Non-Jordanian ownership in companies listed on the ASE reached 47.1%, of which 35.3% for institutional investors

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in February 2024 was JD8.9 million, representing 8.7% of the overall trading value, while the value of shares sold by them amounted to JD31.7 million.

The value of shares bought by non-Jordanian investors since the beginning of the year until the end of February 2024 was JD15.5 million, representing 7.2% of the overall trading value, while the value of shares sold by them amounted to JD42.3 million.

Arab investors purchase during February 2024 were JD8.3 million, or 93.6% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD0.6 million, constituting 6.4% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD10.4 million, or 32.7% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD21.3 million, representing 67.3% of the total sales by non-Jordanians.

Hence, non-Jordanian investors' ownership in companies listed on ASE as of end of February 2024 represented 47.1% of the total market value, of which 35.3% for institutional investors including companies, institutions and funds.  Arab investors own 32.2% and non-Arab investors own 14.9%. At the sectoral level, the non-Jordanian ownership in the financial sector was 51.3%, in the services sector was 21.4% and 52.4% in the industrial sector.