Jordan Times
Wednesday, April 14, 2004
Net ASE foreign
investment rises to JD91.5m in 2 months
AMMAN (Petra) — Net foreign investment at the Amman Stock Exchange (ASE) rose
during the first two months of this year by JD91.5 million compared to JD6
million during the same period last year, according to ASE figures.
Stocks purchased by non-Jordanians stood at around JD165 million, representing
16 per cent of the overall trading volume whereas stocks sold amounted to JD74
million, the figures indicated.
Purchase transactions by Arab investors totalled JD158 million, accounting for
95.5 per cent of the overall non-Jordanian purchases. Foreign investors
accounted for the remainder 4.5 per cent or JD7 million.
Stocks sold by Arab investors stood at JD43 million, around 58.5 per cent of the
overall sales transactions carried out by non-Jordanian investors. Stocks sold
by foreign investors totalled JD30.7 million, or 42 per cent of the overall
sales transactions by non-Jordanian businessmen.