Mubasher: The Amman Stock Exchange (ASE) ended Wednesday’s trading session in the red zone, as the main index slipped 0.09% or 1.96 points and closed at the level of 2,127.84 points.
The benchmark index was dragged down on the back of blue chip stocks as Arab Bank, Jopetrol, Cairo Amman Bank, and Islamic Bank of Jordan lost 0.16%, 0.57%, 0.53%, and 1.04% respectively. The four stocks combined account for more than 27% of the main index weight.
The industrial sector declined by 0.36%, as Jordan Steel and Phosphate Mines decreased by 2.85% and 2.25%.
The services sector slipped 0.16%, as Petra Education led the session’s decliners and dropped 4.87%, while JTEL lost 2.09%.
On the other hand, the financial sector added 0.01% as Arab Jordan Investment Bank and Jordan Commercial Bank rose 2.95% and 2.18%.
Total traded volumes decreased to 5.5 million shares from 6.8 million shares on yesterday’s session, while traded values declined to JOD 6.2 million compared to JOD 9.4 million on Tuesday.
