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GCC investments in ASE hit JD3.9b by October
By JT - Dec 02,2024 - Last updated at Dec 02,2024
The Amman Chamber of Commerce says that investments from Gulf Cooperation Council (GCC) countries in the Amman Stock Exchange (ASE) amounted to JD3.9 billion by the end of October (JT file)
AMMAN — Investments from Gulf Cooperation Council (GCC) countries in the Amman Stock Exchange (ASE) amounted to JD3.9 billion by the end of October, comprising 5,474 contributions and 1.4 billion securities, according to data from the Amman Chamber of Commerce.
Saudi Arabia led the GCC investments with JD1.042 billion, distributed across 2,413 contributions and JD435.1 million securities.
Kuwait followed with JD1.001 billion from 2,131 contributions and JD260.8 million securities, according to the Jordan News Agency, Petra.
Bahrain ranked third, investing JD853 million through 96 contributions, representing 380.1 million securities.
Qatar contributed JD523 million, distributed across 430 contributions and JD197.5 million securities, while the UAE invested JD418 million in 290 contributions, holding JD112 million securities.
Oman rounded out the list with JD32 million, spread across 114 contributions and JD7.4 million securities.
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