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Bahraini market in red 2 sessions in row

Bahraini market in red 2 sessions in row
Photo Credit: Arabianeye-Reuters

Bahrain Bourse’s (BHB) All Share continued to decline on Wednesday for the second consecutive session, reaching 1,332.3 points after losing 0.16% or 2 points.

Market capitalization dropped 0.16% to BHD 7.856 billion ($20.688 billion) from BHD 7.868 billion ($20.722 billion).

The market’s turnover amounted to nearly BHD 182,600 ($481,000) as 1.6 million shares were traded through 51 transactions.

The services sector fell 0.29%, dragged by Batelco stock which dropped 0.59%.

The banks sector closed lower 0.26%, hurt by Ithmaar Bank which plunged 7.14%. However, Khaleeji Commercial Bank rose 3.17%.

Khaleeji Commercial Bank had a turnover standing at about 82,300 as 1.2 million shares were traded via 23 deals.