ASE down Sunday on blue chips

Mubasher: The Amman Stock Exchange (ASE) ended Sunday’s trading session in the red zone, as the main index lost 0.31% or 6.75 points and closed at the level of 2,170.16 points.

The main index was dragged down on the back of blue chip stocks, as Jopetrol declined 0.28% and registered the highest turnover at JOD 164,470, while Al Eqbal and Bank of Jordan fell by 2.02% and 0.34% respectively. The three stocks combined account for more than 23% of the main index weight.

The industrial sector decreased by 1.1% as Phosphate Mines and Arab Potash plmped 2.34% and 1.52%.

Similarly, the services sector went down by 0.31% as Jordan Press Foundation and JTEL decreased by 2.63% and 0.84% respectively, while Jordan Express Tourist Transport led the gainers and added 3.68%.

The financial sector also slipped 0.04% as Bank Al Etihad and Jordan Islamic Bank shed 2.04% and 0.25% respectively.

Al Amal Investment was the most active in traded volumes with 188,310 shares.

Total traded volumes declined to 4.58 million shares from 5.9 million shares on Thursday, while values decreased to JOD 5.1 million from JOD 5.6 million.

Mubasher Contribution Time: 15-Jan-2017 16:52 (GMT)
Mubasher Last Update Time: 15-Jan-2017 16:52 (GMT)