Leading stocks boost BHB to end year in rise

The benchmark index of Bahrain Bourse (BHB) achieved the highest level in 11 sessions, spurred by leading stocks in banks, investment, and industrial sectors.

The index gained 0.91% or 10.9 points to close at 1,215.8 points on Thursday.

Bahrain Islamic index rose by 1.20% to 818.3 points.

Turnover jumped 78% to BHD 1.371 million as trading volume reached 3.337 million shares.

Market cap stood at BHD 7.206 billion.

The industrial sector leveled up by 2.12%, backed by Alba which rose by 2.20%; the investment sector grew 1.21%, as Al Baraka and Investcorp advanced by 3.64% and 6.45%.

Banks sector increased by 0.95% as AUB, NBB, and Khaleeji grew by 1.46%, 0.72%, and 2.9% respectively, while Bahrain Islamic Bank retreated 0.69%.

Services sector inched down 0.02%, dragged by Nass which lost 1.67%.

 

Mubasher Contribution Time: 31-Dec-2015 10:46 (GMT)