ASE ends Monday in red

Mubasher: The Amman Stock Exchange (ASE) declined on Monday, for the second consecutive session, losing 0.7% or 1.5 points, closing at 2135.61 points.

The benchmark index was dragged down by the leading stocks of the banking and industrial sectors, with Bank of Jordan slipping 0.84%, and Jordan Kuwait Bank losing 2.43%, while Eqbal and Dar Al Dawa went down 1.18% and 0.91% respectively.

The Industrial sector shed 0.5%, with JPM leading the session’s losers with 4.54%, despite UMIC growing 3.73% and topping today’s winners.

Similarly, the services sector slipped 0.08%, in spite of “Jopetrol” adding 0.28%, and registering the highest trade value and biggest traded volume, with 246,200 shares traded at an exchange of JOD 876,800.

 On the flipside, the financial sector was the only gainer adding 0.11%.

Traded volume went up to 6.06 million shares from 5.8 million on Sunday, and total turnover also increased to JOD 7.34 million compared to JOD 5.2 million last session.

Mubasher Contribution Time: 08-Aug-2016 15:27 (GMT)
Mubasher Last Update Time: 08-Aug-2016 15:27 (GMT)