NON-JORDANIAN OWNERSHIP IN COMPANIES LISTED ON THE ASE REACHED 48.4%

Industry

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in October 2021 was JD13 million, representing 10% of the overall trading value, while the value of shares sold by them amounted to JD15 million. As a result, the net of non-Jordanian investments in October 2021 showed a negative value of JD2 million, whereas the net of non-Jordanian investments showed a positive value of JD1.1 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 October 2021 was JD205 million, representing 11.9% of the overall trading value, while the value of shares sold by them amounted to JD235.2 million. As a result, the net of non-Jordanian investments showed a negative value of JD30.2 million, whereas the net of non-Jordanian investments showed a negative value of JD60.9 million for the same period of 2020.

Arab investors purchases during October 2021 were JD12 million, or 92.6% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD1 million, constituting 7.4% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD7.9 million, or 53% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD7 million, representing 47% of the total sales by non-Jordanians. As a result, the net of Arab investments showed a positive value of JD4.1 million, whereas the net of non-Arab investments showed a negative value of JD6 million in October 2021.

Hence, non-Jordanian investors’ ownership in companies listed on ASE as of end of October 2021 represented 48.4% of the total market value, 33.7% for Arab investors and 14.7% for non-Arab investors. At the sectoral level, the non-Jordanian ownership in the financial sector was 52.6%, in the services sector was 21.5% and 53.4% in the industrial sector.

 

Source: Amman Stock Exchange