Amman Stock Exchange General Index Rises to 3,920 Points Driven by Services and Financial Sectors
The Amman Stock Exchange concluded the week at a level of 3,920 points, up by 0.93% compared to the previous week, supported by gains in the services sector by 2.63% and the financial sector by 0.94%. Liquidity saw a significant increase, with the average daily trading volume reaching 12.6 million dinars, totaling 62.9 million dinars compared to 46.9 million dinars in the previous week. During this period, about 26.6 million shares were traded through 21,640 transactions involving 127 companies. The financial sector led trading values, accounting for 39.14%, followed by the industrial sector at 34.54%, and the services sector at 26.33%. In terms of stocks, 58 companies saw price increases, led by Philadelphia Pharmaceuticals with an 18.56% rise, while 34 companies experienced declines, the most notable being the Jordanian Insurance, down by 8.99%. The week's performance reflects a continued gradual upward trend as investors await upcoming quarterly earnings announcements.
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