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Ithmaar Bank soars 4.76%
- Bahrain: Thursday, August 27 - 2009 at 15:17
The Bahrain All Share Index advanced by 0.36%, closing at 1,519.23 points amid strong performing financial shares. Islamic bank Ithmaar, which has subsidiaries and associate companies in the GCC and in Geneva (Feisal Private Bank), ended as today's top gainer at $0.22. General Trading & Food Processing (Trafco) closed flat at BD0.286. The firm announced on Wednesday that it has completed the purchase of the remaining 50% stake in Bahrain Fresh Fruit. The contract was signed on Tuesday. Trafco now owns 100% of Bahrain Fresh Fruit.
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Gérard Al-Fil, Financial JournalistThursday, August 27 - 2009 at 15:17 UAE local time (GMT+4)
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