By Mahmoud Gamal
Mubasher: Bahrain's stock market closed Sunday with a marginal decline, pressured mainly by the investment sector.
The benchmark fell 0.02% or 0.3 point to reach the 1,226.87 level.
The investment sector slid 0.97% on ABC which moved 2.9% lower to $0.5.
Sunday's bearish performance showed that investors abstained from trading, awaiting the reaction of OPEC decision on markets, said Ibrahim Al-Failakawi, capital market expert.
He added that the index will not stage a comeback unless it returns above the 1,300 level.
The hotel sector rose 1.7%, boosted by Gulf Hotels which soared 2.5% to BHD 0.820.
Albla, which rose 1.12% to BHD 0.632, pushed the industrial sector 1.07% higher.
A total of 336,360 shares changed hands at a turnover of nearly BHD 64,300. Market capitalisation amounted to around BHD 7.251 billion.
Translated by Abdul Maguid Aboshahla
