MUSCAT As part of its efforts to keep pace with IT development being witnessed by global stock markets, the Muscat Securities Market (MSM) launched the financial performance programme for listed companies on Tuesday.

Deputy Director General of MSM for Management and IT Ahmed Bin Mohammed Muqaibel said that the financial performance programme for listed companies is a developed programme that provides financial information as well as analysis for listed companies online.

The programme includes updated and historical analysis for all listed companies in terms of liquidity, operation, profitability, performance and share valuation.

It includes analytical information for companies and sectors in terms of market share for each company, the market share from the total assets, equity and net profit.

According to Muqaibel, the programme provides the financial percentage of companies and sectors in terms of liquidity, operation, performance, profitability, valuation of the share, yield per share, book value, cash dividend, the current and historical growth rates and comparison in terms of profitability, assets and equity.

The programme includes growth rates for sectors and the gross market.

Through the programme, investors can compare growth rates with the sector, the market, the history of financial data of the company in addition to filtering shares according to certain criteria.

In its bid to enhance financial and accounting disclosures, which in turn contribute to improving transparency and encourage investments, the MSM launched the programme. The programme ensures compliance with disclosure and corporate governance requirements.