Bank shares keep Bahrain bourse buoyant-continued

February 16, 2012--The Bahrain All Share Index added 0.12% to reach 1,143.77 points. The gauge swung with today's trading session into positive territory on a year-to-date basis.
Islamic investment bank Gulf Finance House surged 9.52% while Ithmaar Bank surged 6.67%. The Bahrain Saudi Bank or BSB, which closed unchanged, reported earlier in the day a net profit for the year 2011 of BD1.9m ($5.03m), a 73.3% increase compared to the corresponding period in 2010. Earning per share increased to BD3.8 from BD2.2. BSB's statement of income reveals that the lender was successful in reducing its operating expenses slightly, while total operating income surged 14.83%.

Source: AME Info

Middle East ETP News
DEPA shares hit 11-month low
October 2, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 1.61 per cent lower at 4,555.66 points on Thursday, October 2.
read more
Lackluster Abu Dhabi exchange dips
October 2, 2014--The Abu Dhabi market index ADXGI fell by 0.37 per cent to 5,111.25 points on Thursday, October 2.
read more
Emaar Malls Group gains strongly on first day of trading
October 2, 2014--Despite the euphoria on the Dubai trading floor about the first listing of the biggest IPO since 2007, the Dubai Financial Market (DFM) general index lost 1.68 per cent to close at 4,957.87 points on Thursday, October 2.
read more