ASE down Sunday on blue chips

Mubasher: The Amman Stock Exchange (ASE) ended Sunday’s trading session in the red zone, as the main index slipped 0.06% or 1.3 points and closed at the level of 2,170.05 points.

The main index was dragged down by blue chip stocks, as Arab Bank, Jopetrol, and Bank of Jordan lost 0.48%, 0.29%, and 0.34% respectively. The three stocks combined account for nearly quarter of the main index weight.

The services sector declined by 0.24% on the back of Jopetrol as well as JTEL which went down by 2.47%.

The financial sector fell by 0.09% as Amad Investment led the session’s decliners and lost 2.72%, despite that Al Amal investment gained 1.42% and was the most active in both traded volumes and values with 490,730 shares with a turnover of JOD 389,100.

On the other hand, the industrial sector levelled up 0.32%, as Union Tobacco and Al Eqbal grew 5% and 0.86%.

Total traded volumes reached 7.5 million shares down from 7.6 million shares on Thursday. Traded values also decreased to JOD 7.3 million compared to JOD 7.7 million last session.

Mubasher Contribution Time: 08-Jan-2017 14:58 (GMT)
Mubasher Last Update Time: 08-Jan-2017 14:58 (GMT)