Northern Levant
Hot Stocks
- The market attempted a turbulence-free landing, as the first six months of the year came to an end and companies closed their books in preparation for posting their semi-annual results.
- Jordan: Sunday, July 06 - 2003 at 11:06
Vibrancy at the Dead Sea
- All eyes and ears were set upon the Dead Sea as the Extraordinary Annual Meeting of the World Economic Forum (WEF) was held at the Jordanian resort.
- Jordan: Sunday, June 29 - 2003 at 10:15
Issues and Interest
- The week got off to a zealous start, with industrials capturing more than 50% of trading volume, as the Central Bank of Jordan (CBJ) lowered its rediscount rate by 0.75%, pumping liquidity into the market. However, as investors' attention shifted towards parliamentary elections, smaller, less active stocks took to center stage.
- Jordan: Sunday, June 22 - 2003 at 10:35
Weathering Regional Turbulance
- The Amman Stock Exchange (ASE) got off to a flying start as the ASE Index reached 196.59. However, the profit-taking wave which ensued managed to push prices down. Nevertheless, it is expected that before the month's out, the market will rise as companies review their stock portfolios prior to publishing their semi-annual figures.
- Jordan: Sunday, June 15 - 2003 at 11:32
Vertical Limits
- The Amman Stock Exchange (ASE) witnessed a week carachterized by an all time high for the ASE index, which reached 196.23 pts, mainly driven by fresh money flowing into the market.
- Jordan: Sunday, June 08 - 2003 at 09:57
East Side, West Side
- The Amman Stock Exchange (ASE) witnessed an active week with a daily average of JD6.58 million. The overall market stepped up slightly as the ASE Index increased by 0.73%, mainly driven by the improvement in small caps' stock prices.
- Jordan: Sunday, June 01 - 2003 at 12:29
Taking a Breather
- The Amman Stock Exchange (ASE) witnessed a calm week with a daily average of JD4.86 million. The overall market dropped slightly as the ASE Index decreased by 0.83%, mainly due to the drop in Arab Bank (ARBK).
- Jordan: Monday, May 26 - 2003 at 19:05
The Liquid State
- The Amman Stock Exchange (ASE) had another week of busy trading with total trading volume reaching JD31.89 million with a daily average of JD7.97 million.
- Jordan: Tuesday, May 20 - 2003 at 16:53
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