Non-Jordanian Ownership in Companies Listed on the ASE Reached 50.7%

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in February 2021 was JD9.6 million, representing 7.0% of the overall trading value, while the value of shares sold by them amounted to JD12.0 million. As a result, the net of non-Jordanian investments in February 2021 showed a negative value of JD2.4 million, whereas the net of non-Jordanian investments showed a negative value of JD27.1 million during the same month of 2020.

The value of shares bought by non-Jordanian investors since the beginning of the year until the end of February 2021 was JD82.8 million, representing 23.2% of the overall trading value, while the value of shares sold by them amounted to JD86.9 million. As a result, the net of non-Jordanian investments showed a negative value of JD4.1 million, whereas the net of non-Jordanian investments showed a negative value of JD30.8 million for the same period of 2020.

Arab investors purchases during February 2021 were JD8.7 million, or 90.5% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD0.92 million, constituting 9.5% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD8.6 million, or 71.4% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD3.4 million, representing 28.6% of the total sales by non-Jordanians. As a result, the net of Arab investments showed a positive value of JD0.1 million, whereas the net of non-Arab investments showed a negative value of JD2.5 million in February 2021.

Hence, non-Jordanian investors' ownership in companies listed on ASE as of end of February 2021 represented 50.7% of the total market value, 32.0% for Arab investors and 18.7% for non-Arab investors. At the sectoral level, the non-Jordanian ownership in the financial sector was 52.8%, in the services sector was 19.3% and 63.1% in the industrial sector.