Non-Jordanian ownership in companies listed on the ASE Reached 47.8%, of which 37.1% for institutional investors

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in September 2022 was JD7.3 million, representing 5.6% of the overall trading value, while the value of shares sold by them amounted to JD9.4 million. As a result, the net of non-Jordanian investments in September 2022 showed a negative value of JD2.1 million, whereas the net of non-Jordanian investments showed a negative value of JD3.6 million during the same month of 2021. 

The value of shares bought by non-Jordanian investors since the beginning of the year until the end of September 2022 was JD227.2 million, representing 13.9% of the overall trading value, while the value of shares sold by them amounted to JD312.7 million. As a result, the net of non-Jordanian investments showed a negative value of JD85.5 million, whereas the net of non-Jordanian investments showed a negative value of JD28.2 million for the same period of 2021.

Arab investors purchase during September 2022 were JD6.6 million, or 90.3% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD0.7 million, constituting 9.7% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD8.1 million, or 86.0% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD1.3 million, representing 14.0% of the total sales by non-Jordanians. As a result, the net of Arab investments showed a negative value of JD1.5 million, whereas the net of non-Arab investments showed a negative value of JD0.60 million in September 2022.

Hence, non-Jordanian investors' ownership in companies listed on ASE as of end of September 2022 represented 47.8% of the total market value, of which 37.1% for institutional investors including companies, institutions and funds. Arab investors own 32.2% and non-Arab investors own 15.6%. At the sectoral level, the non-Jordanian ownership in the financial sector was 51.0%, in the services sector was 19.7% and 54.0% in the industrial sector.