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Bahraini market declines 1.6% in a week

Bahraini market declines 1.6% in a week
Photo Credit: Arabianeye-Reuters

Bahrain-Mubasher: Bahrain All-Share Index dropped as much as 1.60% or 23.78 points to 1482.88 points.

Turnover reached nearly BHD 779,000, generated from the exchange of 4.851 million shares in 245 transactions.

22 stocks headed north, 13 headed south and the remaining stocks kept flat.

The insurance sector was the top advancer, climbing 3.68% or 73.36 points.

The hotels sector declined 3.46%, followed by the commercial bank which fell 2.59%. The service sector was down 2.20%.

The commercial bank sector was the most active in terms of a traded value reaching BHD 427,000, or 63.59% of the market's turnover.

The industrial sector ranked second, dominating BHD 802,000 or 11.77% of the total traded value.

Translated by Abdul Maguid Aboshahla