Non-Jordanian Ownership at the ASE Reached 51.1%

The value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) in March 2019 was JD 47.6 million, representing 28.3% of the overall trading value, while the value of shares sold by them amounted to JD 88.2 million. As a result, the net of non-Jordanian investments in March 2019 showed a decrease by JD 40.6 million, compared with an increase of JD 1.6 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 March 2019 was JD 96.8 million, representing 26.9% of the overall trading value, while the value of shares sold by them amounted to JD 139.1 million. As a result, the net of non-Jordanian investments showed a decrease of JD 42.3 million, compared to a decrease by JD 5.1 million for the same period of 2018.

Arab investors purchases since the beginning of the year until the end of March 2019 were JD62.8 million, or 64.9% of the overall purchases by non-Jordanians, while the non-Arab purchases amounted to JD 34.0 million, constituting 35.1% of the total purchases. Arab investors sales amounted to JD 88.0 million, 63.2% of non-Jordanians total sales, while the non-Arab sales amounted to JD 51.2 million, representing 36.8% of the total sales by non-Jordanians.

Non-Jordanian investors' ownership in companies listed at the ASE by end of March 2019 represented 51.1% of the total market value, 36.6% for Arab investors and 14.5% for non-Arab investors. At the sector level, the non-Jordanian ownership in the financial sector was 55.3%, in the services sector was 18.9%, and in the industrial sector was 62.7%.