Non-Jordanians ownership in listed companies hit 50%
04-11-2020 10:48 PM
Ammon News -
Ammon News - Non-Jordanian investments at the Amman Stock Exchange (ASE) in October 2020 stood at 50.2 percent, as Arab investors counted for 33.3 percent while non-Arabs counted for 16.9 percent, according to the ASE.
The shares that were bought by non-Jordanians in October valued at JOD7.8 million, representing 9.4% of the overall trading value, while the value of shares sold by them amounted to JOD6.7 million.
As a result, the net of non-Jordanian investments in October showed a positive JOD1.1 million, whereas the net of non-Jordanian investments showed a positive value of JOD153.3 million for the same period of 2019.
Figures indicate that shares bought by non-Jordanians since the beginning of 2020 through October valued at JOD81.3 million, 9.9 percent of the overall trading, while shares sold by them stood at JOD142.2 million.
As a result, the net of non-Jordanian investments is valued in the negative at JOD60.9 million, whereas the net of non-Jordanian investments showed a positive value of JOD106.1 million for the same period of 2019.
Arab investors purchases in October stood at JOD6.2 million, 79.3 percent of the overall purchases by non-Jordanians, while the non-Arab purchases amounted to JOD1.6 million, constituting 20.7 percent of the total purchases of non-Jordanians.
Arab investors sales amounted to JOD4.6 million, 69 percent of non-Jordanians total sales, while the non-Arab sales amounted to JOD2.1 million, representing 31 percent of the total sales by non-Jordanians.