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Bahrain market gains 0.56%
- Bahrain: Wednesday, September 16 - 2009 at 16:28
The Bahrain All Share Index added 8.14 points and closed at 1,529.99 points (up 0.56%). Islamic banks Gulf Finance House (gaining 5.41% at $0.585) and Al Baraka Banking Group (3.57% higher at $1.45) posted the second and third largest profit respectively. All other conventional banks remained unchanged. Central Bank of Bahrain has cut its key interest rate on the one-week deposit facility by a quarter of a percentage point to 0.5% from 0.75%, Bloomberg has reported.
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Gérard Al-Fil, Financial JournalistWednesday, September 16 - 2009 at 16:28 UAE local time (GMT+4)
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This article was updated on Thu Sep 17 2009.
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