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Jordanian Shares Slip, Bucking Gains Across Mideast: Inside EM


Jordanian Shares Slip, Bucking Gains Across Mideast: Inside EM
Bloomberg
3 hrs ago
Filipe Pacheco
(Bloomberg) Stocks in Jordan snapped a three-day advance, bucking gains in most Middle East markets, after several arrests were made following what may have been an attempt to destabilize the government of King Abdullah II.
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The Amman Stock Exchange General Index fell as much as 0.6% Sunday, reversing an increase of 0.5% last week. Jordan Petroleum Refinery Co. and Jordan Phosphate Mines fell more than 1%, dragging the index down the most.
Over the weekend, Hasan Bin Zeid, a member of the Jordanian royal family, was held on security grounds along with several others, including a former minister. Saudi Arabia, the United Arab Emirates, Qatar, Egypt and other Arab states expressed support for the king. ....

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