Bahrain Stock Exchange
Bahrain Stock Exchange

The financial market in Bahrain revealed the continuation of the working hours announced for all securities to be from ten in the morning until one o'clock in the afternoon, as of today morning 8/8/1441 AH corresponding to 7/4/2020 AD.

In a related context, the financial market in Bahrain revealed the continuation of working hours announced for all listed securities.

In an official statement this morning, the Bahrain Stock Exchange confirmed its ability to access all its operational systems, implement market operations at all times and enable market participants to conduct their business normally.

In this regard, an official source at the Ministry of Interior in Bahrain revealed, yesterday evening, Monday, a 24-hour curfew in a number of Bahraini cities, including Manama, Muharraq, Sitra, Al-Riffa and others.

Whereas, the market in Bahrain in the recent period has reduced the trading hours of all listed securities temporarily, to start at ten in the morning and continue until one o'clock as of Thursday, March 26 last.

At that time, the financial market in Bahrain revealed in a statement posted on its website that the trading sessions are as follows:

The first session in the Bahraini stock market (opening auction): from 09:30 am to 10:00 am

The second session in the Bahraini stock market (open market - implementation): from 10:00 am to 01:00 pm

- The third session in the Bahraini stock market (closing auction): for listed securities from 01:00 PM to 01:10 PM

The Bahraini stock market excludes debt instruments and ETFs.

- The fourth session in the Bahraini stock market (trading on the closing price): for all listed securities from 01:10 pm to 01:20 pm (except for debt instruments and ETFs).

The Fifth Session of the Bahrain Stock Market (the market is closed): for listed securities from 01:20 pm to 02:00 pm - (with the exception of debt instruments and exchange-traded funds where it will be from 01:00 pm to 02:00 pm).

The Bahraini stock market on the Bahrain Stock Exchange confirmed the safety of its systems and operational operations, as it always works to take all measures that would benefit the market and its dealers.

For its part, the Bahraini government assured all dealers in the market of its ability to access all its operational systems and implement market operations at all times.

On the other hand, an economic report revealed that the indicators at the present time confirm the coherence of the economy in Bahrain in light of the circumstance afflicting the economy at the global level in light of the current global economic crisis due to the Corona virus spread in many countries of the world.

The last report revealed that Bahrain's financial reserves are sufficient to cover Bahraini imports by four years (47 months), and the growth came as a result of a continuous rise in demand deposits, which increased by 9.5 percent from February 2019, in addition to an increase in time deposits by 6.6 percent over Yearly basis also until February.

It is worth noting that the vital positive indicators at the present time within the Qatari economy until the previous February increased by 11.3% during the year, as banks ’liabilities on the public sector increased 17.7% for the same period, while new mortgage loans provided by banks rose 142%. .