A
- Advertising Agencies
- Arabic Sweets,
Pastries, Chocolates
- Architects


B
- Banks
- Beauty


C
- Car Rental
- Coffee Shops
- Commerce
- Consulting
- Craft


D
- Data Processing &
Computer Systems
- Decoration &
Furnishing


E
- Environment / Waste
Management Services
- Express Delivery
- Equipment : food
services, catering,
kitchen, laundry


F
- Financial Services
- Flowers
- Food & Beverage


H
- Hotels 3
- Hotels 4 & 5
- Hotels & Suites


I
- Industry
- Insurance
- Interior Design /
Decoration
- Internet


J
- Jewelleries


L
- Leisure
- Lighting


M
- Medias
- Medical / Technology


O
- Office Equipments /
Electronics
- Outside Decoration


P
- Printing


R
- Real Estate
- Restaurants


S
- Security
- Shop Systems
- Superstores


T
- Telecommunication &
Mobile Phones
- Transport
- Travel Agencies










 


 
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French Version

ASE upward trend sets two-year record

The Amman Stock Exchange (ASE) has never been better. The ASE index has risen over the psychological barrier of 140 by more than 20 points, hitting and standing at 160.4 Monday. This is the highest for the ASE since 1999.

Shareholders at the market also gained high earnings on their transactions during the week, something ASE observers say were the highest such earnings in more than seven years. The observers believe the ASE has regained its vital environment as daily transactions at the floor are gradually increasing. The daily average trading at the market increased by 36.2 percent to JD 5 million. Most gains were made on the industrial and the banking sectors. Sources at the ASE said the upward trend in the market was a clear indication the national economy is getting slowly and smoothly back to normal. Traders at the stock market noted that the better performance of trading companies during the first half of 2001 encouraged more investors and shareholders to take part in the daily sessions. According to ASE statistics, the biannual profits of 112 shareholding companies have increased this year by 22.5 percent over the same period of 2000. Such statistics provide evidence profits will remain high through the end of this year.

ASE officials said the price/earnings ratio has increased 5 points to reach 13:1. This makes it closer to the international levels, which stand at 20:1. The officials pointed out earnings growth can become outpaced by share growth. News reports last week suggested many Palestinian investors took part in ASE trading sessions, purchasing hundreds of shares at the market. The rise in ASE transactions came as a surprise after news showing non-Jordanian investment in the market spiraling down to JD 97.8 million in the first eight months of this year. This is the greatest such decline in ASE history. Arab investments comprise about 75 percent of these losses.


Amman,15September2001
The Star redaction
The Star


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Exotica - Flowers - Shopping on line
www.exotica.com.lb
Engineering Consultants Lebanon
www.spectrumlb.com
Nsouli Jewelry Lebanon
www.nsoulijewelry.com
Hotel Beirut Lebanon
acropolishotel.com
Rent Villas France for Holidays, Seasonal Rentals France
www.rent-villas-france.com
Sole Agent for Philips & Whirlpool in Lebanon
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Arab Printing Press Lebanon
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Hotel Beirut Lebanon
www.hotelcavalier.com
Arabic Music, CD Arabia
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Hotels Syria
www.chamhotels.com
Groupe PMR
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