Bahrain’s equity market swung to a partial recovery last month after a monthly decline of 2,3 per cent during March, according to Kamco Invest. The latest monthly report by the Kuwait-based brokerage and research firm shows that the Bahrain Bourse All Share Index was up 0,9 per cent during April to close the month at 1,904. 39 points. In terms of sectoral performance, only three of seven indices recorded gains during the month. The materials index, which only has one constituent company Alba, recorded the biggest growth among the indices at 1,9 pc during April, becoming the main contributor to the upswing in the overall bourse index. The financials index followed as the second biggest gainer among the indices, climbing 1,2pc last month to close at 6.837,6 points mainly due to the performance of companies such as Solidarity Bahrain and Al Salam Bank Bahrain which posted monthly share price gains of 12. (ICE Doha)

Fonte notizia: Gulf Daily News