ASE down for 8th session in row

Mubasher: The Amman Stock Exchange (ASE) ended Wednesday’s trading in the red zone for the 8th consecutive session.

The main index lost 0.1% or 2.1 points, and closed at the level of 2,100.29 points, on the back of blue chips, as Arab Bank, Jopetrol, and Al Eqbal declined 0.65%, 0.57%, and 0.48% respectively.

The industrial sector decreased 0.41%, as Universal Modern Industries, and Phosphate Mines went down 3.81%, and 2.59% respectively.

Similarly, the services sector went down by 0.06%, as Orange lost 3.11%.

The financial sector slipped 0.02%, as International Cards dropped 4.54% and led the session’s decliners.

Total traded volume declined to 4.3 million shares from 5.9 million shares in the last session.

Total turnover also decreased to JOD 4.9 million from JOD 5.8 million on Tuesday.

Mubasher Contribution Time: 05-Oct-2016 13:33 (GMT)
Mubasher Last Update Time: 05-Oct-2016 13:33 (GMT)