ASE closes Sunday in red

Mubasher: The Amman Stock Exchange (ASE) ended Sunday’s trading session in the red zone, losing 0.13% or 2.75 points, and closing at the level of 2,113.08 points

The main index declined on the back of blue chip banks’ stocks, as Arab Bank, Jordan Islamic Bank, and Cairo Amman Bank lost 0.33%, 0.82%, and 0.52% respectively.

The financial sector was dragged down by the banks and decreased 0.16%, as Amad Investment, and United Financial fell 2.6% and 1.94% respectively.

Meanwhile, Al Amal Financial Investment was the most active in traded volume with 305,470 shares.

The services sector slipped 0.03% as Jopetrol and JETT levelled down 0.28% and 0.66% respectively.

On the other hand, the industrial sector was the only gainer today, adding 0.12%, as Arab International Food Factories led the session’s gainers and surged 5.71%, while Phosphate Mines rose 2.94% and was the registered the highest traded value at JOD 326,110.

Total traded volume decreased today to 5.4 million shares compared to 7.6 million on the last session. Total turnover also declined to JOD 4.9 million compared to JOD 7 million.

Mubasher Contribution Time: 18-Sep-2016 13:32 (GMT)
Mubasher Last Update Time: 19-Sep-2016 12:37 (GMT)