Jordan Times
Friday, September 9, 2005
Net foreign investment
at ASE rise JD157 million in 8 months
AMMAN (Petra) — Net foreign investment rose during the first eight months of
this year by JD157 million compared to JD88 million during the same period last
year, according to the Amman Stock Exchange (ASE) figures.
Stocks purchased by non-Jordanian investors during the January-August period of
2005 totalled JD1,108.8 million, representing 11 per cent of the overall trading
volume while stocks sold by the same bracket totalled JD951.8 million.
Arab investors accounted for 76.5 per cent of the overall purchase volume while
foreign (non-Arab) investors accounted for the remaining 23.5 per cent, valued
at JD260.3 million.
Sales by Arab investors totalled JD734.5 million, representing 77.2 per cent of
the overall non-Jordanian sales while foreign (non-Arabs) sales totalled JD217.3
million, representing the remaining 22.8 per cent of the overall non-local sales
volume, according to the bourse figures.