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NBK research: BHB best performing market in Gulf

: Sunday, August 03 - 2014 @ 02:32

National Bank of Kuwait (NBK) research reported that Bahrain Bourse (BHB) was the best performing market in the second quarter, gaining 5.2%, followed by Oman’s stock market with a 2.2%, Gulf Daily News reported. The Saudi market was flat in the quarter while all remaining GCC markets were off. Analysis by NBK shows GCC equity markets experienced a correction in the second quarter following a very strong performance earlier in the year. The S&P GCC index was off by 1.8pc during the quarter, reducing gains from the beginning of the year to 8pc.

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Sunday, August 3- 2014 @ 2:32 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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