Jordan’s GPI drops slightly in December
The trading value of the Amman Stock Exchange (ASE), which witnessed 15 trading days, reached JD29.5 million during December, a rise of 7.7 percent from JD27.4 million the previous month. The number of traded shares grew by 5.5 percent, up from 24.1 million in November to 25.5 million.
The General Price Index, weighed by market capitalization, recorded a slight decrease of 0.86 percent, compared to November, to close at 133.05 points at months end.
At the end of December, shares owned by non-Jordanians represented 41 percent of ASE capitalization, 35.6 percent of which are owned by Arab investors and 5.4 percent by non-Arabs.
The value of shares sold by non-Jordanians was JD3.4 million, of which 55.9 percent were sold by non-Arabs.
The value of shares purchased by non-Jordanians equalled JD2.7 million, of which 55.6 percent were purchased by non-Arabs, while net non–Jordanian investments reached negatively JD0.7 million.
Net investments by non–Jordanians recorded a 23.8 percent decline to reach JD11.8 million during 2000, compared to JD 15.5 million for 1999. — ( Jordan Times )
© 2001 Mena Report (www.menareport.com)