ASE closes in red after 4 rises

Mubasher: The Amman Stock Exchange (ASE) declined on Sunday, losing 0.49% or 10.68 points, closing at 2137.06 points.

Today’s decline ended a four-session rising streak, the main index was pushed down by the banking sector blue chips, with Arab Bank, Jordan Islamic Bank, and Jordan Kuwait Bank losing 0.16%, 1.12%, and 2.83% respectively.

The industrial sector fell 1.7% with Eqbal dropping 3.61%, and JPM leading the decliners with 4.34%, while Universal Modern Industries led the gainer with 7.11%.

Likewise, the financial sector slipped 0.25%, while the services sector levelled up 0.1% on the back of Jopetrol which added 0.84%.

Traded volume decreased to 5.8 million shares, down from 6.23 million shares in the previous session. Total turnover also declined to JOD 5.2 million ($7.33 million) compared to JOD 6.24 million ($8.79 million) on Thursday.

 

Mubasher Contribution Time: 07-Aug-2016 14:41 (GMT)
Mubasher Last Update Time: 07-Aug-2016 14:41 (GMT)