Net of Non - Jordanian investment at ASE Increased by JD11.6 million
The total value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) in August 2018 was JD79.5 million, representing 41.5% of the overall trading value, while the value of shares sold by them amounted to JD67.9 million. As a result, the net of non-Jordanian investments in August 2018 showed an increase by JD11.6 million, compared with an increase by JD5.9 million during the same month of 2017.
The total value of shares that were bought by non-Jordanian investors since the beginning of the year until the end of August 2018 was JD338.9 million, representing 31.4% of the overall trading value, while the value of shares sold by them amounted to JD311 million. As a result, the net of non-Jordanian investments showed an increase of JD27.9 million, compared to a decrease by JD338.8 million for the same period of 2017.
Arab investors purchases since the beginning of the year until the end of August 2018 were JD158.9 million, or 46.9% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD179.9 million, constituting 53.1% of the total purchases. Arab investors sales amounted to JD116.5 million, 37.5% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD194.4 million, representing 62.5% of the total sales by non-Jordanians.
Non-Jordanian investors' ownership in companies listed at the ASE by end of August 2018 represented 49% of the total market value, 37.2% for Arab investors and 11.8% for non-Arab investors. At the sector level, the non-Jordanian ownership in the financial sector was 54.7%, in the services sector was 18.8%, and in the industrial sector was 53.3%.