[2007-07-03]   Jordan Net foreign investments rise by JD280m
Net foreign investments rose by JD280.3 million during the January-June period of this year compared to JD149 million increase during the same period of 2006.


According to the Amman Stock Exchange (ASE) figures, stocks purchased by non-Jordanian investors during the first six months of 2007 totalled JD1,293.6 million, representing 21 per cent of the overall trading volume, while stocks sold by the same bracket stood at JD1,013.3 million.


Stocks purchased by Arab investors amounted to JD1,126.3 million, representing 87.1 per cent of the overall purchase transactions by non-Jordanian investors, while purchase transactions by non-Arab investors amounted to JD167.3 million, accounting for 12.9 per cent of the overall stocks' purchase volume, the bourse figures showed. Stock sales by Arab investors totalled JD787.4 million, representing 77.7 per cent of overall sales transactions by non-Jordanian investors while sales transactions by non-Arab investors stood at JD225.9 million, accounting for 22.3 per cent of overall sales transactions.


The bourse figures also revealed that net foreign investment grew by JD49.4 million during last month. Stocks purchased by foreign investors during June 2007 totalled JD172.4 million, representing 17 per cent of the overall trading volume, while stocks sold by this bracket amounted to JD123 million.


Source: Zawya