Non-Jordanian Ownership in Companies Listed at the ASE Reached 49.1%

The total value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) since the beginning of the year until the end of November 2018 was JD736.1 million, representing 42.6% of the overall trading value, while the value of shares sold by them amounted to JD712.5 million. As a result, the net of non-Jordanian investments showed an increase of JD23.6 million, compared to a decrease by JD331.4 million for the same period of 2017.

The total value of shares that were bought by non-Jordanian investors in November 2018 was JD22.8 million, representing 22.6% of the overall trading value, while the value of shares sold by them amounted to JD26.1 million. As a result, the net of non-Jordanian investments in November 2018 showed a decrease by JD3.3 million, compared with an increase by JD10.9 million during the same month of 2017.

Arab investors purchases since the beginning of the year until the end of November 2018 were JD199.6 million, or 27.1% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD536.5 million, constituting 72.9% of the total purchases. Arab investors sales amounted to JD160.2 million, 22.5% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD552.3 million, representing 77.5% of the total sales by non-Jordanians.

Non-Jordanian investors' ownership in companies listed at the ASE by end of November 2018 represented 49.1% of the total market value, 37.4% for Arab investors and 11.7% for non-Arab investors. At the sector level, the non-Jordanian ownership in the financial sector was 55.0%, in the services sector was 18.0%, and in the industrial sector was 53.8%.