Jordan’s benchmark reverses a two-session decline

Mubasher: Jordan’s stock index rose by 0.42%, or 8.75 points to stand at 2,110.52 points at Tuesday’s close. Thus, the gauge snapped a losing run seen in the previous two sessions.

Trading value climbed to JOD 9.3 million from JOD 7.3 million in Monday’s session. The traded volume reached 11 million shares. Further, 4020 transactions were carried out as well.

Sector-wise, the financial sector was the top gainer, with an increase by 0.55%, and was followed by the industrial sector with 0.45% gain. Meanwhile, the services sector took a 0.02% fall.

 A total of 46 companies, out of 118, moved higher, while 34 others suffered a drop.

Jordan Commercial bank’s share came first with a rise of 6.97% to JOD1.38. National Aluminum Industrial took the second place with 6.66% growth to JOD 0.64.

On the negative front, Arab Company for Investment Projects was the worst performer by 6.25% at JOD0.15. Resource Co Development & Invest decreased by 5.88% to JOD0.16.

Mubasher Contribution Time: 19-Jan-2016 11:40 (GMT)