Net of Non – Jordanian investment at ASE Increased by JD5.3 million in September

Tuesday, 2 October 2018

The total value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) in September 2018 was JD17.7 million, representing 21.1% of the overall trading value, while the value of shares sold by them amounted to JD12.4 million. As a result, the net of non-Jordanian investments in September 2018 showed an increase by JD5.3 million, compared with a decrease by JD1.1 million during the same month of 2017.

The total value of shares that were bought by non-Jordanian investors since the beginning of the year until the end of September 2018 was JD356.6 million, representing 30.7% of the overall trading value, while the value of shares sold by them amounted to JD323.4 million. As a result, the net of non-Jordanian investments showed an increase of JD33.2 million, compared to a decrease by JD339.9 million for the same period of 2017.

Arab investors purchases since the beginning of the year until the end of September 2018 were JD165.0 million, or 46.3% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD191.6 million, constituting 53.7% of the total purchases. Arab investors sales amounted to JD122.7million, 38.0% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD200.6 million, representing 62.0% of the total sales by non-Jordanians.

Non-Jordanian investors’ ownership in companies listed at the ASE by end of September 2018 represented 49.1% of the total market value, 37.1% for Arab investors and 12.0% for non-Arab investors. At the sector level, the non-Jordanian ownership in the financial sector was 54.8%, in the services sector was 19.0%, and in the industrial sector was 53.6%.