VOL. XLIV

No. 28

9-July-2001

JORDAN

Arab Bank Dominates ASE Trading Despite Management Uncertainties

Arab Bank continues to dominate the 'Amman Stock Exchange (ASE), with its share price starting to regain early year highs despite ongoing question marks over management structures and the recent death of one of its key shareholders. The banks share price closed on 2 July at JD164.50 ($231.7), moving back up towards the JD172.00 ($242.3) high of the previous month. The price turnaround and the...