Bahrain's All Share Index closed 1.03 points higher at 1,933.82 on April 22, supported by gains in the financial, industrial and real estate sectors, Bahrain Business reported on April 23.

The Bahrain Islamic Index fell 2.59 points to close at 941.93.

A total of 113 equity transactions were carried out on the day, with a volume of 3,038,332 shares worth BHD724,686 ($1.92mn). The financial sector accounted for 37.24% of total securities traded by value.

Other Gulf markets closed lower. Dubai's main share index fell 1.1%, with most stocks ending in negative territory. Blue-chip developer Emaar Properties declined 2.2% and Emirates NBD, Dubai's largest lender, dropped 1.8%.

The Abu Dhabi index lost 0.8%, weighed down by broad-based declines led by real estate stocks.

Saudi Arabia's benchmark TASI index extended losses for a fifth straight session, falling 0.9% with almost all constituents in the red. The Saudi market has been under pressure since April 16 on a combination of wartime uncertainty and heavy dividend distributions, with the index now well below its November 2025 high of 11,465 points.

The Qatari index edged down 0.1%, with Qatar National Bank, the region's largest lender, falling 1.5% and Qatar Navigation losing 1.2%.

Outside the Gulf, Egypt's blue-chip EGX30 index was little changed. Commercial International Bank fell 2% while Eastern Company gained 2.8%.

Regional markets have been volatile throughout the US-Israeli war on Iran that began on February 28 and have remained under pressure during the Pakistan-brokered ceasefire that took effect on April 8. Brent crude rose 5% to $94.72 a barrel on April 20 after the US seizure of the Iranian vessel Touska prompted renewed closure of the Strait of Hormuz.

The ceasefire is due to expire on April 22, with US Vice President JD Vance travelling to Islamabad for a second round of talks with Iran.