Arabian Steel Pipes Manufacturing Experiences Minor Decline on Amman Stock Exchange

Amidst a backdrop of relatively stable market conditions, Arabian Steel Pipes Manufacturing (ASPMM), a notable entity within the industrial sector, saw a slight shift in investor sentiment towards its shares. On October 21, 2025, the company's stock, under the symbol ASPMM, opened at 1.71 JD and reached a low of 1.7 JD, eventually closing at the same price, marking a decrease from the last closing price of 1.75 JD.

Key Takeaways:

• Arabian Steel Pipes Manufacturing's stock price declined by 0.05 JD, a moderate move of -2.86% from its last closing price of 1.75 JD.
• The company operates under the engineering and construction subcategory with a price-to-earnings ratio of 8.23 and a dividend yield of 5.88%.
• The stock's low for the past year was 1.18 JD, and its high was 1.82 JD, illustrating the degree of volatility typical within the industrial sector.
• The company experienced a total value traded of 4,607 JD with 2,703 shares exchanged across two transactions.
• The best bid price for 997 shares was 1.7 JD, while the best ask price for 200 shares was 1.76 JD.

Statistics:

• Closing price on October 21, 2025: 1.7 JD
• Change in value: -0.05 JD
• Moderate move: -2.86%
• Stock's low for the past year: 1.18 JD
• Stock's high for the past year: 1.82 JD
• Price-to-earnings ratio: 8.23
• Dividend yield: 5.88%
• Average price traded during the period: 1.7 JD
• Total value traded: 4,607 JD

Sources:

• Amman Stock Exchange
• Arabian Steel Pipes Manufacturing (ASPMM) stock information