Non-Jordanian ownership in companies listed on the ASE Reached 48.0%, of which 36.9% for institutional investors
Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in January 2023 was JD22 million, representing 11.4% of the overall trading value, while the value of shares sold by them amounted to JD26.1 million. As a result, the net of non-Jordanian investments in January 2023 showed a negative value of JD4.1 million, whereas the net of non-Jordanian investments showed a negative value of JD5 million during the same month of 2022.
Arab investors purchases during January 2023 were JD19.1 million, or 87.0% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD2.9 million, constituting 13.0% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD22.2 million, or 85.2% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD3.9 million, representing 14.8% of the total sales by non-Jordanians. As a result, the net of Arab investments showed a negative value of JD3.1 million, whereas the net of non-Arab investments showed a negative value of JD1.0 million in January 2023.
Hence, non-Jordanian investors' ownership in companies listed on ASE as of end of January 2023 represented 48.0% of the total market value, of which 36.9% for institutional investors including companies, institutions and funds. Arab investors own 31.7% and non-Arab investors own 16.3%. At the sectoral level, the non-Jordanian ownership in the financial sector was 51.6%, in the services sector was 20.8% and 53.7% in the industrial sector.