Financial, industrial stocks drive Amman bourse lower


Mubasher: Amman Stock Exchange (ASE) ended Sunday in the red zone, weakened by the financial and industrial sectors.

The benchmark lost 2.63 points to close lower 0.12% to 2,139.74 points.

Trading value shrank to JOD 9 million from JOD 12.4 million gained last Thursday, while trading volume recorded 9.7 million shares traded over 4,140 transactions.

Sector-wise, the financial and industrial sectors fell 0.25% and 0.14% respectively, while the services rose 0.13%.

 The advancing stocks were led by El Zay Ready Wear Manufacturing with a rise of 4.76%, while Union Tobacco was the worst loser with a slide of 7.38%.

Last Thursday, the benchmark closed down 0.26% to 2,142.37 points.

Translated by Ahmed El-Sayed Ali

Mubasher Contribution Time: 06-Mar-2016 11:20 (GMT)