The Bahrain Bourse (BHB) experienced a positive trading session yesterday, with both main indices closing higher, backed by robust activity in the financial sector.
The Bahrain All Share Index closed at 2,036.34, marking a gain of 6points, or 0.30 per cent, compared to its previous closing level.
Similarly, the Bahrain Islamic Index also rose, ending the day at 998.71, an increase of 2.02 points, or 0.20pc.
Total trading activity for the day reached a value of BD1,388,913, executed through 160 transactions. The total volume of shares traded amounted to 5,725,038.
Investors focussed heavily on the financial sector, which accounted for the vast majority of the day’s activity.
The sector’s traded value totalled BD882,729, representing 63.56pc of the overall trading value. Volume in the sector reached 4,897,695 shares, executed across 86 deals.
GFH Financial Group was the most active company by value, commanding the largest share of the market turnover.
The GFH Financial Group traded 3,363,094 shares through 34 transactions. Alba saw 232,366 shares traded over 10 deals, while Beyon traded 432,489 shares in 38 transactions.
In total, shares in 19 companies were traded. The market saw five companies register a rise in their share price, while two companies recorded a decline.
The remaining companies maintained their previous closing prices.
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