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Non-Jordanian ownership in companies listed on the ASE Reached 48.1%, of which 36.8% for institutional investors

ASE

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in December 2022 was JD10.3 million, representing 9.9% of the overall trading value, while the value of shares sold by them amounted to JD7.3 million. As a result, the net of non-Jordanian investments in December 2022 showed a positive value of JD3.0 million, whereas the net of non-Jordanian investments showed a negative value of JD28.8 million during the same month of 2021. 

The value of shares bought by non-Jordanian investors during 2022 was JD274.2 million, representing 13.8% of the overall trading value, while the value of shares sold by them amounted to JD342.2 million. As a result, the net of non-Jordanian investments showed a negative value of JD68.0 million, whereas the net of non-Jordanian investments showed a negative value of JD60.9 million during 2021.

Arab investors purchases during December 2022 were JD4.1 million, or 40.0% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD6.2 million, constituting 60.0% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD6.7 million, or 91.7% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD0.6 million, representing 8.3% of the total sales by non-Jordanians. As a result, the net of Arab investments showed a negative value of JD2.6 million, whereas the net of non-Arab investments showed a positive value of JD5.6 million in December 2022.

Hence, non-Jordanian investors' ownership in companies listed on ASE as of end of December 2022 represented 48.1% of the total market value, of which 36.8% for institutional investors including companies, institutions and funds. Arab investors own 32.5% and non-Arab investors own 15.6%. At the sectoral level, the non-Jordanian ownership in the financial sector was 51.8%, in the services sector was 20.6% and 53.8% in the industrial sector.

 

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