Non-Jordanian ownership in companies listed on the ASE Reached 47.9%, of which 37.2% for institutional investors

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in August 2022 was JD123.6 million, representing 41.7% of the overall trading value, while the value of shares sold by them amounted to JD131.3 million. As a result, the net of non-Jordanian investments in August 2022 showed a negative value of JD7.7 million, whereas the net of non-Jordanian investments showed a negative value of JD2.3 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 August 2022 was JD219.9 million, representing 14.6% of the overall trading value, while the value of shares sold by them amounted to JD303.3 million. As a result, the net of non-Jordanian investments showed a negative value of JD83.4 million, whereas the net of non-Jordanian investments showed a negative value of JD24.6 million for the same period of 2021.

Arab investors purchases during August 2022 were JD122.5 million, or 99.1% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD1.1 million, constituting 0.9% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD123.8 million, or 94.3% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD7.5 million, representing 5.7% of the total sales by non-Jordanians. As a result, the net of Arab investments showed a negative value of JD1.3 million, whereas the net of non-Arab investments showed a negative value of JD6.4 million in August 2022.

Hence, non-Jordanian investors' ownership in companies listed on ASE as of end of August 2022 represented 47.9% of the total market value, of which 37.2% for institutional investors including companies, institutions and funds. Arab investors own 32.1% and non-Arab investors own 15.8%. At the sectoral level, the non-Jordanian ownership in the financial sector was 51.1%, in the services sector was 19.5% and 53.9% in the industrial sector.