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GFH reveals October market-making activities

GFH reveals October market-making activities
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GFH
GFH
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Dubai – Mubasher: GFH Financial Group announced the monthly market-making transactions for October, in line with the Central Bank of Bahrain (CBB) requirements, in a bourse filing on Sunday.

In the Dubai Financial Market (DFM), the total number of securities purchased amounted to 54.922 million, with the number of securities sold at 39.816 million. Total money paid reached AED 48.453 million, while the total money received stood at AED 34.926 million. The securities balance reached 82.913 million, and cash balance reached AED roughly 14.950 million.

Meanwhile, in Bahrain Bourse (BHB), the total number of securities purchased was 4.776 million, while the total number of securities sold was 24.938 million. Money paid totalled $1.133 million, while total money received recorded $5.861 million. Furthermore, the securities balance registered 83.132 million, with the cash balance at about $5.804 million.

In May, the CBB approved the reappointment of SICO as liquidity provider (market maker) for GFH, listed on both the DFM and Bahrain Bourse (BHB). Bahrain’s central bank approval is valid until 29 November 2019.