Non-Jordanian ownership in ASE-listed companies reaches 50.3%-statistics

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in April 2021 stood at JD9.52 million, representing 7% of the overall trading value, while the value of shares sold by them amounted to JD9.48 million.

The value of shares that were bought by non-Jordanian investors since the beginning of the year until the end of April 2021 was JD112.3 million, representing 16.6% of the overall trading value, while the value of shares sold by them amounted to JD119.5 million, per the ASE statistics.

As a result, the net of non-Jordanian investments showed a negative value of JD7.2 million, the ASE data showed.

Meanwhile, Arab investors purchases during April 2021 stood at JD8.6 million, or 90.3% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD0.9 million, constituting 9.7% of the overall purchases by non-Jordanians.

Arab investors sales amounted to JD7.1 million, or 74.7% of non-Jordanians’ total sales, while the value of non-Arab sales amounted to JD2.4 million, representing 25.3% of the total sales by non-Jordanians,

As a result, the net of Arab investments showed a negative value of JD1.5 million, whereas the net of non-Arab investments showed a negative value of JD1.5 million in April 2021.

Non-Jordanian investors’ ownership in companies listed on ASE by end of April 2021 represented 50.3% of the total market value, 13.5% for Arab investors and 18.8% for non-Arab investors.

At the sector level, the non-Jordanian ownership in the financial sector was 52.3%, in the services sector was 19.4% and 61.8% in the industrial sector, the ASE figures revealed.

Source: Jordan News Agency

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