Latest News

IMF reports a projected growth rate of 2.3% for Jordan’s economy for this year. The current account deficit is expected to gradually decline, supported by structural reforms and fiscal consolidation. Indicators for the first few months of this year showed a recovery in exports, tourism receipts and remittances, relative to 2016.

Total value of shares bought by non-Jordanians on the ASE during June amounted to JD 61 million, represeting around 44% of total trading value. Total shares sold by non-Jordanians during that month was JD 12.1 million. (ASE)

The Jordan Securities Commission issued new corporate governance regulations for public shareholding companies, including banks.  The new regulations (Arabic version) can be found at the link below:

http://www.jsc.gov.jo/News/...

Jordan is joining reconstruction efforts in war-ravaged countries in the region, a World Bank official said earlier this month, while urging the Kingdom's private sector to build alliances with counterparts in the Arab world. Abdullah Dardari, senior advisor on reconstruction in the Middle East and...

The Jordan Securities Commission (JSC) issued a draft by-law on Collective Investment Schemes as a consultation paper for comments and requested investors and financial services professionals to contribute views and remarks. Please see link below: 
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Jordan's new Securities Law has been passed by Parliament and published in the Official Gazette, taking effect as of May 16, 2017. Kindly see link below:

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The Middle East Investor Relations Association (MEIRA) signed a Memorandum of Understanding (MOU) with the Amman Stock Exchange on April, 26 during the Arab Federation of Exchange Conference, which took place in Beirut, Lebanon. Alex MacDonald-Vitale, MEIRA Chairman, and Nader Azar, Amman Stock Exchange CEO, signed the...

Headed by the Chairman Bisher Mohammad Jardaneh, INVESTBANK’s general assembly approved in its 34th ordinary meeting the board’s recommendation to distribute JOD 10 million, or 10% of profits in cash dividend to shareholders for 2016. Dividend yield equals 6.7% of the share’s price as of December 31, 2016, and an average of 6.2 %for the past...

London Stock Exchange and Deutsche Bank in partnership with Al Mawared Brokerage are holding a conference on Depositary Receipts on Monday March 13, 2017 at the Jordan Capital Markets premises, in cooperation with The Amman Stock Exchange (ASE). The Jordan Securities Commission (JSC), the capital markets regulator, recently issued new...

ASE Summary as of 22/08/2017

MARKET INDICES

Points % Chg
General 2106.64 -0.39
Financial 2884.72 -0.29
Services 1466.65 -0.75
Industrial 2086.80 -0.32

MARKET ACTIVITY

Value Traded (JD) %
Financial 2,453,113 53.13
Services 1,180,525 25.57
Industrial 983,845 21.31
Total 4,617,485 100.00

TOP 5 GAINERS

Symbol Last % Chg
JEDI 0.43 4.87
REDV 0.46 4.54
JOCM 1.43 4.37
ICAG 1.00 4.16
NCMD 0.78 4.00

TOP 5 LOSERS

Symbol Last % Chg
IBFM 0.15 -6.25
JOMA 0.16 -5.88
GENM 5.42 -4.91
MHFZ 0.78 -4.87
SURA 0.61 -4.68

MOST ACTIVE COMPANIES

Value Traded (JD) %
THMA 381,828 8.27
SURA 288,649 6.25
NAQL 263,661 5.71
JOPT 253,794 5.50
JOIB 239,857 5.19
Total 1,427,790 30.92

Annual Reports

Flash Note - INVESTBANK Reports First Half 2017 Profits

 August 16, 2017

Flash Note - Jordan Sukuk Update

July 19, 2017