The total value of shares that were bought by non-Jordanian investors during January 2009 was JD163.1 million (some US$228 million), representing 27.2% of the overall trading value, while the value of shares sold by them amounted JD158.1 million (US$221 million). As a result, the net of non-Jordanian investment in Amman Stock Exchange during January 2009 showed an increase by JD5.0 million, compared to an increase by JD16.4 million during January 2008.
Arab investors purchases during January 2009 were JD146.3 million, or 89.7% of the overall purchases by non-Jordanians, while the value of non-Arab purchases amounted JD16.8 million, constituting 10.3% of the total purchases. Arab investors sales amounted JD138.0 million, 87.3% of non-Jordanians total sales, while the value of non-Arab sales amounted JD20.1 million, representing 12.7% of the total sales by non-Jordanians.
Non-Jordanian ownership in companies listed at the ASE by end of January 2009 represented 49.4% of the total market value, 34.7% for Arab investors and 14.7% for non-Arab investors. At the sector level, the non-Jordanian ownership in the financial sector was 51.4%, in the services sector was 34.3%, and in the industrial sector was 53.2%. © 2009 Mena Report (www.menareport.com)