Bahrain exchange advances slightly

03 June 2010

For the first time this week, the Bahrain Stock Exchange (BSE) ended in the green and closed 0.09% higher at 1,416.90 points. Islamic investment bank Gulf Finance House (GFH) advanced 3.85% and finished at $0.135. The bank announced last Sunday that it will sell a 50% stake in the Bahrain Financial Harbour to Emar Bahrain in order to pay back partly a $300m loan. The stake was estimated at $175m.

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