Skip Navigation LinksHomeBahrain Home
Advertisement
Stock Scanning
Support & Resistance Levels
Pivot Analysis
Bahrain Bourse BSE    25 Aug 2016      1146.37     -6.32
Commentary & Views

DAILY BASKET OF COMMENTARIES

OIL PRICE PLAYING ON A SEE-SAW – IGNORING INVESTMENT IN OIL

There is now a consensus that the 20% oil price rally in August wasn’t sustainable. It was a purely technical issue with the short sellers scrambling to cover their positions. The fundamentals of oil supply and demand remain imbalanced and could remain so until the end of 2016 or probably well into 2017.

Of course, an agreement between the major oil producers to freeze production, will put an immediate stop to this lose-lose situation and raise prices to levels more acceptable to the deficit laden producers. The OPEC September meeting is scheduled, theoretically, to do that, and the Saudi oil minister has alluded as much… Continue reading

DAILY INFORMATION & ANALYSIS
MARKET SUMMARY
Date
»  25 Aug 2016
Close
»  1,146.37
Previous
»  1,152.69
Change
»    -6.32
Change %
»    -0.55%
Volume
»  20,626,990
Trade
»  19
Value (mill.)
»  0.20
YTD Change
»    -5.72%
52 Week High
»  1,299.60
52 Week Low
»  1,089.32
SECTOR SUMMARY
SectorClosePreviousChange
Bahrain Bourse 1,146.37 1,152.69 -6.32
Commericial Banks 2,369.29 2,393.44 -24.15
Investment 585.54 585.54 0.00
Insurance 1,525.19 1,525.19 0.00
Services 1,259.29 1,260.90 -1.61
Hotels&Tourism 3,239.05 3,272.57 -33.52
Industrial 521.30 0.00
TOP GAINERS (25 Aug 2016)
BISB 0.099 4.21 %
TOP LOSERS (25 Aug 2016)
NBB 0.700 -2.78 %
BHOTEL 0.640 -1.54 %
DUTYF 0.770 -1.28 %
AUB 0.640 -0.78 %
BBK 0.370 -0.54 %
Yearly Gainers & Losers
Corporate Actions
MARKET OVERVIEW
 Date  8/25/2016  8/24/2016 Change
 Index (Last) 1,146.4 1,152.7 -6.3 
 Volume (000's)  20,627  963  19,664
 Deals  19  27  -8
 Value (Mill)  0.2  0.3 -0.1
 Company Traded  12  11  1
 Winners  1  1  0
 Losers   5  4  1
 No Change  6  6  0
  SECTORS CLOSING SUMMARY   TOP 5 SHARES
  SHARE PRICES & CLOSING REPORT
TODAYS TECHNICAL PIVOT TABLE (25 Aug 2016)
PIVOT ANALYSIS FOR A SELECTION OF SHARES
Share LTP PIVOT SUPPORTS RESISTANCE
S2 S1 R1 R2
BSE 1,146 1,148 1,141 1,144 1,151 1,155
101-AUB 0.640 0.642 0.637 0.638 0.643 0.647
102-SALAM 0.090 0.090 0.090 0.090 0.090 0.090
103-BISB 0.099 0.099 0.099 0.099 0.099 0.099
104-BBK 0.370 0.370 0.370 0.370 0.370 0.370
105-NBB 0.700 0.700 0.700 0.700 0.700 0.700
For More » Click Here
CHARTING ANALYSIS TOOLS - PREDEFINED SCANS (25 Aug 2016)
Daily Technical Scanning: We daily scan the charts of ALL the listed shares and identify those that had a positive or negative change in one or more of their technical indicators (Scanning based on daily closing prices).
You can then click on the company name to see its full chart and assess for yourself that share’s outlook.
Company Price Crossing the Moving Day Averages (MDA) (up/down)
200 MDA 100 MDA 50 MDA 25 MDA 15 MDA 5 MDA
101 AUB
104 BBK
For More » Click Here
LATEST COMPANY NEWS
For More » Click Here
LATEST GENERAL BUSINESS & ECONOMIC NEWS
For More  » Click Here
OTHER IMPORTANT INFORMATION & ANALYSIS
FULL INFORMATION ON LISTED COMPANIES
Profile - Last One Month News - Financial Summary - Yearly Financial Analysis - Technical Charts - Quick Summary of the Company - Monthly Price Performance
For More » Click Here
OTHER DAILY ANALYSIS
WEEKLY INFORMATION & ANALYSIS
LATEST COMPANY FINANCIAL RESULTS
Find Company  
  
Advertisement
Go Mobile on Asma