ASE: Non-Jordanian ownership in companies listed reaches 50.5%

Amman, The value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) in September 2019 stood at JD42.1 million, representing 25.7% of the overall trading value, while the value of shares sold by them amounted to JD46.9 million, according to the ASE statistics.

As a result, the net of non-Jordanian investments in September 2019 showed a negative value of JD4.8 million, whereas the net of non-Jordanian investments showed a positive value of JD5.3 million during the same month of 2018.

The value of shares that were bought by non-Jordanian investors since the beginning of the year until the end of September 2019 was JD266.3 million, representing 24.0% of the overall trading value, while the value of shares sold by them amounted to JD313.6 million.

As a result, the net of non-Jordanian investments showed a negative value of JD47.3 million, whereas the net of non-Jordanian investments showed a positive value of JD33.2 million for the same period of 2018.

As for Arab investors, figures showed that their purchases since the beginning of the year until the end of September 2019 amounted to JD138.7 million, or 52.1% of the overall purchases by non-Jordanians, while the non-Arab purchases amounted to JD127.7 million, constituting 47.9% of the total purchases.

Arab investors sales reached JD206.3 million, 65.8% of non-Jordanians total sales, while the non-Arab sales amounted to JD107.3 million, representing 34.2% of the total sales by non-Jordanians.

Non-Jordanian investors’ ownership in companies listed at the ASE represented 50.5% of the total market value, 35.2% for Arab investors and 15.3% for non-Arab investors.

At the sector level, the non-Jordanian ownership in the financial sector was 54.8%, the Non-Jordanian investors’ ownership in companies listed at the ASE in the services sector was 19.3%, and in the industrial sector was 60.2%.

Source: Jordan News Agency