a high quality, reliable SIP trunk connection between the customer's IP-PBX and the service provider network, and solve interoperability issues to simplify deployments and support for remote diagnosis of reported issues.