BHB sees highest weekly losses in 4M

Mubasher: The Bahrain Bourse’s benchmark index recorded its biggest weekly decline in 4 months this week, going down 1.06% or 12.46 points to 1,160.35 points, pushed down by the retreat in the investment, banking and services sectors.

Trading volume amounted to 11.37 million shares exchanged at a total turnover of BHD 1.9 million ($5.03 million) this week, compared to 7.75 million shares traded last week at BHD 2.4 million ($6.36 million).

The Investment sector dropped 2.13% as Al Baraka lost 3.22%, while the banking sector went down 0.85%, with Ahli United, and Bank of Bahrain and Kuwait dropping and 1.6% and 2.9% respectively.

Likewise, the services sector levelled down 0.9%, with Batelco slipping 1.96%.               

On the other hand, the industrial and tourism sectors rose 0.56% and 0.51% respectively.

Mubasher Contribution Time: 21-Jul-2016 16:14 (GMT)
Mubasher Last Update Time: 21-Jul-2016 16:14 (GMT)