ASE down 0.15% on blue chips

Mubasher: The Amman Stock Exchange (ASE) ended Wednesday’s trading session in the red zone, as the main index lost 0.15% or 3.26% and closed at the level of 2,172.08 points.

The main index was dragged down by blue chip stocks, as Arab Bank, Jopetrol, and Al Eqbal declined by 0.16%, 1.41%, 0.2% respectively, as well as all the sectors indices, which all closed in red.

The financial sector edged down 0.16%, as Jordan Kuwait Bank and Bank Al Itihad shed 1.57% and 1.46% respectively, despite that Al Amal Investments led the session’s gainers and surged 6.25%.

The sector also had the most active stocks in today’s trade, as United Financial Investments Company recorded the biggest traded volumes with 141,020 shares and added 2.54%, while the Bank of Jordan added 0.34% and registered the highest traded value at JOD 382,860.

Meanwhile, the services sector went down by 0.15%, while the industrial sector slipped 0.04%, as Arabian Steel Pipes Manufacturing led the decliners and dropped 4.42%.

Traded volumes reached 4.62 million shares down from 4.8 million shares on Tuesday’s session, while turnovers increased to JOD 5.21 million compared to JOD 4.8 million yesterday.

Mubasher Contribution Time: 14-Dec-2016 13:24 (GMT)
Mubasher Last Update Time: 14-Dec-2016 13:24 (GMT)