Ammon News - The Amman Stock Exchange (ASE) General Index rose 2.02 percent during the week of July 5-9, closing at 3883.9 points, despite a 21.6 percent drop in weekly trading value, compared to the previous week.

All sector indices recorded gains over the week, with industrial firms soaring by 5.07 percent, the highest among them, while services companies climbed by 2.83 percent, and the financial sector by 0.67 percent.

Data showed turnover was at JD46.9 million, down from JD59.8 million in the previous week. The average daily trading volume decreased to JD9.4 million, compared to JD12 million. The number of shares changing hands was 20.2 million through 17,875 transactions.

The financial sector has the lion's share of the market, at JD20.45 million, or 43.62 percent of total trading, followed by the industrial sector at JD17.11 million, or 36.49 percent, and then the services sector at JD9.32 million, about 19.88 percent.

At company level, share prices of 64 out of 126 companies rose, 38 posted losses, and the rest were flat.

Specialized Jordanian Investment topped the gainers with a 13.33 percent increase, followed by National Aluminium Industrial Company, at 13.04 percent, Arab Phoenix Holdings, at 10.14 percent, Safwa Islamic Bank, at 9.24 percent, and Jordan Insurance, at 9.20 percent.

Conversely, Amwaj Properties topped those losing, dropping by 13.64 percent, followed by Arab Development for Trade and International Investments, down 5.26 percent, Jordan Poultry Processing and Marketing Co. PLC, down 5.00 percent, Saba Energy, down 4.98 percent, and Jordan Decapolis Properties, down 4.88 percent. Petra