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B) in Omani financial market, the MSM30 Index sample amendment takes place on beginning of July of each year. The sample is selected based on

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B) in Omani financial market, the MSM30 Index sample amendment takes place on beginning of July of each year. The sample is selected based on applicable selection criteria. Justify for each of the below ziven companies' stock if it should be included or excluded from the sample of MSM30 index: Stock of Orpic Company which issued one financial year, Share of Al-Maha Company showing a strategic holding of 12%, Stock of Vale Company which was neither sold nor bought for last month. (2 Marks) (2 Marks) (2 Marks)

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