Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in May 2022 was JD19.7 million, representing 10.5% of the overall trading value, while the value of shares sold by them amounted to JD28.3 million. As a result, the net of non-Jordanian investments in May 2022 showed a negative value of JD8.6 million, whereas the net of non-Jordanian investments showed a negative value of JD2.7 million during the same month of 2021.
The value of shares bought by non-Jordanian investors since the beginning of the year until the end of May 2022 was JD64.0 million, representing 8.3% of the overall trading value, while the value of shares sold by them amounted to JD95.4 million. As a result, the net of non-Jordanian investments showed a negative value of JD31.4 million, whereas the net of non-Jordanian investments showed a negative value of JD9.8 million for the same period of 2021.
Arab investors purchases during May 2022 were JD17.1 million, or 87.0% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted to JD2.6 million, constituting 13.0% of the overall purchases by non-Jordanians. Arab investors sales amounted to JD23.7 million, or 84.1% of non-Jordanians total sales, while the value of non-Arab sales amounted to JD4.5 million, representing 15.9% of the total sales by non-Jordanians. As a result, the net of Arab investments showed a negative value of JD6.6 million, whereas the net of non-Arab investments showed a negative value of JD1.9 million in May 2022.
Hence, non-Jordanian investors' ownership in companies listed on ASE as of end of May 2022 represented 48.0% of the total market value, of which 37.4% for institutional investors including companies, institutions and funds. Arab investors own 31.6% and non-Arab investors own 16.4%. At the sectoral level, the non-Jordanian ownership in the financial sector was 50.4%, in the services sector was 19.6% and 54.1% in the industrial sector.