
GFH Financial Group's Market Making Activities in August 2024
Summary
GFH Financial Group B.S.C. reported its market-making activities for August 2024, conducted by SICO in Bahrain Bourse and BHM Capital in Dubai and Abu Dhabi exchanges.GFH Financial Group B.S.C., a prominent financial institution in the GCC region, has released its market-making activity report for August 2024. The report, in compliance with the Central Bank of Bahrain's requirements, details the transactions conducted by GFH’s market maker SICO in Bahrain Bourse and liquidity provider BHM Capital in Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX).
According to the report, SICO executed significant market-making transactions on the Bahrain Bourse. The total number of securities purchased amounted to 3,198,598, while the total number of securities sold was 1,274,448. The total money paid for these transactions was USD 1,007,885, and the total money received was USD 411,461. As of August 31, 2024, the securities balance stood at 2,925,000, with a cash balance of USD 4,920,869.
In Dubai and Abu Dhabi, BHM Capital acted as the liquidity provider, ensuring smooth trading and adequate liquidity for GFH’s shares. This strategic move not only aligns with regulatory requirements but also enhances investor confidence and market stability.
GFH Financial Group’s consistent performance and strategic market-making activities reflect its robust financial health and commitment to transparency. The group's diversified investment portfolio, spanning the GCC, US, Europe, and UK, further solidifies its position as a leading financial institution in the region.
Given the positive market-making activities and GFH’s strategic investments, it is advisable for investors to hold their positions in GFH Financial Group. The company’s proactive approach and strong financial metrics indicate a promising future, making it a valuable asset in any investment portfolio.



