Non-Jordanian ownership in companies listed on the ASE reached 47.4%, of which 36% for institutional investors

Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in October 2023 was JD6.2million, representing 5.6% of the overall trading value, while the value of shares sold by them amounted to JD6.0 million.

The value of shares bought by non-Jordanian investors since the beginning of the year until the end of October 2023 was JD125.5 million, representing 9.5% of the overall trading value, while the value of shares sold by them amounted to JD168.4 million.

Arab investors purchases during October 2023 were JD4.6 million, or 74.7% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD1.6 million, constituting 25.3% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD4.8 million, or 79.6% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD1.2million, representing 20.4% of the total sales by non-Jordanians.

Hence, non-Jordanian investors' ownership in companies listed on ASE as of end of October 2023 represented 47.4% of the total market value, of which 36.0% for institutional investors including companies, institutions and funds.  Arab investors own 32.5% 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 20.6% and 53.4% in the industrial sector.