Money and business

Trading activity on the Bahrain Stock Exchange increased to 14 million shares and bonds during the week

The amount of shares and bonds traded on the Bahrain Stock Exchange during this week amounted to 14 million 486 thousand and 131 shares and bonds with a total value of 4 million 57 thousand and 807 Bahraini dinars, executed by brokers for the benefit of investors through 489 transactions.

During this week, investors traded shares of 26 companies. The share prices of 10 companies rose, while the share prices of 6 companies fell, and the rest of the companies maintained their previous closing prices.

The financial sector occupied first place in this week’s transactions, as the value of its traded shares amounted to two million, 498 thousand and 128 Bahraini dinars, or 61.56% of the total value of traded shares, with a quantity of 12 million, 431 thousand and 409 shares, which were executed through 257 transactions.

The second place went to the basic materials sector, where the value of its traded shares amounted to 1,194,885 Bahraini dinars, representing 29.45% of the total value of shares traded on the stock exchange, with a quantity of 1,64,920 shares, which were executed through 117 transactions.

At the corporate level, GFH Financial Group came in first place in terms of value, as the value of its shares amounted to 1,870,413 Bahraini dinars, representing 46.09% of the value of traded shares, with a quantity of 8,290,124 shares, executed through 91 transactions.

Aluminum Bahrain (Alba) came in second place, with a value of 1,194,885 Bahraini dinars, or 29.45% of the value of traded shares, with a quantity of 1,64,920 shares, executed through 117 transactions.

During this week, investors traded bonds listed on the Bahrain Stock Exchange at a value of 3,923 Bahraini dinars, or 0.10% of the total value of securities traded during this week, while the quantity amounted to 4,000 bonds, which were executed through one transaction.

Returning to the trading rates during this week over 5 working days, we find that the daily average value of traded stocks and bonds amounted to 811 thousand and 561 Bahraini dinars, while the daily average amount of traded stocks and bonds was 2 million 897 thousand and 226 stocks and bonds, and the average number of transactions during this week amounted to 98 transactions.

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