Bahrain’s All Share Index closed at 1,880.41 points yesterday, marking an increase of 0.36 points above the previous closing.
This increase was due to a rise in the communication service sector and the financial sector.
Bahrain Islamic Index has closed at 909.75 points, marking an increase of 7.10 points above the previous closing.
Results indicated that 101 equity transactions took place with a volume of 2,329,023 worth BD631,608.
Investors traded mainly in the communications services sector, representing 45.25 per cent of the total value of securities traded.
Meanwhile, Gulf stock markets closed mixed yesterday as investors awaited clarity on reports of US-Iran ceasefire talks.
Saudi Arabia’s benchmark index eased 0.1pc, hit by a 0.7pc fall in the country’s biggest lender by assets Saudi National Bank. Elsewhere, oil major Saudi Aramco fell 0.2pc.
GCC markets posted mixed performances as geopolitical uncertainty kept investors on the sidelines. In the near term, trading is likely to remain cautious and highly responsive to headlines surrounding regional tensions, said Joseph Dahrieh, managing director at Tickmill.
Dubai’s main share index dropped 0.7pc, weighed down by a 3pc slide in Emaar Properties.
In Abu Dhabi, the index gained 0.3pc. According to Dahrieh, emerging hopes of a potential de-escalation could underpin sentiment and provide a stabilizing effect.
The Qatari benchmark advanced 1.8pc, buoyed by a 1.6pc rise in the Gulf’s biggest lender Qatar National Bank.
Outside the Gulf, Egypt’s blue-chip index gained 0.8pc.