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ASE trading value rises against last week

ASE trading value rises against last week
The benchmark index of Amman Stock Exchange (ASE) closed this week at 2127.2 points, compared to 2145.6 points in the previous week, declining by 0.86%, according to ASE official website.

The average daily trading value over this week, from Sunday December 14 to Thursday December 18, reached JOD 13.1 million against JOD 10.8 million in the previous week, rising by 21.2%%.

Meanwhile, the total trading value, during the week, reached JOD 65.7 million, compared to JOD 54.2 million during the previous week.

Total trading volume reached 83.4 million shares, traded through 27428 transactions.

Shares of 168 companies were traded, of which 62 rose, 80 declined, and 26 remained unchanged.

During the week, industrial index inched up by 0.02%, while both financial index and services index declined by 1.04% and 0.52% respectively.

The financial index led the trading, reaching JOD 35.4 million or 53.8%, followed by the services index with JOD 17.2 million or 26.2%, while the industrial index stood at JOD 13.1 million or 20.0%.

The first three gainers during the week were Transport and Investment Barter Company by 19.64%, Ad-dulayl Industrial Park and Real Estate Company by 13.56%, and The Arab Assurers Insurance Company by 11.76%.

Meanwhile, the first three losers were Darat Jordan Holdings by 11.54%, Jordan Poultry Processing and Marketing by 10.45%, and Arab Company for Investment Projects by 9.09%.

Photo Credit: Arabianeye-Reuters