Bahrain All Share Index yesterday closed at 2,040.32 points, marking an increase of 0.52 points above the previous closing.
This increase was due to the rise in the communication service sector and material sector.
Bahrain lslamic Index closed at 987.46 points, marking a decrease of 8.46 points below the previous closing.
Results indicated that 155 equity transactions took place with a volume of 31,204,067 worth BD7,311,154.
Investors traded mainly in the financial sector, representing 90.17 per cent of the total value of securities traded.
Stock markets in the Gulf ended mixed yesterday following an easing in crude prices on Friday while anticipation of a US Federal Reserve rate cut next month underpinned sentiment.
Crude futures fell marginally on Friday as investors considered oil’s geopolitical risk premium amid drawn-out Russia-Ukraine peace talks.
Saudi Arabia’s benchmark share index, the TASI, slipped 0.5pc, with Saudi Arabian Mining Company losing 2.2pc and oil giant Saudi Aramco down 0.4pc.
In Qatar, the main share index eased 0.3pc, with Qatar National Bank, the Gulf’s biggest lender by assets, down 1.1pc.
Outside the Gulf, Egypt’s blue-chip index advanced 1.7pc, with Talaat Moustafa Group Holding jumping 6.2pc.
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