ASE down Wednesday on blue chips

Mubasher: The Amman Stock Exchange (ASE) ended Wednesday’s trading session in the red zone, as the main index lost 0.27% or 5.86 points and closed at the level of 2,164.68 points.

The main index was dragged down by blue chips stocks as Arab Bank, Jopetrol, and Bank of Jordan declined by 0.16%, 0.36%, and 0.34% respectively. The three stocks combined account for nearly 25% of the main index weight.

The services sector decreased by 0.31% as JTEL and AFAQ went down 1.69% and 0.41% respectively, while the financial sector slipped 0.25% as International Cards led the session’s decliners and dropped 4.54%, while United Financial Investments lost 2.24%.

On the other hand, the industrial sector levelled up 0.04%, as Arab Potash gained 1.73% and Dar Al Dawa added 0.94%.

Total traded volumes decreased to 5.82 million shares compared to 6.78 million shares yesterday, while values declined to JOD 5.3 million from JOD 6.53 million.

Mubasher Contribution Time: 18-Jan-2017 14:59 (GMT)
Mubasher Last Update Time: 18-Jan-2017 15:00 (GMT)