MANAMA: The Bahrain All Share Index concluded the trading session at 1,979.28 points, reflecting a decrease of 6.63 points from its previous close. The downturn was primarily attributed to a decline in the material sector, impacting the overall market performance.
According to Bahrain News Agency, the Bahrain Islamic Index also saw a decline, ending at 778.40 points, down by 1.45 points compared to its last closing. The trading session witnessed 35 equity transactions with a volume of 548,053 shares, totaling a value of BD 253,757.
The material sector dominated the trading activity, accounting for 68.57% of the total value of securities traded. This heavy concentration in the material sector was a significant factor in the overall market decline, as investors showed a strong preference for trading in this sector.