Bahrain stock exchange in negative mood during August
The Bahrain All Share Index ended last month on a negative note when compared to July, closing at 2,690.09. Therefore, decreasing on a MoM basis by 3.78%.
Market capitalization decreased by 3.73% at the end of August to reach BD11.2bn (close to US$30 billion). Decliners outnumbered the advancers by a margin of 17 to 11 and the prices of 24 companies remained unchanged.
Moreover, the value of shares traded decreased by 14.48% to reach BD29.8 mn. In addition, the volume of shares traded decreased by 36.08% to reach 61.5 million shares.
Furthermore, the number of transactions decreased by 23.50% to reach 2,617 trades. Most of the trading was concentrated in the Commercial Banks Sector, which witnessed BD16.05mn of trading value, capturing 53.93% of the total value of shares traded on the BSE.