Ammon News - The Amman Stock Exchange (ASE) general index recorded a significant rise on Monday, closing at 3,423.34 points, an increase of 1.66 percent, marking its highest level since October 2008, when it last surpassed the 3,400-point mark before the global financial crisis.

This strong performance reflects improved investor sentiment and growing confidence in the local economy, at a time when the Kingdom is witnessing monetary and fiscal stability and preparing to endorse the 2026 budget.
Trading activity also strengthened notably, with total volumes reaching JD13.8 million, indicating renewed investor appetite and increased market liquidity following a period of cautious trading.

The rise was driven by solid third-quarter results, as listed companies’ combined profits rose by nearly 11 percent to around JD1.7 billion. Investors focused on leading stocks in the banking and energy sectors, both of which demonstrated operational stability and resilience.

Government fiscal discipline further reinforced investor confidence, as data from the Ministry of Finance indicated a slowdown in public borrowing and a continued focus on expenditure control, factors seen as balancing stability with growth in the upcoming budget.

The stability of the Jordanian dinar and consistent monetary policy also enhanced the market’s appeal as a safe and predictable investment environment amid regional volatility.

Meanwhile, ongoing regulatory reforms introduced by the Jordan Securities Commission have strengthened disclosure, governance, and transparency, contributing to a more mature and resilient investment climate and reducing speculative trading.

Market analysts believe the current momentum signals continued optimism through the final quarter of 2025, supported by expectations of a balanced 2026 budget and prudent Central Bank of Jordan policies that maintain inflation and currency stability.

They noted that the Amman Stock Exchange appears poised to reaffirm its position as a reflection of economic fundamentals, underpinned by stable policies, renewed confidence, and a clear shift in investor sentiment toward sustainable growth.