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Northern Levant




  • Ending on a Cheerful Note

  • Market participants at the Amman Stock Exchange (ASE) were busy this week tidying up their portfolios ahead of the close of the year, which helped maintain activity levels. Approximately 28 million shares, worth JD95.5 million, changed hands during the week, as the AMI advanced by 2.72% and the ASMI rose by 3.99%.
  • Jordan: Sunday, January 02 - 2005 at 12:23 | readers' rating 6/10
  • Banking Hour

  • Prices rose overall this week with market participants directing their attention to the banking sector, which dominated market activity. All in all, 23.3 million shares, valued at JD127.1 million were traded as both the AMI and ASE rose approximately 3.90%.
  • Jordan: Sunday, December 19 - 2004 at 14:55 | readers' rating 6/10
  • Stock Split

  • The Amman Stock Exchange (ASE) faced strong profit taking this week, which played a key role in keeping volumes high. 30.7 million shares, worth JD142.2 million changed hands as both AMI and ASE indices retracted by more than 3%.
  • Jordan: Sunday, December 12 - 2004 at 13:37 | readers' rating 6/10
  • Banks on the Run

  • With more than 44.7 million shares worth JD167.2 million traded, the ASE stayed close to last week's peak volumes, with most of the attention directed towards the Banking sector.
  • Jordan: Sunday, December 05 - 2004 at 20:31 | readers' rating 6/10
  • Arriving at New Heights

  • Amman Stock Exchange (ASE)'s index set a record high of 4020.5 and volumes broke their all time highs reaching JD178.2 million, while both AMI and ASMI settled at 322.22 and 438.11 up 8.75% and 2.76, respectively.
  • Jordan: Monday, November 29 - 2004 at 12:14 | readers' rating 6/10
  • Pumping Liquidity

  • Energies were pent up as investors awaited the first trickle of third quarter results, which are expected to affect the market positively. Consequently, notable levels of liquidity were pumped into the market and directed particularly towards the banking sector, which was responsible for the high volumes of the week.
  • Jordan: Sunday, November 07 - 2004 at 13:15 | readers' rating 5/10
  • Tranquility

  • The Amman Stock Exchange (ASE) managed to regain its equilibrium as investors quieted down with approximately 28.8 million shares worth JD85.8 million exchanged. Consequently the AMI rose by only 0.69% while the ASMI retracted by 1.40% to 270.89 and 406.32, respectively.
  • Jordan: Sunday, October 31 - 2004 at 11:49 | readers' rating 6/10
  • Sizzling Trading Volumes

  • It was a warm week at the Amman Stock Exchange (ASE) as trading concentrated on a selection of large caps. All in all, approximately 33.7 million shares, worth JD102.9 million, changed hands as the AMI and ASE jumped by more than 5% to close at 269.02 and 3393.1, respectively.
  • Jordan: Sunday, October 24 - 2004 at 12:02 | readers' rating 5/10


Index : Northern Levant
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