Non-Jordanian Ownership In Companies Listed Reached 51.7%

Wednesday, 6 March 2019

The value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) in February 2019 was JD 22.9 million, representing 23.2% of the overall trading value, while the value of shares sold by them amounted to JD 24.8 million. As a result, the net of non-Jordanian investments in February 2019 showed a decrease by JD 1.9 million, compared with an increase by JD 0.6 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 February 2019 was JD 49.3 million, representing 25.7% of the overall trading value, while the value of shares sold by them amounted to JD 51.0 million. As a result, the net of non-Jordanian investments showed a decrease of JD 1.7 million, compared to a decrease by JD 6.7 million for the same period of 2018.

Arab investors purchases since the beginning of the year until the end of February 2019 were JD19.4 million, or 39.3% of the overall purchases by non-Jordanians, while the non-Arab purchases amounted to JD 29.9 million, constituting 60.7% of the total purchases. Arab investors sales amounted to JD 41.9 million, 82.2% of non-Jordanians total sales, while the non-Arab sales amounted to JD 9.0 million, representing 17.8% of the total sales by non-Jordanians.

Non-Jordanian investors’ ownership in companies listed at the ASE by end of February 2019 represented 51.7% of the total market value, 36.8% for Arab investors and 14.9% for non-Arab investors. At the sector level, the non-Jordanian ownership in the financial sector was 56.1%, in the services sector was 18.8%, and in the industrial sector was 62.1%.