Bahrain Bourse falls for 5th successive month

Mubasher: Bahrain Bourse ended November in decline, facing the red zone for the fifth month on a row, with Alba leading stock losses.

The index fell by 1.42% or 17.77 points to end the month at 1,232.6 points.

Bahrain Islamic Index dropped 8.3% or 72.6 points to reach 806.3 points as compared to 878.9 points in the previous month.

The services sector posted losses of 2.1%, while the touristic hotels sector fell by 1.18%.

The investment sector inched down 0.4%, dragged by Al Baraka Banking Group which retreated 8.8%, while GFH rose by 6.4%.

The banks sector posted a monthly rise of 0.7%, backed by Khaleeji Commercial Bank which grew 10.3% and AUB which rose by 3.65%.

During November, the market cap fell by 1.5% or BHD 0.11 billion to settle at BHD 7.28 billion as compared to BHD 7.39 billion.

Turnover surged 158.1% to BHD 11.7 million, compared to BHD 4.5 million by the end of October.

MUBASHER Contribution Time: 30-Nov-2015 12:40 (GMT)