PM suspends Amman Stock Exchange trading effective tomorrow
Prime Minister, Omar Razzaz, Monday, decided to approve the recommendation of the Board of Commissioners of the Jordan Securities Commission to suspend the Amman Stock Exchange (ASE) trading, as of Tuesday 17/3/2020, until further notice.
The decision, which is based on the provisions of Article 72 of the Securities Law No. 18 of 2017, is aimed at protecting Jordanian traders and companies from the significant negative impact that the global financial markets are facing, due to the ramifications of the emerging global coronavirus COVID-19.
Source: Jordan News Agency