(MENAFN- Qatar News Agency) Amman Stock Exchange (ASE) index, weighted by free float shares, dropped marginally in 2012 by 37 points or 1.854% when the bourse closed the year at 1958 points compared to the closing at 1995 points in 2011.
ASE Acting Chief Executive Officer Nader Azar said the trading value for the ASE during 2012 reached JD2.0 Billion (US$ 2.816 Billion) compared to JD2.9 Billion (US$ 4.084 Billion) for 2011.
The number of traded shares also witnessed a decrease during 2012 of 41.1% and reached 2.4 billion shares, traded through 975,000 transactions, compared with 4.1 billion shares traded during 2011 through 1.3 million transactions.
The share turnover ratio has decreased to reach 33.9% during 2012, compared with 58.2% during 2011, the bourse said.
The non-Jordanian ownership as a percentage of market capitalization of the ASE increased to 51.7% at the end of 2012, compared with 51.3% at the end of the year 2011.
The net non-Jordanian investments in the ASE increased by JD37.7 Million (US$ 53.09 Million) during 2012 compared with the increase of JD78.6 Million (US$ 110.70 Million) noted in 2011.
The market capitalization of listed shares at the ASE amounted to JD19.1 billion, constituting 93.5% of the country's GDP.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.