Bahrain Bourse misses positive start into 2013
- Bahrain: Wednesday, January 02 - 2013 at 15:02
Despite bullish input from abroad, the Bahrain All-Share Index fell 0.17% to 1,063.77 points. Stock markets worldwides starte with solid gains into the new year after U. S. congress passed a long awaited budget and tax hike compromise. In Manama, shares of Aluminum Bahrain or Alba fell 2.31% to BD0.422. Advances of Islamic bank Al Salam Bank Bahrain (up 9.43%) and Esterad (1.62% higher) failed to lift the market. The Bahrain Bourse was the worst performing GCC market in 2012 when it lost 6%, despite solid gains at the end of December.
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