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Constituents

ASE100 Sample for the First Quarter 2023

Company's code Symbol code Company's Name Factor Weight
111001 JOIB JORDAN ISLAMIC BANK 0.30 7.13
111002 JOKB JORDAN KUWAIT BANK 0.25 1.89
111003 JCBK JORDAN COMMERCIAL BANK 0.05 0.16
111004 THBK THE HOUSING BANK FOR TRADE AND FINANCE 0.05 1.70
111005 AJIB ARAB JORDAN INVESTMENT BANK 0.30 1.71
111006 SIBK SAFWA ISLAMIC BANK 0.20 1.16
111007 UBSI BANK AL ETIHAD 0.35 3.28
111009 ABCO ARAB BANKING CORPORATION /(JORDAN) 0.15 0.39
111014 INVB INVEST BANK 0.55 2.48
111017 CAPL CAPITAL BANK OF JORDAN 0.4896 9.50
111021 CABK CAIRO AMMAN BANK 0.45 3.52
111022 BOJX BANK OF JORDAN 0.50 6.52
111033 AHLI JORDAN AHLI BANK 0.65 4.09
113023 ARBK ARAB BANK 0.0993 9.50
121002 MEIN MIDDLE EAST INSURANCE 0.05 0.04
121003 AAIN AL-NISR AL-ARABI INSURANCE 0.15 0.18
121004 JOIN JORDAN INSURANCE 0.40 0.49
121007 JERY JERUSALEM INSURANCE 0.30 0.14
121014 GIGJ GULF INSURANCE GROUP - JORDAN 0.05 0.08
121020 AIUI ARAB UNION INTERNATIONAL INSURANCE 0.45 0.04
121025 TIIC THE ISLAMIC INSURANCE 0.40 0.26
121034 FINS FIRST INSURANCE 0.25 0.14
131004 JOEP JORDAN ELECTRIC POWER 0.70 4.03
131005 AIHO ARAB INTERNATIONAL HOTELS 0.30 0.26
131010 IREL IRBID DISTRICT ELECTRICITY 0.15 0.54
131012 SHIP JORDAN NATIONAL SHIPPING LINES 0.30 0.31
131017 JDPC JORDAN DECAPOLIS PROPERTIES 0.15 0.07
131019 TAJM AL-TAJAMOUAT FOR TOURISTIC PROJECTS CO PLC 0.30 0.25
131022 JDFS JORDANIAN DUTY FREE SHOPS 0.20 1.10
131025 JEIH JORDANIAN EXPATRIATES INVESTMENT HOLDING 0.50 0.11
131034 SITT SALAM INTERNATIONL TRANSPORT & TRADING 0.35 0.18
131051 ZEIC AL-ZARQA EDUCATIONAL & INVESTMENT 0.25 0.30
131052 AIEI THE ARAB INTERNATIONL FOR EDUCATION & INVESTMENT. 0.45 1.39
131067 ZARA ZARA INVESTEMENT HOLDING 0.35 0.69
131069 UINV UNION INVESTMENT CORPORATION 0.45 0.38
131073 ULDC UNION LAND DEVELOPMENT CORPORATION 0.10 0.21
131076 JNTH AL-TAJAMOUAT FOR CATERING AND HOUSING CO PLC 0.95 0.11
131077 SPIC SPECIALIZED INVESTMENT COMPOUNDS 0.85 0.17
131080 JETT JORDAN EXPRESS TOURIST TRANSPORT 0.35 0.19
131082 AEIV ARAB EAST INVESTMENT 0.50 0.39
131087 REDV REAL ESTATE DEVELOPMENT 0.15 0.15
131097 CEIG CENTURY INVESTMENT GROUP 0.35 0.04
131098 MALL AL-DAWLIYAH FOR HOTELS & MALLS 0.35 0.24
131101 AQAR THE REAL ESTATE & INVESTMENT PORTFOLIO CO. 0.40 0.05
131206 JTEL JORDAN TELECOM 0.10 1.34
131207 CICO THE CONSULTANT & INVESTMENT GROUP 0.40 0.46
131218 REAL ARAB EAST FOR REAL ESTATE INVESTMENTS CO 0.30 0.09
131221 PEDC PETRA EDUCATION COMPANY 0.30 0.69
131222 PIEC PHILADELPHIA INTERNATIONAL EDUCATIONAL INVESTMENT COMPANY 0.75 0.60
131228 OFTC OFFTEC HOLDING GROUP PLC 0.20 0.06
131229 JRCD JORDANIAN REALESTATE COMPANY FOR DEVELOPMENT 0.60 0.32
131231 AMAL AL-AMAL FINANCIAL INVESTMENTS CO. 0.20 0.09
131232 CEBC AL-FARIS NATIONAL COMPANY FOR INVESTMENT & EXPORT 0.20 0.05
131234 AMAD AMAD INVESTMENT & REAL ESTATE DEVELOPMENT 0.20 0.03
131239 PHNX ARAB PHOENIX HOLDINGS 0.60 0.27
131240 MEET METHAQ REAL ESTATE INVESTMENT 0.35 0.32
131241 COHO CONTEMPRO FOR HOUSING PROJECTS 0.50 0.06
131243 MSFT MASAFAT FOR SPECIALISED TRANSPORT 0.55 0.14
131246 HIPR HIGH PERFORMANCE REAL ESTATE INVESTMENTS 0.75 0.07
131251 FFCO FIRST FINANCE 0.40 0.24
