Non-Jordanian ownership in companies listed on Amman bourse stands at 50.2%

AMMAN — The Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in October 2020 was JD7.8 million, representing 9.4 per cent of the overall trading value, while the value of shares sold by them amounted to JD6.7 million. 

As a result, the net of non-Jordanian investments in October 2020 showed a positive value of JD1.1 million, whereas the net of non-Jordanian investments showed a positive value of JD153.3 million during the same month of 2019, the ASE announced on its website.

The value of shares that were bought by non-Jordanian investors since the beginning of the year until the end of October 2020 was JD81.3 million, representing 9.9 per cent of the overall trading value, while the value of shares sold by them amounted to JD142.2 million. 

As a result, the net of non-Jordanian investments showed a negative value of JD60.9 million, whereas the net of non-Jordanian investments showed a positive value of JD106.1 million for the same period of 2019.

Arab investors purchases during October 2020 were JD6.2 million, or 79.3 per cent of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD1.6 million, constituting 20.7 per cent of the overall purchases by non-Jordanians. 

Arab investors sales amounted to JD4.6 million, or 69.0 per cent of non-Jordanians total sales, while the value of non-Arab sales amounted to JD2.1 million, representing 31.0 per cent of the total sales by non-Jordanians.  As a result, the net of Arab investments showed a positive value of JD1.6 million, whereas the net of non-Arab investments showed  a negative value of JD0.5 million in October 2020.

Non-Jordanian investors’ ownership in companies listed on ASE by the end of October 2020 represented 50.2 per cent of the total market value, 33.3 per cent for Arab investors and 16.9 per cent for non-Arab investors. 

At the sector level, the non-Jordanian ownership in the financial sector was 53.3 per cent, in the services sector it was 18.7 per cent and 61.1 per cent in the industrial sector.