Bahrain ‘All Share Index’ Closes at 9-Year High

Wednesday, July 17, 2019
Bahrain Bourse announced today that its ‘All Share Index’ closed at 1533.97 points (+196.71 points) as of 15th July 2019 representing a growth of 14.71% YTD and crossing its 9-year peak, mainly led by positive performance of the Commercial Banks sector. Commercial Banks was the best performing sectoral index, as it gained by 30.75% YTD. Services and Investment sectors index performed positively as well, by 15.31% and 6.18% YTD respectively. Total market cap stood at BD 9.64 billion.

Trading activity picked up, as volumes increased by 0.08% YOY to reach 741.13 Million shares. Value traded increased by 37.05% YOY and reached BHD 190.09 Million. The number of transactions executed on Bahrain Bourse also increased to 12,532 trades, up by 20.63% YOY.

Sh. Khalifa bin Ebrahim Al-Khalifa, Chief Executive Office of Bahrain Bourse commented stating: “Continuous efforts towards enhancing the market liquidity has resulted in growing investment inflow from both local and foreign institutions during the most recent period. Thus Bahrain Bourse achieved this remarkable growth in its index and the market capitalization of listed companies.”

Sh. Khalifa emphasized Bahrain Bourse’s commitment to applying the best international standards and practices, which reinforces BHB’s position as one of the leading financial markets to provide a stable environment and strong investment opportunities for both institutional and retail investors.