NON-JORDANIAN OWNERSHIP IN COMPANIES LISTED ON THE ASE REACHED 50.8%

Industry

Amman Stock Exchange revealed that the value of shares bought by non-Jordanian investors at the ASE in January 2021 was JD73.2 million, representing 33.4% of the overall trading value, while the value of shares sold by them amounted to JD74.9 million. As a result, the net of non-Jordanian investments in January 2021 showed a negative value of JD1.7 million, whereas the net of non-Jordanian investments showed a negative value of JD3.7 million during the same month of 2020.

Arab investors purchases during January 2021 were JD66.7 million, or 91.2% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD6.4 million, constituting 8.8% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD66.5 million, or 88.9% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD8.3 million, representing 11.1% of the total sales by non-Jordanians, As a result, the net of Arab investments showed a positive value of JD0.2 million, whereas the net of non-Arab investments showed a negative value of JD1.9 million in January 2021.

Non-Jordanian investors’ ownership in companies listed on ASE by end of January 2021 represented 50.8% of the total market value, 32.3% for Arab investors and 18.5% for non-Arab investors. At the sectoral level, the non-Jordanian ownership in the financial sector was 52.7%, in the services sector was 19.3% and 64.1% in the industrial sector.

 

Source: Amman Stock Exchange