ASE fails to stay in green zone; 0.45% down

Mubasher: The Amman Stock Exchange’s (ASE) main index returned to red again on Tuesday, as it fell by 0.45% or 9.08 points to 2,001.04 points.

Tuesday’s trading value rose to JOD 5.8 million, versus JOD 4.7 million yesterday. The trading volume also surged to 5.6 million shares exchanged in 2.39 trades.

The Amman Stock Exchange’ s (ASE) sectors moved down collectively, headed by the financial sector with a drop of 0.56%, then the industrial and services sectors with (-0.53%) and (-0.12%), respectively.

The index was negatively affected by a fall in prices after only 26 shares ended up out of 144 shares.

Real Estate & Investment Portfolio Company was the top loser with a decline of 7.4% to JOD 0.75, followed by Jordanian Real estate Company for Development which fell by 4.91% to JOD 0.58.

Meanwhile, Arab Company for Investment Projects moved 7.14% up to lead the risers, followed by Irbid District Electricity with a 6.98% increase.

ASE main index closed Monday with a rise of 0.37% to 2,010.12 points.

Mubasher Contribution Time: 17-Nov-2015 11:53 (GMT)