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Bahrain Bourse stabilises near 1,050
- Bahrain: Thursday, November 29 - 2012 at 15:29
The Bahrain All-Share Index closed 0.10% higher at 1,048.81 points Thursday as Bank of Bahrain and Kuwait or BBK jumped 4.74% to reach BD0.398. Bahrain Middle East Investemnt Bank, known as BMB, closed unchanged. Earlier in the day, Fitch Ratings has affirmed BMB's long-term issuer default rating at "B-". Fitch also revised BMB's outlook to "positive" from stable. The lender said this success reflects its de-leveraging efforts.
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Gérard Al-Fil, Financial JournalistThursday, November 29 - 2012 at 15:29 UAE local time (GMT+4)
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