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HSBC Oman stock grows 1.96% on selling Visa Inc stake

HSBC Oman stock grows 1.96% on selling Visa Inc stake
Photo credit: Arabianeye - Reuters
HSBC Oman
HBMO
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Mubasher: HSBC Bank Oman rose 1.96% to 0.105 per share after an announcement on Sunday that it sold its stake in Visa Inc. in a deal worth OMR 3.6 million on Sunday.

The Muscat-listed bank made a trading volume of 385,020 trades shares valued at OMR 40,000 through 18 trades.

HSBC Oman, earlier today, announced that it completed the sale of its shares in Visa Inc., in light of the bank’s policy to sell investments that don’t are not part of its main banking activities.