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NON-JORDANIAN OWNERSHIP IN COMPANIES LISTED ON THE ASE REACHED 48.2%

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in September 2021 was JD8.1 million, representing 4.9% of the overall trading value, while the value of shares sold by them amounted to JD11.6 million. As a result, the net of non-Jordanian investments in September 2021 showed a negative value of JD3.5 million, whereas the net of non-Jordanian investments showed a negative value of JD1.4 million during the same month of 2020.

The value of shares bought by non-Jordanian investors since the beginning of the year until the end of September 2021 was JD192.1 million, representing 12.0% of the overall trading value, while the value of shares sold by them amounted to JD220.3 million. As a result, the net of non-Jordanian investments showed a negative value of JD28.2 million, whereas the net of non-Jordanian investments showed a negative value of JD62.1 million for the same period of 2020.

Arab investors purchases during September 2021 were JD7.6 million, or 93.7% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD0.5 million, constituting 6.3% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD9.3 million, or 80.2% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD2.3 million, representing 19.8% of the total sales by non-Jordanians. As a result, the net of Arab investments showed a negative value of JD1.7 million, whereas the net of non-Arab investments showed a negative value of JD1.8 million in September 2021.

Hence, non-Jordanian investors’ ownership in companies listed on ASE as of end of September 2021 represented 48.2% of the total market value, 33.6% for Arab investors and 14.6% for non-Arab investors. At the sectoral level, the non-Jordanian ownership in the financial sector was 52.4%, in the services sector was 21.2% and 52.9% in the industrial sector.

 

Source: Amman Stock Exchange

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