AMMAN —AlGhad— Foreign investments in the Amman Stock Exchange (ASE) has quadrupled in May 2018, from April’s JOD19.9 million to JOD105.8 million, up nearly 450 per cent, according to the ASE’s published data.
Foreign investors hold around 48.5 per cent of the overall shares value of the ASE.
A little over 36.2 per cent of the ASE’s total shares are owned by Arab investors, and 12.3 per cent by non-Arab foreign investors.
Overall, the ASE market index dropped 1.43 per cent over the span of last week, from 2,096.0 points the week before to 2,066.0 points.