Ithmaar Bank rallies to 10-month high
- Bahrain: Sunday, March 10 - 2013 at 16:17
The Bahrain All-Share Index climbed up by 0.68%, closing Sunday trading at 1,107.25 points. Islamic bank Ithmaar posted the biggest increase, ending 9.52% higher at $0.23, the highest price level since May 2011. Islamic bank Al Baraka Banking Group fell 2.78% to $0.70. According to the kingdom's central bank, there was at least one more bank merger in the offing, Dubai-based cg economist and IMF Middle East advisor Dr. Nasser Saidi said earlier today.
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Gérard Al-Fil, Financial Journalist



