Mubasher: The Amman Stock Exchange (ASE) ended Wednesday’s trading session in the red zone, as the main index lost 0.17% or 3.69 points and closed at the level of 2,169.34 points.
The main index was dragged down by blue chip stocks as Jopetrol, Al Eqbal, and Bank of Jordan declined by 0.29%, 0.6%, and 0.34% respectively. The three stocks combined account for nearly 23% of the main index weight.
The industrial sector went down 31% as Mobedco and Union Tobacco shed 2.45% and 2% respectively, while the services sector decreased by 0.13%.
Similarly, the financial sector slipped 0.08% as Bank Al Etihad lost 1.99%, however, the sector losses were offset by the gains of the United Financial Investments which led the session’s gainers, as well as Al Amal Investments which grew 1.4% and was the most active in both traded values and volumes with 317,450 shares and a turnover of JOD 225,410.
Total traded volumes rose to 5.9 million shares from 3.79 million shares on yesterday’s session, while traded values increased to JOD 5.1 million shares compared to JOD 4.07 million on Tuesday.