Mubasher TV
Contact Us Advertising   العربية

Bahraini bourse slips in 9M on investment, banks

Bahraini bourse slips in 9M on investment, banks
Photo Credit: Arabianeye - Reuters

Mubasher: Bahrain Bourse sagged in the first nine months of 2015, dragged by all sectors mainly investment and banks.

The main gauge fell by 10.56% or 150.6 points to reach 1,275.8 points at the end of September, 2015 compared with 1,426.5 points at 2014-end.

The index also moved down by 6.7% to reach 1,275.8 points in the third quarter of 2015, up from 1,367.8 points at the end of the second quarter.

It fell by 1.80% or 23.3 points in September to reach 1,275.8 points.

The investment sector was the biggest loser in the nine-month period, with a drop of 19.8%. It was followed by industrial with 9.64% after Alba decreased by 9.9%.

Similarly, the banks sector lost 8.68% weighed by NBB that slumped by 7.8%, while Khaleeji Commercial Bank rose by 20%.

The market liquidity rose in nine months by 143% to BHD 21.6 million ($56.8 million), from BHD 8.8 million ($23.3 million).