Mubasher: The Amman Stock Exchange’s (ASE) main index was down 0.29% or 6.3 points to the level of 2164.59 points at the closing of Thursday’s trading session.
The decline was driven by major stocks, as Jordan Petroleum Refinery Co. (Jopetrol) decreased 0.58%, Al Eqbal Investment Co Ltd slid 0.89%, and Jordan Islamic Bank fell by 1.53%. The three companies account for nearly 20% out of the relative weight of the index.
Index performance was affected by an all-sector decline, led by the services sector, which dropped 0.47% on the back of 4 stocks. In addition to Jopetrol, Afaq for Energy Co. slid 0.84% and Jordan Telecom decreased 0.35%.
The industry sector declined 0.23% pressured by 5 leading stocks, led by Jordan Phosphate Mines Co PLC with 2.25% and Lafarge Cement with 1.63%.
The finance sector also inched down 0.19% on the back of 4 stocks, led by Arab Jordan Investment Bank, the worst performer on the ASE today, which dropped 2.85%, while Jordan Ahli Bank lost 1.7%.
Arab Bank was the most active stock in today’s session with a trading volume of 214,400 shares and a trading value of JOD 1.29 million. The stock ended the session flat.
Trading volume rose to 6.13 million shares on Thursday, compared with 5.5 million on Wednesday, while turnover dropped to JOD 9.84 million, from JOD 10.4 million in the previous session.
