The Bahrain Bourse is green with the opening of the week...

The general index of the Bahrain Financial Market shifted to rise at the end of the trading session on Sunday, the beginning of the week’s sessions, by 0.05%, a profit of 0.74 points to close at 1451.14 points, and the trading volume reached 5.7 million shares worth 789.3 thousand dirhams, and the Bahrain Bourse rose in the services sector with a growth rate of 14.05% This was driven by the rise of Bahrain Telecommunications Company-Batelco by 1.51%, BMMA by 1.35%, and Ithmaar Holding Company rose by 9.41%.

While the commercial banking sector declined by 3.62%, under pressure from Ahli United Bank by 0.25%, Khaleeji Commercial Bank by 5%, Bank of Bahrain and Kuwait by 0.2%, National Bank of Bahrain by 0.16%, then the investment sector by a decrease of 0.78% under the pressure of a share decline. Al Baraka Banking Group by 0.78%, Al Baraka Banking Group by 0.78%, GFH Financial by 0.62%, and Seef Real Estate Company fell by 0.58%.

In another context, GFH Financial Group announced the transfer of all accumulated cash profits of shareholders whose shares are listed on the Bahrain Stock Exchange for the previous years until the fiscal year ending on 31 December 2018 to the Accumulated Cash Profits Fund, which is managed by the Bahrain Clearing Company of the Bahrain Bourse, which She will be responsible for paying the accumulated cash dividends to her eligible shareholders.

In the same context, 4 companies listed on the Bahrain Stock Exchange announced the date of holding a meeting of the Board of Directors to approve the financial statements on September 30, 2020, and the meetings at Banader Hotels Company will start on Wednesday, October 21, followed by the meeting of Bahrain Takaful International Company on Wednesday, November 4, then the company United Gulf Investment Corporation on Wednesday, November 11, and a day later, the Arab Banking Corporation will meet on Thursday, November 12.

In a separate context, the Bahrain Stock Exchange announced that a sale of the shares of Ahli United Bank with 167,266 shares was executed by one of the main persons at a price of $ 0.795 per share last Wednesday. A sale transaction was executed on the shares of Ahli United Bank with a number of 200,000 shares. A major person accepted a price of $ 0.795 per share last Thursday, while a purchase transaction was executed on the shares of the Bahrain Duty Free Market Complex Company with 12,700 shares by one of the main persons at a price of 0.660 dinars per share last Sunday.