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ASE hits highest record since April 2014

ASE hits highest record since April 2014
Photo Credit: Arabianeye-Reuters


The benchmark index of Amman Stock Exchange (ASE) closed on Thursday at 2169.61 points, losing 0.06% or 1.30 points. 


Trading volume reached 16.4million shares, at a turnover of JOD14.59 million, traded through 5731 transactions.


On the sectors level, the service index rose 0.31%, backed by the indices of Philadelphia Int'l Educational Investment Co and Afaq for Energy Co which gained 1.16% and 0.37% respectively.


The financial index also gained 0.02% due to rise in Jordan Kuwait Bank and Bank of Jordan by 0.71% and 0.36% respectively.


Meanwhile, the Industry sector fell 0.16%, pressured by Dar Al Dawa Development and Investment and Arab Potash Co which dropped 1% and 0.52% respectively. But the losses were trimmed by Jordan Phosphate Mines Co which inched up 0.15%.


The top three gainers were the First National Vegetable Oil Industries Co. by 5.56%, Al Shamekha for Real Estate and Financial Investments by 4.94%, and Transport and Investment Barter Company by 4.88%.


The top three decliners were Taameer Jordan Holdings Public Shareholding Company by 7.69%, High Performance Real Estate Investments by 5.00% and Intermediate Petrochemicals Industries Co. Ltd. by 4.76%.