NON-JORDANIAN OWNERSHIP IN COMPANIES LISTED REACHED 50.5%

The value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) in July 2019 was JD 26.9 million, representing 18.0% of the overall trading value, while the value of shares sold by them amounted to JD 30.5 million. As a result, the net of non-Jordanian investments in July 2019 showed a decrease by JD 3.6 million, compared with an increase by JD 30.0 million during the same month of 2018.

The value of shares that were bought by non-Jordanian investors since the beginning of the year until the end of July 2019 was JD 198.1 million, representing 24.2% of the overall trading value, while the value of shares sold by them amounted to JD 242.4 million. As a result, the net of non-Jordanian investments showed a decrease of JD 44.3 million, compared to an increase by JD 16.3 million for the same period of 2018.

Arab investors purchases since the beginning of the year until the end of July 2019 were JD 105 million, or 53.0% of the overall purchases by non-Jordanians, while the non-Arab purchases amounted to JD 93.2 million, constituting 47.0% of the total purchases. Arab investors sales amounted to JD 141.4 million, 58.3% of non-Jordanians total sales, while the non-Arab sales amounted to JD 101.0 million, representing 41.7% of the total sales by non-Jordanians.

Non-Jordanian investors’ ownership in companies listed at the ASE by end of July 2019 represented 50.5% of the total market value, 35.5% for Arab investors and 15.0% for non-Arab investors. At the sector level, the non-Jordanian ownership in the financial sector was 54.8%, in the services sector was 19.3%, and in the industrial sector was 59.9%.

Source: Amman Stock Exchange