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Bahraini bourse maintains rally on leading stocks

Bahraini bourse maintains rally on leading stocks
Photo Credit: Arabianeye-Reuters

Cairo-Mubasher: Bahrain Bourse extended its upward trend for the sixth straight day, buoyed by banking stocks as well as Batelco and Alba.

The index rose 0.53% or 7.76 points to close Tuesday at 1471.55  pts.

The service sector was the top gainer with a jump of 1.62%, as Batelco rose 2.94% and Car Park soared 8.93%.

The industrial sector ranked second with a rise of 1.37%, boosted by Alba which was up 1.4% to BHD 0.505. 

The commercial bank sector closed 0.47% higher, as Al Salam and Bank of Bahrain and Kuwait added 1.78% and 1.5%, respectively. Ahli United closed on a flat note.

A total of 2.7 million shares were exchanged through 91 trades at a turnover of BHD 1.1 million.

Translated by Abdul Maguid Aboshahla