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Non-Jordanians’ net investment value at ASE increases

By JT - Oct 09,2016 - Last updated at Oct 09,2016

AMMAN — The total value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) since the beginning of the year until the end of September was JD388.1 million, representing 23.9 per cent of the overall trading value, according to the ASE website.  

The shares sold by the same bracket amounted to JD268.2 million. Subsequently,  non-Jordanians’ net investments rose by JD119.9 million compared to a drop by JD4.4 million during the same period of 2015.

Arab investors’ purchases totalled JD344.4 million, or 88.7 per cent of the overall purchases by non-Jordanian investors, while the value of non-Arab investors’ purchases amounted to JD43.7 million, constituting 11.3 per cent of the total purchases. 

Arab investors’ sales amounted to JD228.9 million, representing 85.3 per cent of non-Jordanian investors total sales while the value of non-Arab investors’ sales amounted to JD39.3 million, representing 14.7 per cent of the total sales by non-Jordanian investors.

Moreover, the total value of shares that were bought by non-Jordanian investors at the ASE during September 2016 was JD15.7 million, representing 11.3 per cent of the overall trading value whereas the value of shares sold by them amounted to JD36.7 million. 

As a result, net non-Jordanian investments dropped during September 2016 by JD21 million, compared with a JD7.4 million drop during the same month of 2015, according to the ASE statement.

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