Investment, insurance sectors drag BHB into red

Mubasher: Bahrain Bourse (BHB) ended Sunday’s session in the red zone, dragged by both the investment and insurance sectors.

The benchmark index edged down by 0.03% or 0.4 points to close at 1,102.19 points.

BHB’s investment sector fell by 0.5%, as Al Baraka Banking Group lost 4.25%.

The insurance sector levelled down 0.4%, dragged by Al Ahleia Insurance which retreated by 3.5%.

Meanwhile, the services sector topped the gainers by 0.3%, backed by Bahrain Duty Free Shop. Similarly, the banks sector grew 0.14%, in line with the rise of Bank of Bahrain and Kuwait.

Liquidity reached about BHD 125,530 as trading volume posted around 867,970 shares.

 

Mubasher Contribution Time: 22-May-2016 13:52 (GMT)
Mubasher Last Update Time: 22-May-2016 13:52 (GMT)