ASE closes Thursday down on services, financial sectors

Mubasher: The Amman Stock Exchange (ASE) ended Thursday’s trading session in the red zone, as the main index declined 0.12% or 2.61 points to the level of 2,170.29 points.

The index was dragged down by blue-chip stocks, as the Arab Bank decreased 0.32%, while Jordan Petroleum Refinery lost 0.29%, and Bank of Jordan fell 0.34%.

The services sector inched down 0.21% pressured by 4 stocks led by Jordan Petroleum Refinery, along with Afaq for Energy and Jordan Telecom which fell by 1.28% each.

Meanwhile, the financial sector decreased 0.14% affected by 8 stocks as Amad Investment - the top loser of the day - dropped 3.2% and United Financial Investments which declined 2.75%.

On the other hand, the industry sector grew 0.26% supported by 7 stocks led by The Jordan Worsted Mills - the top winner - which surged 6.43%, and Arab Aluminum Industry which increased 4.52%.

Traded volumes rose to 10.3 million shares, compared with 5.5 million shares on Wednesday, while traded value doubled to JOD 12.4 million from JOD 6.2 million.

Mubasher Contribution Time: 29-Dec-2016 15:22 (GMT)
Mubasher Last Update Time: 29-Dec-2016 15:22 (GMT)