Financial bias sinks Bahrain bourse

While most other bourses enjoyed a spring rally, the performance of the Bahrain stock market has been lacklustre, declining even further on low trading volumes this summer.

The Bahrain stock exchange has lost nearly 17 per cent of its value this year, the worst decline in the Gulf. Over the past 12 months it has shed nearly half its value, only outpaced by the Dubai Financial Market.

The companies in the MSCI Bahrain index have slumped 71 per cent during the past year, by far the worst performance of all Gulf indices.