Average stock trading volume down 10.7% last week

Amman Stock Exchange. (File photo: ASE)
AMMAN — The daily average trading volume on the Amman Stock Exchange during the week of September 17-21 was approximately JD3.6 million compared to JD4 million for the previous week, reflecting a decrease of 10.7 percent. اضافة اعلان

The total trading volume for this week reached around JD18.0 million compared to JD20.1 million for the previous week.

The total number of traded shares on the stock exchange during this week was 18.8 million shares, executed through 11,991 contracts, Al-Saa News reported.

Sector variance
The services sector ranked first in its contributions among all Jordanian sectors, accounting for JD7.35 million, representing 40.88 percent of the total trading volume. The financial sector came in second with a volume of JD6.70 million, making up 37.25 percent, and finally, the industrial sector recorded a volume of JD3.93 million, representing 21.87 percent.

The general price index for stocks at the close of this week increased to 2,410.2 points compared to 2,407.1 points for the previous week, with a 0.13 percent increase. On the sectoral level, the price index for the services sector decreased by 0.09 percent, while the financial sector increased by 0.06 percent, and the industrial sector saw a 1.31 percent increase.

When comparing the closing prices of the 127 traded companies' stocks for this week to their previous closing prices, it was found that 57 companies saw an increase in their stock prices, while the prices of 41 companies decreased.

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