Mubasher: The Amman Stock Exchange (ASE) ended Wednesday’s trading session in the red zone, as the main index slipped 0.1% or 2.18 points and closed at the level of 2,173.77 points.
The main index was dragged down by blue chip stocks, as Arab Bank, Bank of Jordan, Cairo Amman Bank and Bank Al Etihad lost 0.32%, 0.69%, 0.54%, and 1.01% respectively. The four stocks combined account for more than 25% of the main index weight.
The industrial sector declined by 0.32%, as Arab Potash and Phosphate Mines dropped 4.19% and 2.76% respectively, despite that Universal Modern Industries led the session’s gainers and grew 3%.
Similarly, the financial sector fell by 0.18% as Al Amal Investment was today’s biggest loser and plumped 5.56% and was the most active in trade with 358.7 million shares and a total turnover of JOD 315,180.
On the other hand, the services sector added 0.39%, as AFAQ gained 1.84%, while Jopetrol went up by 0.57%.
Total traded volumes declined to 7.7 million shares compared to 9.9 million shares on yesterday’s session. Traded values also decreased to JOD 6.82 million down from JOD 9.6 million on Tuesday.
