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Bahrain’s All Share Index closed at 2,026.24 points yesterday, marking an increase of 2.45 points above the previous closing.
This increase was due to the rise in the communication services sector, the consumer discretionary sector, the financial sector, the material sector and the real estate sector.
Bahrain Islamic Index has closed at 951.73 points, marking an increase of 0.52 points above the previous closing.
Results indicated that 114 equity transactions took place with a volume of 4,781,715 worth BD1,214,924. Investors traded mainly in the financial sector, representing 77.86 per cent of the total value of securities traded.
Meanwhile, most Gulf bourses ended higher yesterday as investors weighed upcoming corporate earnings, lower oil prices and renewed US-Iran tensions.
Saudi Arabia’s benchmark index rose 0.4pc, with ACWA Power advancing 3.1pc.
In Abu Dhabi, the index added 0.2pc.
Dubai’s main share index was up 0.1pc, helped by a 2.2pc gain in Emirates Integrated Telecommunications Company (du). The company launched du Ventures, a $50 million venture capital fund managed by Shorooq, to invest in promising startups and emerging technologies, with a significant focus on UAE-based ventures.
Elsewhere, the Qatari index eased 0.1pc, with Qatar Islamic Bank losing 0.7pc.
Outside the Gulf, Egypt’s blue-chip index advanced 1pc, led by a 2pc gain in Commercial International Bank .
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