ASE down on blue chips

Mubasher: The Amman Stock Exchange (ASE) ended Monday’s trading in red, as the main index lost 0.17% or 3.66 points and closed at the level of 2,148.55 points.

The main index was dragged down by blue chip stocks, as Arab Bank, Jopetrol, and Ahli Bank went down by 0.48%, 0.57%, and 0.88% respectively. The three stocks combined account for more than 20% of the main index weight.

As for the sectors performance, the industrial sector declined by 0.58% as Phosphate Mines and Arab Potash lost 3.03% and 2.5% respectively.

The services sector decreased by 0.26% as Jordan Press Foundation and JETT fell 1.35% and 1.16% respectively.

Arab International Hotels led the session’s gainers and jumped 3.27%.

The financial sector also slipped 0.03% as Al Amal Investment was the biggest decliner and dropped 3.65%, while Investbank plumped 2.23%.

Total traded volumes decreased to 4.87 million shares from 5.4 million shares on Sunday, while values declined to JOD 4.51 million compared to JOD 10.9 million.

Mubasher Contribution Time: 23-Jan-2017 14:52 (GMT)
Mubasher Last Update Time: 23-Jan-2017 14:52 (GMT)