131255 DERA DEERA INVESTMENT & REAL ESTATE DEVELOPMENT CO 0.20 0.14
131256 ABUS COMPREHENSIVE MULTIPLE TRANSPORTATIONS CO. 0.10 0.02
131258 FUTR FUTURE ARAB INVESTMENT COMPANY 0.55 0.13
131260 SALM BABELON INVESTMENTS CO. P.L.C 0.10 0.02
131261 RICS AL-RAKAEZ INVESTMENT CO. 0.35 0.04
131262 RUMM RUM GROUP FOR TRANSPORTATION & TOURISM INVESTMENT 0.95 0.10
131267 KAFA KAFA`A FOR FINANCIAL & ECONOMICAL INVESTMENTS (P.L.C) 0.35 0.03
131269 FRST FIRST JORDAN INVESTMENT COMPANY PLC 0.30 0.16
131270 PROF THE PROFESSIONAL COMPANY FOR REAL ESTATE INVESTMENT AND HOUSING 0.70 0.30
131274 DARA DARAT JORDAN HOLDINGS 0.70 0.10
131278 SHRA SHIRA REAL ESTATE DEVELOPMENT & INVESTMENTS 0.30 0.07
131281 AMWJ AMWAJ PROPERTIES 0.45 0.06
131282 DAIF DAR AL AMAN FOR ISLAMIC FINANCE 0.40 0.04
131285 AMON AMOUN INTERNATIONAL FOR INVESTMENTS 0.55 0.08
131286 MANE AFAQ FOR ENERGY CO. P.L.C 0.10 0.58
141002 JPPC JORDAN POULTRY PROCESSING & MARKETING 0.10 0.10
141003 APCT ARAB COMPANY FOR INVESTMENT PROJECTS 0.25 0.03
141004 JODA JORDAN DAIRY 0.25 0.08
141006 AALU ARAB ALUMINIUM INDUSTRY /ARAL 0.35 0.21
141009 ICAG THE INDUSTRIAL COMMERCIAL & AGRICULTURAL 0.25 0.10
141012 DADI DAR AL DAWA DEVELOPMENT & INVESTMENT 0.60 0.66
141014 JOWM THE JORDAN WORSTED MILLS 0.40 0.39
141018 JOPH JORDAN PHOSPHATE MINES 0.1052 9.50
141036 ATTA COMPREHENSIVE LAND DEVELOPMENT AND INVESTMENT 0.30 0.06
141043 APOT THE ARAB POTASH 0.05 4.50
141052 UMIC UNIVERSAL MODERN INDUSTRIES 0.50 0.19
141058 ATCO INJAZ FOR DEVELOPMENT & PROJECTS 0.35 0.20
141065 RMCC READY MIX CONCRTE AND CONSTRUCTION SUPPLIES 0.45 0.14
141070 JOST JORDAN STEEL 0.75 0.20
141074 UTOB UNION TOBACCO & CIGARETTE INDUSTRIES 0.30 0.06
141091 NATA NATIONAL ALUMINIUM INDUSTRIAL 0.45 0.16
141094 NDAR NUTRI DAR 0.10 0.03
141098 ASPMM ARABIAN STEEL PIPES MANUFACTURING 0.25 0.06
141106 IDMC AD-DULAYL INDUSTRIAL PARK & REAL ESTATE COMPANY P.L.C 0.85 0.36
141141 JVOI JORDAN VEGETABLE OIL INDUSTRIES 0.30 0.09
141209 MBED THE ARAB PESTICIDES & VETERINARY DRUGS MFG. CO. 0.55 0.59
141210 HPIC HAYAT PHARMACEUTICAL INDUSTRIES CO. 0.35 0.30
141214 ASAS ASSAS FOR CONCRETE PRODUCTS CO. LTD 0.30 0.03
141215 UCIC UNITED CABLE INDUSTRIES 0.50 0.18
142041 JOPT JORDAN PETROLEUM REFINERY 0.5793 9.50
         

 

The Amman Stock Exchange calculates a price index weighted by the market capitalization of free-float shares. The market capitalization of each company included in the index is calculated by multiplying its total number of listed shares with the last close price and then by a number called “factor ".

The calculation of this factor depends on the company's free-float ratio that represents the total listed shares minus the shares owned by the board of directors, investors who own more than 5% and any government ownership, and then this factor is multiplied with adjusted weight factor which depends on the weight of company before and after capping. The ASE changes the value of this factor at the time of the index re-balancing.

The weight of each individual company is capped at (10%) in order to prevent the index from being dominated by individual companies. Therefore, the factor value is reduced for any company which weighs more than (10%) of the market capitalization of the index.