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Securities & Investment Company (SICO), the Bahrain
based regionally focused investment bank, today announced first half of 2008 performance results for its GCC equity funds, which have outperformed market indices. SICO’s funds generated strong positive returns to their investors during the year though most of the regional markets continue to face pressure with the overall GCC market losing 9.4% during the year, with Saudi Arabia
, down 15.3%, leading the losses.
The full press release in English & Arabic can be downloaded here .
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