ASE down Tuesday on blue chips

Mubasher: The Amman Stock Exchange (ASE) ended Tuesday’s trading session in the red zone, as the main index lost 0.18% or 3.92 points and closed at the level of 2,174.75 points.

The benchmark index was dragged down by blue chip stocks, as Jopetrol and Invest Bank declined by 0.86% and 2.87% respectively. The stocks combined account for more than 10% of the main index weight.

As for the sectors performance, the services sector fell 0.77% as JTEL led the session’s decliners and dropped 7.36%, despite that Zarka Education and Investment Company was the biggest gainer and surged 7.2%.

The industrial sector slipped 0.23%, as Union Tobacco and Arab Potash lost 1.47% and 1.19% respectively.

On the other hand, the financial sector edged up 0.09% as Jordan Commercial Bank and Arab Bank grew 2.23% and 1.14% respectively.

Total traded values decreased to 6.8 million shares from 12.9 million shares on yesterday’s session, while turnovers declined to JOD 9.4 million from JOD 18.5 million.

Mubasher Contribution Time: 27-Dec-2016 14:51 (GMT)
Mubasher Last Update Time: 27-Dec-2016 14:51 (GMT)