Oman’s benchmark MSM30 Index gained 0.6 percent, the most since March 13, to 5,957.76 at the 1 p.m. close in Muscat, taking this week’s gain to 0.1 percent. Dubai’s DFM General Index rose 0.3 percent.
The following shares were active in the Persian Gulf region. Stock symbols are in parentheses.
Oman International Bank SAOG (OIBB OM) surged the most since October, rising 3.7 percent to 0.282 rial. Oman’s central bank will discuss the possible merger between Oman International Bank and HSBC Holdings Plc’s unit in the country on March 25, the regulator said in an e-mailed statement.
Waha Capital PJSC (WAHA UH) advanced 7.5 percent, the most since July 2010, to 72 fils. The Abu Dhabi-based investment and leasing company said its board recommended a dividend of 5 fils.