THE Bahrain Bourse’s Islamic Index closed yesterday at 911.85, marking a 4.41-point increase from its previous close, while the Bahrain All Share Index ended the trading day at 1,941.32, a decrease of 2.07 points.
Trading activity saw a total of 1.36 million shares change hands, with a total value of BD345,770, executed across 77 transactions. The financial sector was the most active, accounting for 48.23 per cent of the total trading value, with BD166,770 from 928,930 shares traded in 32 transactions.
GFH Financial Group topped the list of most traded companies by value, with its shares accounting for 34.46pc of the total, valued at BD119,170.
This was followed by Beyon, which represented 28.56pc of the total trading value at BD98,740. Esterad came in third, with trading valued at BD28,880, or 8.35pc of the total.
Of the 12 companies whose shares were traded, three saw their prices rise, three experienced a decline, and the remaining companies maintained their previous closing prices.
Saudi Arabia stocks were lower after the close yesterday, as losses in the energy and utilities, industrial investment and building and construction sectors led shares lower.
At the close, the Tadawul All Share declined 0.18pc to hit a new 52-week low.
The best performers of the session on the Tadawul All Share were Almajed 4 Oud Company, which rose 9.97pc or 10.90 points to trade at 120.20 at the close. Meanwhile, Fawaz Abdulaziz AlHokair Company added 3.67pc or 0.84 points to end at 23.72 and Saudi Arabian Mining Company was up 2.85pc or 1.55 points to 55.95 in late trade.
The worst performers of the session were Al Andalus Property Company, which fell 6.19pc or 1.22 points to trade at 18.48 at the close. Tamkeen Human Resources Company declined 4.40pc or 2.50 points to end at 54.30 and Ataa Educational Company was down 4.19pc or 2.60 points to 59.50.
Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 222 to 116 and 16 ended unchanged.
The Qatar Stock Exchange (QSE) general index closed yesterday’s trading higher by 38.63 points, or 0.35pc, to close at 11,131.75 points.
During the session, 116,544,036 shares, valued at 277,735,608.463 rials, were traded in 18,063 transactions across all sectors.
The session saw share prices rise in 32 companies, decline in 16, while four others maintained their previous closing.
Market capitalisation at the end of the trading session amounted to 664,411,166,479.745 riyals, compared to 662,592,262,902.876 rials in the previous session.
The Kuwait Bourse closed trading yesterday as the All Share Index gained 68.20 points to reach 8,784.83 points, an increase of 0.78pc. As many as 514.3 million shares valued at 104.6m dinars ($319m) were traded via 24,040 transactions.
The Main Market Index went up by 66.27 points to reach 8,002.73 points, up by 0.84pc, through 316.9m shares done via 15,462 transactions valued at 46.19m dinars ($140.8m).
The Premier Market Index gained 72.05 points to reach 9,413.99 points, up by 0.77pc, through 197.3m shares done via 8,578 transactions valued at 58.4m dinars ($178.12m).
Meanwhile, the bourse Main 50 Index went up by 80.86 points to reach 8,251.41 points, up by 0.99pc, through stock volume of 250m shares done in 10,531 deals at a value of 38.5m dinars ($117.4m).