News Details

News Details

04/10/2020
NON-JORDANIAN OWNERSHIP IN COMPANIES LISTED ON THE ASE REACHED 50.2%
Amman Stock Exchange revealed that the value of shares that were bought by non-Jordanian investors since the beginning of the year until the end of September 2020 was JD 73.5 million, representing 10.0% of the overall trading value, while the value of shares sold by them amounted to JD 135.6 million. As a result, the net of non-Jordanian investments showed a negative value of JD 62.1 million, whereas the net of non-Jordanian investments showed a negative value of JD 47.3 million for the same period of 2019. The value of shares bought by non-Jordanian investors at the ASE in September 2020 was JD 7.1 million, representing 6.7% of the overall trading value, while the value of shares sold by them amounted to JD 8.5 million. As a result, the net of non-Jordanian investments in September 2020 showed a negative value of JD 1.4 million, whereas the net of non-Jordanian investments showed a negative value of JD 4.8 million during the same month of 2019. Arab investors purchases during September 2020 were JD 6.3 million, or 87.8% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD 0.9 million, constituting 12.2% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD 6.2 million, or 72.6% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD 2.3 million, representing 27.4% of the total sales by non-Jordanians, As a result, the net of Arab investments showed a positive value of JD 0.1 million, whereas the net of non-Arab investments showed a negative value of 1.5 million in September 2020. Non-Jordanian investors' ownership in companies listed on ASE by end of September 2020 represented 50.2% of the total market value, 33.7% for Arab investors and 16.5% for non-Arab investors. At the sector level, the non-Jordanian ownership in the financial sector was 53.7%, in the services sector was 18.4% and 60.7% in the industrial sector.