Amman - Arabstoday
Benchmark of the Jordanian bourse rose in last week's trading 70.6 points and trading 17.3 percent, according to official figures of the local stock market released on Friday. Analysts believe that the bullish trend of the stock market that had involved 120 companies since start of the week was attributed to the positive results of the companies and luring stock prices. The benchmark rose upon closing of the week session to 2,246.2 points, compared to 2,175.6 points the previous week, with a rise of 3.24 percent. Daily stock volume amounted to USD 19.9 million compared to USD 16.9 million of the week before, with a rise of 17.3 percent, while the overall stock volume reached 99.7 million in contrast to USD 85 million the previous week. Number of the traded shares reached 107.2 million, exchanged through 32,149 deals. Stocks of 120 companies rose and those of 35 firms dropped