Bahrain and Bahrain Stock Exchanges Increase for Second Day

The general index of the Bahrain Stock Exchange continued its rise for the second consecutive day of 0.63% to 8.37 points, to 1330.82 points against 1322.45 points yesterday, losing its loss since the beginning of 2018 to 0.07%, while The Islamic Bank of Bahrain (BISI) closed for the second day at 2.53%, or 24.53 points, at 992.46 points against 967.93 points yesterday, the Islamic index has fallen to 8.75% since the beginning of the year.

At 4.54 million shares, compared with 5 million shares, a decline of 9 percent, while the value decreased to reach 712 thousand dinars, compared with 1.82 million dinars the day before, down 61%, and the number of transactions executed at 111 transactions against 82 transactions yesterday, an increase of 35%.

The market value of listed shares was 8.16 billion dinars, an increase of 51 million dinars or 0.63%.

Investors focused on the investment sector, Bahrain, which accounted for 57.4% of the cash exchanged, came from the circulation of 2.95 million shares, in 42 transactions

EFG Financial Group dominated the stock market with a traded value of 369,000 JD, representing 52% of total market liquidity, versus 2,65 shares traded across 24 trades.

Bahrain Aluminum, with a negotiated value of 68,000 KD, representing 10% of the total value traded, with 108,600 shares executed through 5 transactions.