NON-JORDANIAN OWNERSHIP IN COMPANIES LISTED ON THE ASE REACHED 50.1%

The value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) since the beginning of the year until the end of July 2020 was JD 59.2 million, representing 11.1% of the overall trading value, while the value of shares sold by them amounted to JD 117 million. As a result, the net of non-Jordanian investments showed a negative value of JD 57.8 million, whereas the net of non-Jordanian investments showed a negative value of JD 44.3 million for the same period of 2019.

The value of shares bought by non-Jordanian investors at the ASE in July 2020 was JD 10.4 million, representing 10.1% of the overall trading value, while the value of shares sold by them amounted to JD 17.2 million. As a result, the net of non-Jordanian investments in July 2020 showed a negative value of JD 6.8 million, whereas the net of non-Jordanian investments showed a negative value of JD 3.6 million during the same month of 2019.

Arab investors purchases during July 2020 were JD 9.4 million, or 90.8% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD 0.95 million, constituting 9.2% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD 11.1 million, or 64.4% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD 6.1 million, representing 35.6% of the total sales by non-Jordanians.

Non-Jordanian investors’ ownership in companies listed on ASE by end of July 2020 represented 50.1% of the total market value, 33.9% for Arab investors and 16.2% for non-Arab investors. At the sector level, the non-Jordanian ownership in the financial sector was 54.0%, in the services sector was 18.0% and 61.7% in the industrial sector.

 

Source: Amman Stock Exchange