Non-Jordanian Ownership in Companies Listed on the ASE Reached 50.2%

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 August 2020 was JD 66.4 million, representing 10.6% of the overall trading value, while the value of shares sold by them amounted to JD 127.1 million. As a result, the net of non-Jordanian investments showed a negative value of JD60.7 million, whereas the net of non-Jordanian investments showed a negative value of JD 42.4 million for the same period of 2019.

The value of shares bought by non-Jordanian investors at the ASE in August 2020 was JD 7.2 million, representing 7.4% of the overall trading value, while the value of shares sold by them amounted to JD 10.1 million. As a result, the net of non-Jordanian investments in August 2020 showed a negative value of JD 2.9 million, whereas the net of non-Jordanian investments showed a positive value of JD 1.9 million during the same month of 2019.

Arab investors purchases during August 2020 were JD 6.5 million, or 90.1% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD 0.7 million, constituting 9.9% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD 5.5 million, or 54.3% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD 4.6 million, representing 45.7% of the total sales by non-Jordanians, As a result, the net of Arab investments showed a positive value of JD 1.0 million, whereas the net of non-Arab investments showed a negative value of JD 3.9 million in August 2020.

Non-Jordanian investors' ownership in companies listed on ASE by end of August 2020 represented 50.2% of the total market value, 33.7% for Arab investors and 16.5% for non-Arab investors. At the sector level, the non-Jordanian ownership in the financial sector was 53.8%, in the services sector was 18.2% and 61.3% in the industrial sector.