Manama: Bahrain All Share Index and Bahrain Islamic Index both closed higher, marking significant gains in the stock markets. The Bahrain All Share Index reached 1,965.23 points, an increase of 8.99 points from its previous closing.
According to Bahrain News Agency, the rise in the index was driven by growth in several key sectors, including communication services, financial, industrial, and material sectors. The Bahrain Islamic Index also saw an improvement, closing at 919.52 points with an increase of 5.78 points.
The day's trading activity included 346 equity transactions, with a total volume of 3,846,281 shares valued at BD 1,188,671. Investors showed a strong preference for the financial sector, which accounted for 54.68% of the total value of securities traded, highlighting its prominent role in the market's upward trend.