March 29, 2024

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Amman stock market’s benchmark down for 2nd week

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amman stock market
amman stock market

Benchmark of Amman Stock Exchange (ASE) maintained a bearish trend for the second consecutive week shedding 31.2 points in the past week while trading turnover rose 14.8 percent.
According to the ASE weekly report, the main index dropped upon closing in this week’s sessions to 2,101.8 points, compared to 2,133 points the previous week — falling 1.46 percent.
Main index of the financial sector fell 1.74 percent, that of the industries 0.8 percent while the services’ index also decreased, 0.61 percent.
Daily deals’ turnover amounted to USD 7.9 million from USD 6.9 million the week before, with a rise of 14.8 percent.
The week’s total trade amounted to approximately USD 39.6 million, as compared to USD 34.6 million the previous week. Number of traded shares amounted to 24.2 million, done in 15,613 deals.
As to sectors’ contribution to the trading volume, the financial sector ranked top, 67.5 percent, followed by the industries, 23.5 percent. The services’ sector came third, 8.9 percent.
Comparing closing prices of the trading companies’ stocks, totaling 172, with the previous closures, figures showed that 91 ones incurred losses, while those of 49 others posted gains.

Source : KUNA Kuwait News agency

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