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Jordan Clothing to resume trading Wednesday

Jordan Clothing to resume trading Wednesday
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Mubasher: Jordan Clothing Co. will resume trading on Amman Stock Exchange (ASE) on Wednesday, at a benchmark price of JOD 0.61 a share.

The resumption decision came after the company completed the procedures of reducing capital to JOD 1.9 million from JOD 4 million, according to a bourse statement.

The company deepened its losses in the first nine months of 2015 by 8.75% to JOD 391,600 ($551,200), compared with JOD 360,100 ($506,800) a year earlier.