News Details

News Details

03/11/2020
NON-JORDANIAN OWNERSHIP IN COMPANIES LISTED ON THE ASE REACHED 50.2%
Amman Stock Exchange revealed that the value of shares bought by non-Jordanian investors at the ASE in October 2020 was JD 7.8 million, representing 9.4% of the overall trading value, while the value of shares sold by them amounted to JD 6.7 million. As a result, the net of non-Jordanian investments in October 2020 showed a positive value of JD 1.1 million, whereas the net of non-Jordanian investments showed a positive value of JD 153.3 million during the same month of 2019. The value of shares that were bought by non-Jordanian investors since the beginning of the year until the end of October 2020 was JD 81.3 million, representing 9.9% of the overall trading value, while the value of shares sold by them amounted to JD 142.2 million. As a result, the net of non-Jordanian investments showed a negative value of JD 60.9 million, whereas the net of non-Jordanian investments showed a positive value of JD 106.1 million for the same period of 2019. Arab investors purchases during October 2020 were JD 6.2 million, or 79.3% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD 1.6 million, constituting 20.7% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD 4.6 million, or 69.0% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD 2.1 million, representing 31.0% of the total sales by non-Jordanians, As a result, the net of Arab investments showed a positive value of JD 1.6 million, whereas the net of non-Arab investments showed a negative value of JD 0.5 million in October 2020. Non-Jordanian investors' ownership in companies listed on ASE by end of October 2020 represented 50.2% of the total market value, 33.3% for Arab investors and 16.9% for non-Arab investors. At the sector level, the non-Jordanian ownership in the financial sector was 53.3%, in the services sector was 18.7% and 61.1% in the industrial sector.