Bahrain-based regional investment bank Securities and Investment Company (Sico) handled 32.45 per cent of all transactions on the Bahrain Bourse in 2011, 31.9 per cent by total market volume and 38.63 per cent by total value traded.
Bahrain-based Securities and Investment Company (Sico) has announced a net profit of BD1.127 million ($2.989 million) for the second quarter of 2011, compared to a loss of BD 627,000 for the first quarter of the year.
Net profit for the co
Bahrain-based Securities and Investment Company (SICO) posted a loss of BD627,000 ($1.7 million) in the first quarter of the year against a profit of BD1.28 million for the same period of 2010.
Operating income was down from BD2.239 millio
Bahrain-based Securities and Investment Company (Sico) has maintained its leading position as the most active broker on the Bahrain Bourse both in terms of volume and value for the 12th consecutive year.
The firm executed a total number of
Securities and Investment Company (Sico), the Bahrain-based investment bank, saw net profit rise to BD3.785 million ($10.038 million) last year, up from BD3.078 million in 2009.
At its annual general meeting at the Golden Tulip Hotel yeste
Despite substantial volatility during the year Bahrain-based Securities and Investment Company (Sico) funds continued performing strongly.
The high ratings AA and A assigned to the Sico's funds by Standard & Poor's, were re-aff
Bahrain-based Securities and Investment Company (Sico) posted a net profit of BD3.785 million ($10 million) for last year compared to BD3.078 million at the end of 2009, an increase of 23 per cent.
'The financial markets remained volat
Bahrain-based Securities and Investment Company (Sico) said its net profit for the third quarter fell to BD743,000 ($1.9 million) from BD1.57 million ($4.16 million) posted during the same period last year.
Announcing the results, Sico CEO
The outlook for GCC asset management industry is bright despite the impact of global financial crisis on the region, says an expert.
'The global financial crisis triggered a chain reaction, which reached the GCC almost simultaneously,
Oxford Business Group (OBG) has joined forces with Securities and Investment Company (SICO) to publish its latest business guide, The Report: The Bahrain 2010.
The partnership, which marks five years of successful collaboration, will see S