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FINANCIAL NEWS
GCC trading drops 31 percent to USD30.06b in Ramadan
09 Jul 2015
(MENAFN) Trading activity for the Gulf Cooperation Council (GCC) countries has been hit by a 31 percent plunge in value, reaching USD30.06 billion in Ramadan, Arab Times reported.
The number, which resulted in a trading volume average of USD1.35 billion, compares to USD2.05 billion logged for May this year. The decline is attributed to the peculiarities of lifestyle during Ramadan.
Total volume declined by more than a third to 3.65 billion shares as compared to 5.6 billion shares during the previous month resulting in average trading volume of 159.8 million shares in June 2015.
More News
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
29 Jul 2024
BBK discloses its financial results for the half year ended 30th June 2024
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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