The ASE Index stood on its feet again after losing ground for quite a while to close at 168.88 points, marking an increase by 1.02% from the previous level. Around 3.879 million shares worth about JD6.825 million were traded through 6,415 contracts (compared to about 5.490 million shares worth JD7.998 million through 7,542 contracts for the previous trading week). The daily average volume was JD1.4 million compared to JD 1.6 million for the previous week.
Arab Bank led the trading. It reached the high of JD 189 and closed at JD 187. Other active banking stocks were Bank of Jordan, Industrial Development Bank and Export & Finance Bank that climbed to JD 2.01, JD 0.92 and JD 1.41 respectively.
Some block deals were executed on Al Daqliah for Hotels & Malls that surged to JD 0.62. Jordan Press Foundation/Al Rai closed flat at JD 9.25 in a thin turnover.
On the industrial front trading cented on two of the most liquid stocks, International Tobacco and Jordan Steel. High activity resumed on Dar Al Dawa and Jordan Phosphate Mines.
Small caps that were still on the run were National Cables & Wire Manufacturing and National Chlorine that climbed to JD 0.56 and JD 1.08 respectively.
