Amman Stock Exchange

11/05/2024 | Press release | Distributed by Public on 11/05/2024 06:47

Non-Jordanian ownership in companies listed on the ASE reached 47.3%, of which 32.9% for institutional investors

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investorsat the ASEin October 2024 was JD18.3 million, representing 18.3% of the overall trading value, while the value of shares sold by them amounted to JD15.5 million.

The value of shares bought by non-Jordanian investors since the beginning of the year until the end of October 2024 was JD213.0 million, representing 20.8% of the overall trading value, while the value of shares sold by them amounted to JD237.8 million.

Arab investors purchases duringOctober 2024 were JD13.1 million, or 71.9% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD5.1 million, constituting 28.1% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD13.3 million, or 85.6% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD2.2 million, representing 14.4% of the total sales by non-Jordanians.

Hence, non-Jordanian investors' ownership in companies listed on ASE as of end of October 2024represented 47.3% of the total market value, of which 32.9% for institutional investors including companies, institutions and funds. Arab investors own 31.8% and non-Arab investors own 15.5%. At the sectoral level, the non-Jordanian ownership in the financial sector was 50.8%, in the services sector was 22.3% and 53.1% in the industrial sector.