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ASE stabilizes, backed by industrial index

ASE stabilizes, backed by industrial index


The benchmark index of Amman Stock Exchange (ASE) remained unchanged on Wednesday, closing at 2168.41 points.


Trading volume reached 17.1 million shares, at a turnover of JOD14.6 million, traded through 4785 transactions.


On the sectors level, the industrial index rose 0.54%, backed by Dar Al Dawa Development and Investment (+ 2.38%) and Al Eqbal Investment Co (+1.65%).
Meanwhile, the financial index inched down 0.01%, pressured by Arab Bank (-1.73%) and Jordan Islamic Bank (-0.27%). But the losses were trimmed by the rise in Cairo Amman Bank - Jordan (+1.96%) and Bank of Jordan (+0.36%).


The service index also fell 0.32%, affected by Jordan Telecom (+1.19%) and Jordan Petroleum Refinery (+0.22%).


It is worth noting that ASE closed on Tuesday at 3.25 points, losing 0.15% or 2168.30 points.



The top three gainers were the Enjaz for Development and Multi Projects Company by 4.92%, Darkom Investment by 4.55% and Ubour Logistic Services by 4.55%.

The top three decliners were Ibn Alhaytham Hospital Company by 5.98%, Arab Company for Investment Projects by 5.00%, Middle East Pharmaceutical and Chemical Industries and Medical Appliances by 5.00%