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ASE in green for 7th session in row

ASE in green for 7th session in row
Photo Credit: Arabianeye-Reuters


The benchmark index of Amman Stock Exchange (ASE) hit its highest level since January 27, 2014 to close on Monday at 2219.90 points, jumping 0.60% or 13.24 points. 


Trading volume reached 19.76 million shares, at a turnover of JOD 18.9 million, traded through 6593 transactions.


The service index registered a rise by 1.14%, affected by Jordan Petroleum Refinery and Jordan Telecom which gained 3.34% and 1.20% respectively.


The financial index also inched up 0.67%, backed by Bank of Jordan, Cairo Amman Bank – Jordan and Jordan Ahli Bank which gained 2.87%, 1.61% and 1.47% respectively.


Meanwhile, the industrial index declined 0.61%, pressured by Arab Potash Co, Jordan Phosphate Mines Co, and Dar Al Dawa Development and Investment which dropped 3%, 2.18% and 0.54% respectively.