ASE rises Tuesday on banks, blue chips

Mubasher: The Amman Stock Exchange (ASE) ended Tuesday’s trading session in the green zone, as the main index gained 0.27% or 5.67 points, and closed at the level of 2,107.18 points.

The main index rose on the back of banks and blue chip stocks, as Jopetrol gained 1.15% and was the most active in traded volumes with 97,130 shares, while Cairo Amman Bank, Islamic Bank of Jordan, and Invest Bank added 2.19%, 0.26%, and 1.47% respectively.

As for the sectors performance, the services and financial sectors rose 0.74%, and 0.24% respectively.

On the other hand, the industrial sector lost 0.43%, as Phosphate Mines led the session’s decliners and dropped 3.16%, while Al Eqbal went down by 0.37% and registered the highest traded value with JOD 695,140, despite Arabian Steel Pipes Manufacturing leading today’s gainers and surging 3.7%.

Total traded volumes declined to 4.94 million shares from 5.9 million shares last session, total turnover also decreased to JOD 5.88 million compared to JOD 7.3 million on Monday.

Mubasher Contribution Time: 25-Oct-2016 13:40 (GMT)
Mubasher Last Update Time: 25-Oct-2016 13:40 (GMT)