Jordanian Stocks Plummet Percent

AMMAN, 22 February 2006 — Jordanian stocks nose-dived for the second consecutive day yesterday amid a sell-off scramble that was blamed mainly on liquidity shortage, financial analysts said. The all share price index of the Amman Stock Exchange slipped 4.5 percent yesterday bringing to 8.13 percent the total loss in two days of trading, according to the ASE daily report. The index closed at 7,624 points down from 7,983 points on Monday. The ASE benchmark price plummeted 12 percent since the beginning of February, dealers said.