SICO's Bahrain Liquidity Fund Ends 2019 with Boost to Liquidity and Performance on Bahrain Bourse


SICO BSC (c), a leading regional asset manager, broker, market maker and investment bank (licensed as a conventional wholesale bank by the Central Bank of Bahrain “CBB”), announced today that the Bahrain Liquidity Fund (BLF), now in its fourth year, has continued to make a major impact on the average daily traded volume (ADTV) of the Bahrain Bourse. The Bahrain Bourse ADTV has reached BD 1.121 million in 2019 increasing by four folds since inception in 2016

BLF transactions in 2019 represented 31.25% of the total ADTV on the Bourse compared to the 22% recorded in 2018.

Commenting on the track record and performance of the Fund, Fadhel Makhlooq, SICO’s Chief Capital Markets Officer, said, “The Fund had a positive impact on the BHB despite its reduced size, resulting from paying back in cash 10% of the Fund’s size to its shareholders, in addition to paying out all dividends received during 2019. The increase in the participation rate over last year is a clear manifestation of the Fund’s role as a liquidity provider.”

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