Sunday, 10 February 2019

Most Mideast Gauges Drop as 2018 Earnings Pressure: Inside EM - Bloomberg

Most Mideast Gauges Drop as 2018 Earnings Pressure: Inside EM - Bloomberg:

Most stock gauges in the Middle East retreated on Sunday, with Bahrain’s index dropping after Aluminium Bahrain posted its first loss in 12 quarters.

The Bahrain Bourse All Share Index fell 0.6 percent, the most since Jan. 28, dragged down by Aluminium Bahrain’s 9.5 percent loss. The company, which accounts for almost 10 percent of the index, was one of just nine stocks on the 39 member gauge to move in either direction.

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