Bahrain market meltdown continues

13 June 2010

The Bahrain Stock Exchange (BSE) failed to join the positive start at the other GCC exchanges and ended 0.17% lower at another new year-low at 1,398.74 points. Islamic investment bank Gulf Finance House bucked the downtrend, finishing 3.57% higher at $0.145. Manama waits for the launch of the new market Bahrain Financial Exchange (BFX) which was scheduled to go live in Q1 2010. Its debut, however, has been postponed until the end of the year.

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