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Article: TRADING VOLUME THINS BY 14.4%
- Article from:
- Info-Prod Research (Middle East)
- Article date:
- January 18, 2007
CopyrightCopyright 2007 Info-Prod Research (Middle East). Provided by ProQuest LLC. (Hide copyright information)
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According to "Jordan Times", total trading volume at the ASE
thinned by 14.4 per cent to JD13.9 billion. Trading volume in the
banking sector halved during the year bringing the sector's
contribution to total trading volume down to 19.8 per cent from 34.1
per cent a year earlier. The services sector was the only sector to
show growth in volumes which reached JD9.1 billion, accounting for
65.8 per cent of overall market volume for the year. These volume
statistics exclude block trades amounting to JD352.0 million in 2006,
compared to JD687.3 million in 2005, while also excluding the JD4.9
million trading volume on rights issues in 2006.JORDAN: MORE
BROKERAGE COMPANIES COMPETE FOR SMALLER ...
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Article: Tejari hits $4 billion in total trading ...
Middle East;
February 12, 2007 ;
700+ words
...Tejari, the region's leading online marketplace, today announced record results for 2006, with revenues up 30%, and net profits more than doubling from last year, up 110%. More than $1.3 billion worth of business was transacted through Tejari during 2006, marking a 33% rise in trading volumes from
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