Bahrain blue chips keep recovery rally alive
In Manama, the Bahrain All-Share Index finished 0.66 per cent higher to close at 1,471.42 points on Tuesday, July 15. Since the start of the month, the gauge gained 15 per cent in value.
Despite slightly bearish market breadth, gains in Arab Banking Corporation (ABC, up 2.78 per cent) and Bahrain Telecom (Batelco, 2.70 per cent higher) supported the gauge. Islamic bank Salam Bahrain fell by 0.91 per cent.