Non-Jordanian stake in ASE-listed companies reaches 47% - ASE

AMMAN — The Amman Stock Exchange (ASE) on Wednesday announced that the value of shares bought by non-Jordanian investors at the ASE in March 2024 was JD12.7 million, representing 15.5 per cent of the overall trading value, while the value of shares sold by them amounted to JD10.1million.

The value of shares bought by non-Jordanian investors from the beginning of the year until the end of March 2024 was JD28.2 million, representing 9.5 per cent of the overall trading value, while the value of shares sold by them amounted to JD52.4 million, the ASE announced on its website.

Arab investors' purchases during March 2024 were JD11.8 million, or 92.5 per cent of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD0.9 million, constituting 7.5 per cent of the overall purchases by non-Jordanians. 

Arab investors' sales amounted to JD9.7 million, or 96.2 per cent of non-Jordanians total sales, while the value of non-Arab sales amounted to JD0.4 million, representing 3.8 per cent of the total sales by non-Jordanians.

Non-Jordanian investors' ownership in companies listed on ASE as of the end of March 2024 represented 47 per cent of the total market value, of which 35.4 per cent for institutional investors including companies, institutions and funds.

 At the sectorial level, the non-Jordanian ownership in the financial sector was 51.3 per cent, the services sector was 21.3 per cent and 52.7 per cent in the industrial sector.