NON-JORDANIAN OWNERSHIP IN COMPANIES LISTED ON THE ASE REACHED 50.6%

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 June 2020 was JD 48.9 million, representing 11.4% of the overall trading value, while the value of shares sold by them amounted to JD 99.8 million. As a result, the net of non-Jordanian investments showed a negative value of JD 50.9 million, whereas the net of non-Jordanian investments showed  a negative value of JD 40.6 million for the same period of 2019.

The value of shares bought by non-Jordanian investors at the (ASE) in June 2020 was JD 6.7 million, representing 6.6% of the overall trading value, while the value of shares sold by them amounted to JD 14.2 million. As a result, the net of non-Jordanian investments in June 2020 showed a negative value of JD 7.5 million, whereas the net of non-Jordanian investments showed a positive value of JD 0.3 million during the same month of 2019.

Arab investors purchases during June 2020 were JD 6.0 million, or 88.9% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD 0.7 million, constituting 11.1% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD 5.0 million, or 35.3% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD 9.2 million, representing 64.7% of the total sales by non-Jordanians.

Non-Jordanian investors’ ownership in companies listed on ASE by end of June 2020 represented 50.6% of the total market value, 34.3% for Arab investors and 16.3% for non-Arab investors. At the sector level, the non-Jordanian ownership in the financial sector was 54.9%, in the services sector was 18.3% and 61.8% in the industrial sector.

 

Source: Amman Stock Exchange