ASE closes in red, values exceed JOD110m

Mubasher: The Amman Stock Exchange (ASE) ended Wednesday’s trading session in the red zone, as the main index slipped 0.12% or 2.57 points and closed at the level of 2,141.79 points.

The main index declined today on the back of blue chip stocks, as Al Eqbal Investment, Cairo Amman Bank, Islamic Bank of Jordan, and Jordan Kuwait Bank lost 0.97%, 0.52%, 0.53%, and 1.34% respectively, the four stocks account for more than 20% of the index weight.

In the same way, ASE Index was dragged down by the sectors group fall, led by the industrial sector which edged down 0.49% as Jordan Phosphate was today’s biggest loser and dropped 2.19%, despite that Lafarge led the session’s gainers and grew 2.66%.

Likewise, the financial and the services sector slid 0.05% and 0.04% respectively.

Total traded volumes increased to 9.2 million shares from 7.8 million shares on Tuesday’s session, and total turnover surged to JOD 110.5 million compared JOD 15.4 million in last session.

Mubasher Contribution Time: 23-Nov-2016 13:33 (GMT)
Mubasher Last Update Time: 23-Nov-2016 13:33 (GMT)