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Commercial banks push up Bahrain Bourse in 2019

Commercial banks push up Bahrain Bourse in 2019
The general index levelled up by 83.23 pts in December

Mubasher: The Bahrain Bourse’s general index grew by 272.92 points, or 20.4%, to reach 1,610.18 points in 2019, pushed up by the commercial banking sector.

Market capitalisation jumped 23.6% to BHD 10.13 billion ($26.7 billion) over the year, compared to BHD 8.19 billion ($21.59 billion) the year earlier.

The banking sector surged 42.5%, while the services sector increased by 18.3% and the investment sector added 5.03%. The industrial sector dropped 29.8%.

 

Bahrain Bourse in December

The Bahrain Bourse’s general index levelled up by 83.23 points, or 5.45%, to hit 1,610.18 points in December.

The banking sector grew and the investment sector inched up. The services sector declined and the industrial sector fell.