ASE rises on blue chips

Mubasher: The Amman Stock Exchange (ASE) ended Monday’s trading session in the green zone as the main index went up by 0.15% gaining 3.26 points and closed at the level of 2,173.44 points.

The main index rose on the back of blue chip stocks, as Al Eqbal, Bank of Jordan, and Cairo Amman Bank increased by 0.41%, 0.35%, and 1.08%. The three stocks combined account for more than 20% of the main index weight.

The financial sector added 0.15% as Bank Al Etihad grew 0.52%m while International Cards led the session’s decliners and dropped 4.34%, while Al Amal Investment lost 2.38% and was the most active in traded volumes with 750,000 shares and a turnover of JOD 616,830.

Similarly, the services sector gained 0.13% as Jordan Express Tourist Transport (JETT) was today’s top gainer and jumped 7.1%, while Zarka Education rose by 1.59%.

The industrial sector edged up 0.07% as Phosphate Mines added 1.44%.

Total traded volumes 5.85 million shares up from 4.58 million shares on yesterday’s session. Traded values also increased to JOD 6.03 million compared to JOD 5.1 million on Sunday.

Mubasher Contribution Time: 16-Jan-2017 16:47 (GMT)
Mubasher Last Update Time: 16-Jan-2017 16:47 (GMT)