A Military Delegation from the Royal Jordanian National Defense College Visits the ASE
Jordan capital Market Institutions received A Military Delegation from the Royal Jordanian National Defense College and the Faculty members and students at the collage within a visit to Jordan Securities Commission (JSC), Amman Stock Exchange (ASE) and Security Depository Center (SDC) to identify their mechanism and their active role in the national economy and the implementation of economic policy in the Kingdom.
Where participants listened to a briefing by Mr. Tarif, the CEO of the ASE, on the role of the exchange in attracting savings to the national economy through a safe market with a high efficiency for trading securities and fostering investment in Jordan securities, as well as a glance at the new trading system
At the end of the meeting (Q&A) were answered on all aspects of the securities market and the functions of capital market institutions.
S&P Indices and Arab Federation of Exchanges Create S&P AFE 40 Index
Standard & Poor's (S&P) Indices has launched the S&P AFE 40, an index designed to measure the performance of 40 leading companies from the Pan-Arab region. S&P Indices partnered with the Arab Federation of Exchanges (AFE) to create the Index which includes companies from Bahrain, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Palestine, Qatar, Saudi Arabia, Tunisia and the United Arab Emirates. These companies have been selected according to the Standard & Poor's international standards.
The S&P AFE 40 is comprised of the 40 largest stocks (measured by float-adjusted market capitalization- trading volume) listed on AFE member exchanges. In terms of weighting, the S&P AFE 40 uses a capped market capitalization weighted index scheme, where the maximum weight of any constituent cannot exceed 10% and the maximum weight for each country, based on domicile cannot exceed 35%.
For more information on the S&P AFE 40, please visit: www.standardandpoors.com/indices .