Bahrain Bourse halts 5-day decline, boosted by Batelco, NBB

August 4, 2015 11:32 AM

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Mubasher: Bahrain Bourse’s benchmark ended a five-day losing streak, supported by Batelco and National Bank of Bahrain.

The index rose as much as 0.24% or 3.18 points to reach the 1,332 level.

The services sector was the top gainer with a rise of 1.04%, as Batelco and Seef Properties advanced 1.79% and 2%, respectively.

The banking sector was also 0.29% higher, enhanced by National Bank of Bahrain which climbed 1.38%.

On the bearish side, the industrial and investment sectors headed south, falling 0.39% and 0.04%, respectively, pressured by Alba.

Turnover reached BHD 109,860 ($291,360), after 567,340 shares were exchanged in 36 trades.

The market capitalisation declined to nearly BHD 7.857 billion ($20.84 billion), compared with BHD 7.839 billion ($20.79 billion) on Monday.


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