Bahrain All Share Index closed at 2,030.77 points yesterday, marking an increase of 0.73 points above the previous closing.
This increase was due to a rise in the financials sector and the industrials sector.
Bahrain lslamic Index closed at 975.67 points, marking a decrease of 1.07 points below the previous closing. Results indicated that 115 equity transactions took place with a volume of 2,759,643 worth BD 842,297.
Investors traded mainly in the financials sector, representing 36.80 per cent of the total value of securities traded.
Most Gulf markets also inched higher yesterday after Iranian negotiators reported progress in peace talks with the US, soothing fears that the process was faltering.
Dubai’s main share index added 0.1pc, helped by a 2.1pc rise in utility firm Dubai Electricity and Water Authority. In Abu Dhabi, the index gained 0.4pc.
The Qatari index rose 0.3pc, with the region’s biggest lender Qatar National Bank gaining 0.6pc.
Saudi Arabia’s benchmark index eased 0.1pc, hit by a 0.6pc fall in the country’s biggest lender by assets Saudi National Bank and a 0.2pc decrease in oil major Saudi Aramco.
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