Non-Jordanian ownership in companies listed on the ASE Reached 47.8%, 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 July 2022 was JD13.8 million, representing 7.5% of the overall trading value, while the value of shares sold by them amounted to JD18.5 million. As a result, the net of non-Jordanian investments in July 2022 showed a negative value of JD4.7 million, whereas the net of non-Jordanian investments showed a negative value of JD2.6 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 July 2022 was JD96.3 million, representing 8.0% of the overall trading value, while the value of shares sold by them amounted to JD172.0 million. As a result, the net of non-Jordanian investments showed a negative value of JD75.7 million, whereas the net of non-Jordanian investments showed a negative value of JD22.4 million for the same period of 2021.

Arab investors purchases during July 2022 were JD13.1 million, or 95.3% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD0.6 million, constituting 4.7% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD15.6 million, or 84.1% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD2.9 million, representing 15.9% of the total sales by non-Jordanians. As a result, the net of Arab investments showed a negative value of JD2.5 million, whereas the net of non-Arab investments showed a negative value of JD2.3 million in July 2022.

Hence, non-Jordanian investors' ownership in companies listed on ASE as of end of July 2022 represented 47.8% of the total market value, of which 37.2% for institutional investors including companies, institutions and funds. Arab investors own 32.0% 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 19.4% and 53.9% in the industrial sector.