Complex Made Simple

Al Baraka Banking Group bucks Bahrain Bourse’s downfall

The Bahrain benchmark index declined 0.61% and finished at 1.169.89, as blue chip firms Bahrain Aluminum (flat at $0.70) and Bahrain Telecommunications (down half a percent at BD0.398). Islamic bank Al Baraka Banking Group surged 3.57% to reach $1.160. Year-to-date the exchange in Manama has lost 18.33%, the highest loss in the GCC during the first three quarters.