NON-JORDANIAN OWNERSHIP IN COMPANIES LISTED ON THE ASE REACHED 50.3%

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 March 2020 was JD38.2 million, representing 13.0% of the overall trading value, while the value of shares sold by them amounted to JD73.7 million. As a result, the net of non-Jordanian investments showed a negative value of JD35.5 million, whereas the net of non-Jordanian investments showed a negative value of JD42.3 million for the same period of 2019.

The value of shares bought by non-Jordanian investors at the Amman Stock Exchange (ASE) in March 2020 was JD5.1 million, representing 8.6% of the overall trading value, while the value of shares sold by them amounted to JD 9.8 million. As a result, the net of non-Jordanian investments in March 2020 showed a negative value of JD4.7 million, whereas the net of non-Jordanian investments showed a negative value of JD40.6 million during the same month of 2019.

Arab investors purchases during March 2020 were JD 4.6 million, or 90.2% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD 0.5 million, constituting 9.8% of the total purchases. Arab investors sales amounted to JD 4.3 million, or 43.6% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD 5.6 million, representing 56.4% of the total sales by non-Jordanians.

Non-Jordanian investors’ ownership in companies listed at ASE by end of March 2020 represented 50.3% of the total market value, 33.7% for Arab investors and 16.6% for non-Arab investors. At the sector level, the non-Jordanian ownership in the financial sector was 54.4%, in the services sector was 18.1%, and 61.7% in the industrial sector.

Source: Amman Stock Exchange