Kuwaiti investments top amongst Arabs in Amman bourse

Home Business Kuwaiti investments top amongst Arabs in Amman bourse 11-07-2013 12:01 AM Ammon News - AMMAN (KUNA) Kuwaiti investments worth USD 1.7 billion top Amman's Stock Exchange amongst Arab peers, and scored second amongst international counterparts, taking a 5.8pct average in Jordan's main bourse. Figures released by the stock exchange reveal that a total 3,200 Kuwaiti entities own 267 million shares in the capital city. The numbers, which focused on non-Jordanian investments since the start of 2013 until June of the same year, revealed that Arab stocks purchased during this period were worth a total USD 1.08 billion, forming 36.9pct of total trading. Stocks sold by non-Jordanian parties were worth USD 940 million, which means that net investments is at around USD 150 million, representing a USD 24 million rise since 2012. On the total value of Arab entity purchases, these were at around USD 996 million, representing 91.4pct of the total purchases made by non-Jordanians against 8.6pct for non-Arabs, who bought stocks worth a total USD 93 million. On the sale of stocks, Arabs made around USD 874 million, representing USD 93pct of selling activities made by non-Jordanians, while non-Arabs, on the other hand, sold USD 66 million worth of stocks with a meagre 0.7pct of the total sales of non-Jordanians. Non-Jordanian contributions amongst listed Jordanian companies represented around 51pct of the total market value - with Arabs occupying 34.2pct of these. Non-Jordanian investments focused on the financial sector (54.4pct), services sector (32.5pct), and industry sector (55.7pct).

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Kuwaiti investments top amongst Arabs in Amman bourse

11-07-2013 12:01 AM

Ammon News - AMMAN (KUNA) Kuwaiti investments worth USD 1.7 billion top Amman's Stock Exchange amongst Arab peers, and scored second amongst international counterparts, taking a 5.8pct average in Jordan's main bourse.

Figures released by the stock exchange reveal that a total 3,200 Kuwaiti entities own 267 million shares in the capital city.

The numbers, which focused on non-Jordanian investments since the start of 2013 until June of the same year, revealed that Arab stocks purchased during this period were worth a total USD 1.08 billion, forming 36.9pct of total trading.

Stocks sold by non-Jordanian parties were worth USD 940 million, which means that net investments is at around USD 150 million, representing a USD 24 million rise since 2012.

On the total value of Arab entity purchases, these were at around USD 996 million, representing 91.4pct of the total purchases made by non-Jordanians against 8.6pct for non-Arabs, who bought stocks worth a total USD 93 million.

On the sale of stocks, Arabs made around USD 874 million, representing USD 93pct of selling activities made by non-Jordanians, while non-Arabs, on the other hand, sold USD 66 million worth of stocks with a meagre 0.7pct of the total sales of non-Jordanians.

Non-Jordanian contributions amongst listed Jordanian companies represented around 51pct of the total market value - with Arabs occupying 34.2pct of these.

Non-Jordanian investments focused on the financial sector (54.4pct), services sector (32.5pct), and industry sector (55.7pct).

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