The Bahrain Stock Exchange (BSE) index for August closed at 2001.69 points, marking an increase of 10.76 points above last month’s closing index. Results indicated that 1,010 transactions took place with a volume of 76,705,149 shares worth 12.8 million Bahraini dinars ($33.9 million).
Out of 44 companies listed on the BSE, 30 were active, with a percentage of 64 percent divided on five companies in the Commercial Bank Sector, six companies in the Investment Sector, four in the Insurance Sector, eight in the Service Sector, two in the Industrial Sector, four in the Hotel and Tourism Sector and one in the Non–Bahraini Company Sector.
A total of 15 companies posted an increase in share prices, eight companies suffered a decrease in share prices, with the rest of the companies’ prices remaining stable.
In the Commercial Banks Sector, the value of shares traded totaled 77 percent of the total value of shares traded in August. The volume of shares traded reached 68.7 million constituting 90 percent of the volume of shares traded. The actual number of transactions performed by investors in this sector totaled 386.
In the Services Sector, the value of shares traded totaled 17 percent of the total value of shares traded in August. The volume of shares traded reached 3.67 million constituting five percent of the volume of shares traded. The actual number of transactions performed by investors in this sector totaled 363 representing 36 percent of the total number of shares traded.
In the Investment Sector, the value of shares traded totaled three percentof the total value of shares traded in August. The volume of shares traded reached 2.5 million or 16 percent of the volume of shares traded. The actual number of transactions performed by investors in this sector totaled 88 or nine percent of the total number of shares traded.
Ahli United Bank, Bahrain Telecommunication Company, Bahrain Commercial Facilities emerged as the most active companies for August.
Based on 21 trading days, the approximate daily average value of trading was BD 613.168. The daily average volume was 3.652 million with daily average transactions of 48. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
