Bahrain Bourse up 0.85% in week

Mubasher: The main index of the Bahrain Bourse gained 0.85% or 10.12 points and closed the week at the level of 1,198.82 points.

The benchmark index rose on the back of 5 sectors, as the investment added 2.15% on the back of Al Baraka Banking, and Bahrain Commercial Facilities which went up by 5.68% and 3.88% respectively.

The services sector grew 1.38% as Bahrain Duty Free Shop increased by 5.33%.

Similarly, hotels and tourism rose by 0.52% on the back of Gulf Hotels Oman which gained 0.79%.

The banks sector added 0.13% as Ithmaar Bank shed grew 4%.

Meanwhile, total traded volumes increased to 5.71 million shares compared to 6.52 million shares last week, while turnover registered BHD 1.75 million compared to BHD 1.09 million.

Banks dominated 78.67% of total traded values with around BHD 846,000, followed by the services sector which 12.33% BHD 132,590.

As for the stocks performance, Ahli United Bank had the biggest share of total traded values this week with 62.84% followed by Baraka Banking Group with 5.38%.

Mubasher Contribution Time: 22-Dec-2016 20:42 (GMT)
Mubasher Last Update Time: 22-Dec-2016 20:42 (GMT)