Non-Jordanian ownership in companies listed reached 50.4%

The value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) in August 2019 was JD26.1 million, representing 23.3% of the overall trading value, while the value of shares sold by them amounted to JD24.3 million. As a result, the net of non-Jordanian investments in August 2019 showed an increase by JD1.8 million, compared with an increase by JD11.6 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 August 2019 was JD224.3 million, representing 23.7% of the overall trading value, while the value of shares sold by them amounted to JD266.7 million. As a result, the net of non-Jordanian investments showed a decrease of JD42.4 million, compared to an increase by JD27.9 million for the same period of 2018.

Arab investors purchases since the beginning of the year until the end of August 2019 were JD129.4 million, or 57.7% of the overall purchases by non-Jordanians, while the non-Arab purchases amounted to JD94.9 million, constituting 42.3% of the total purchases. Arab investors sales amounted to JD162.1 million, 60.8% of non-Jordanians total sales, while the non-Arab sales amounted to JD104.5 million, representing 39.2% of the total sales by non-Jordanians.

Non-Jordanian investors' ownership in companies listed at the ASE by end of August 2019 represented 50.4% of the total market value, 35.5% for Arab investors and 14.9% for non-Arab investors. At the sector level, the non-Jordanian ownership in the financial sector was 54.7%, in the services sector was 19.3%, and in the industrial sector was 60.0%.