This week, the Bahrain Bourse experienced significant activity, with investors trading 5,945,246 shares. The total value of the shares reached BHD 1,607,087, executed through 481 transactions. Brokers managed these trades on behalf of the investors.
Throughout the week, investors engaged with 26 companies. Notably, nine companies saw an increase in share prices, while 11 experienced declines. Meanwhile, the remaining companies maintained their previous closing prices.
The Financial Sector led the way in terms of transaction value, contributing BHD 737,026. This figure represented 45.86% of the total value of shares traded. In total, 3,654,622 shares changed hands within this sector, facilitated by 254 transactions.
Additionally, the Basic Materials Sector followed closely, with a total traded value of BHD 288,961. This accounted for 17.98% of the total trading value. The sector saw 268,294 shares traded across 68 transactions.
On the corporate front, Al Salam Bank emerged as the leader in terms of trading value. Specifically, the bank’s shares traded for a total value of BHD 437,995, which represented 27.25% of the total trading value. Investors executed 155 transactions, resulting in a volume of 2,238,281 shares.
In contrast, Aluminum Bahrain (Alba) ranked second, with a total value of BHD 288,961, or 17.98% of the total traded value. Alba’s shares were exchanged across 68 transactions, with a volume of 268,294 shares.
Looking at the week’s trading activity, the daily average value of shares traded reached BHD 321,417. Furthermore, the daily average volume stood at 1,189,049 shares. On average, brokers executed 96 transactions per day during the five business days.
In conclusion, this week saw a busy and varied performance on the Bahrain Bourse. The Bahrain Bourse continues to show steady activity, with significant contributions from both the financial and basic materials sectors. Consequently, investors remain active, reflecting a robust market environment.