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Investcorp annual result lifts Bahrain Bourse

: Monday, August 04 - 2014 @ 17:15

The Bahrain All-Share Index continued its dogged recovery and closed 0.19 per cent higher at 1,475.25 points on Monday, Aug. 4. Lenders performed well in particular. Islamic financial institution Salam Bank Bahrain jumped 4.80 per cent to hit BD0.22. Khaleeji Commercial Bank edged up by 2.04 per cent higher to reach BD0.050.

Investcorp Bank ended unchanged. Earlier in the day, the investment bank said its annual result for the fiscal year 2013/2014 ending on June 30 showed a 25 per cent increase in net income, amounting to $131.2 million.  Almost two billion dollars in new funds were raised during the period.

Aluminum Bahrain shares lost the most , finishing 1.60 per cent lower at BD0.0492.

Gérard Al-Fil

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Monday, August 4- 2014 @ 17:15 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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