ASE rises Tuesday on blue chips

Mubasher: The Amman Stock Exchange (ASE) ended Tuesday’s trading session in the green zone, as the main index % or 4.8 points, and closed at the level of 2,185.98 points.

The main index rose on the back of blue chip stocks, as Arab Bank added 0.16%, while Al Eqbal and Al Itihad Bank grew 0.08% and 3.06% respectively. The three stocks combined account for more than 20% of the benchmark index weight.

All the market sectors indices closed in green. The industrial sector rose by 0.58% as Arab Potash led the session gainers surged 3.88%, while Phosphate Mines added 0.44%.

The financial sector gained 0.17% as Jordan Commercial Bank increased by 0.74%.

Al Amal Investments was the most active in traded volumes and vales with 274,150 shares and a total turnover of JOD 1.31 million.

The services sector edged up 0.01%, as Duty Free Shops and Afaq added 1.19% and 0.42% respectively.

Total traded volumes reached 6.04 million shares up from 4.3 million shares on yesterday’s session, while traded values declined to JOD 5.94 million compared to JOD 36.8 million.

Mubasher Contribution Time: 20-Dec-2016 15:34 (GMT)
Mubasher Last Update Time: 20-Dec-2016 15:34 (GMT)