Amman Stock Exchange General Index Rises 2%

Amman Stock Exchange General Index Rises 2%
Amman Stock Exchange General Index Rises 2%
The Amman Stock Exchange (ASE) general index rose 2.02% during the week of July 5–9, closing at 3,883.9 points, despite a 21.6% decline in weekly trading value compared with the previous week.
اضافة اعلان
All sector indices posted gains during the week. The industrial sector recorded the strongest performance, rising 5.07%, followed by the services sector, which gained 2.83%, while the financial sector advanced 0.67%.

ASE data showed that the total trading value reached JOD 46.9 million, down from JOD 59.8 million in the previous week. The average daily trading value also declined to JOD 9.4 million, compared with JOD 12 million a week earlier. A total of 20.2 million shares were traded through 17,875 transactions.

The financial sector accounted for the largest share of trading value at JOD 20.45 million, representing 43.62% of total trading. It was followed by the industrial sector with JOD 17.11 million (36.49%), and the services sector with JOD 9.32 million (19.88%).

At the company level, 64 of the 126 listed companies traded during the week recorded share price gains, while 38 companies posted declines. The remaining companies closed unchanged.

The week’s top gainers were:

* Jordan Specialized Investments (+13.33%)
* National Aluminum Industries (+13.04%)
* Phoenix Arab Holdings (+10.14%)
* Safwa Islamic Bank (+9.24%)
* Jordan Insurance (+9.20%)

The biggest losers were:

* Amwaj Real Estate (-13.64%)
* Arab Development for Trade and Global Investments (-5.26%)
* Jordan Poultry Processing and Marketing (-5.00%)
* Saba Renewable Energy (-4.98%)
* Jordan Decapolis Properties (-4.88%)