The report analyzes investment patterns and trends in the Amman Stock Exchange (ASE) for November 2019. Local Jordanian investors were the most active but had a net negative investment of JD 14.6 million. Regional investors had a net positive investment of JD 15.5 million while international investors had a net negative investment of JD 928 thousand. Jordanians make up over half of ASE ownership while regional investors own about a third. [END SUMMARY]

1. ‫المالية‬ ‫والمؤسسات‬ ‫واالستثمارات‬ ‫للخزينة‬ ‫األهلي‬ ‫مجموعة‬
Ahli Treasury, Investments & Financial Institutions Group
1
INVESTMENT ‫استثمار‬
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov DecIssue
Investment Patterns
Report
Monthly
Report
__________________
November 30th, 2019
The report aims to track investment patterns as they prevail in accordance to the trading activities associated
with the various nationality groups active in ASE.
Latest Trends:
ASE Trading
Local investors
• Bought ASE shares valued at JD 70.546 million,
while selling JD 85.158 million
• Resulting in a negative investment of JD 14.611
million (Compared to a negative investment of JD
153.315 million recorded during October 2019)
Regional Investors
• Bought shares amounting to JD 22.524 million,
opposed to selling JD 6.984 million of ASE shares
• Resulting in a positive investment JD 15.540
million. (Compared to a positive investment JD
157.873 million recorded during October 2019)
International investors
• Bought shares worth JD 324.861 thousand, and
have sold JD 1.253 million of ASE shares
• Resulting in a negative investment of JD 928.248
thousand. (Compared to a negative investment of
JD 4.558 million shown during October 2019)
After examining the number of transactions executed during
November, it was found that Jordanian investors were the most
active as they have executed 92.32% of all transactions,
followed by Palestinian investors with a share of 4.60% and
Iraqi investors with a share equaling to 1.22%.
ASE Ownership
Local investors hold 51.31% of ASE’s total market cap, while
Regional investors hold 34.85% of ASE’s total market cap,
leaving International investors with a share of 13.84%.
With reference to the top ASE nationalities according to
ownership, the Saudi Arabian ownership in ASE ranked second
after Jordanians, owning 6.86%, while Kuwaiti ownership came
in third place with an ownership of 5.12% of ASE market value.
Jordanian
Contribution 92.32%
Iraqi
Contribution 1.22%
Palestinian
Contribution 4.60%
Most Active ASE Nationalities - % No. of Transactions
Local
7,955,130,140
Contribution 51.31%
Regional
5,403,894,213
Contribution 34.85%
Kuwaiti
806,127,648
Contribution 5.12%
ASE Main Nationality Classification - Market Cap. (Value and Percentage):
Top ASE Nationalities’ Ownership—Market Cap. (Value and Percentage):
Saudi Arabian
1,063,278,335
Contribution 6.86%
Jordanian
7,955,130,140
Contribution 51.31%
International
2,145,335,606
Contribution 13.84%
Local
-14,611,753
International
-928,248
Regional
15,540,001
Individual
-14,565,414
Individual
74,724
Individual
402,289
Companies
-647,665
Companies
15,146,284
Companies
450,452
Mutual Funds
-704,509
Mutual Funds
-355,308
Institutions
-8,573
Other
0
Other
0
Other
207,720
Monthly Net Investment Changes—JDs : (Buying value—Selling value)

2. ‫المالية‬ ‫والمؤسسات‬ ‫واالستثمارات‬ ‫للخزينة‬ ‫األهلي‬ ‫مجموعة‬
Ahli Treasury, Investments & Financial Institutions Group
2
INVESTMENT ‫استثمار‬
ASE Nationality Classification - By Sector
Net Investment - JD Million
BySector
Nationality
Sell Buy Net Investment JD
(Market Value)Securities Market Value Securities Market Value
Banking Sector
Local 13,502,980 16,541,991 3,546,691 6,832,545 -9,709,447
Regional 515,619 2,396,741 10,518,670 12,596,872 10,200,131
International 140,295 705,273 93,533 214,590 -490,684
Total Banking 14,158,894 19,644,006 14,158,894 19,644,006
Insurance Sector
Local 2,875,347 3,084,436 2,615,451 2,825,984 -258,452
Regional 2,990 3,110 264,886 264,141 261,032
International 2,000 2,580 0 0 -2,580
Total Insurance 2,880,337 3,090,126 2,880,337 3,090,126
Services Sector
Local 57,648,932 46,966,219 56,141,539 46,111,046 -855,172
Regional 4,878,750 2,743,169 6,932,925 4,049,156 1,305,987
International 691,878 509,654 145,096 58,839 -450,815
Total Services 63,219,560 50,219,041 63,219,560 50,219,041
Industry Sector
Local 17,847,360 18,565,378 16,540,092 14,776,696 -3,788,682
Regional 2,110,071 1,841,644 3,416,924 5,614,495 3,772,851
International 19,923 35,601 20,338 51,432 15,831
Total Industry 19,977,354 20,442,623 19,977,354 20,442,623
All Sectors
Local 91,874,619 85,158,024 78,843,773 70,546,271 -14,611,753
Regional 7,507,430 6,984,663 21,133,405 22,524,664 15,540,001
International 854,096 1,253,108 258,967 324,861 -928,248
Grand Total 100,236,145 93,395,796 100,236,145 93,395,796

3. ‫المالية‬ ‫والمؤسسات‬ ‫واالستثمارات‬ ‫للخزينة‬ ‫األهلي‬ ‫مجموعة‬
Ahli Treasury, Investments & Financial Institutions Group
3
INVESTMENT ‫استثمار‬
ASE Nationality Classification - By Investor Category
Net Investment - JD Million
ByInvestorCategory
Nationality Investor Category
Sell Buy Net Investment JD
(Market Value)Securities Market Value Securities Market Value
Local
Individuals 76,810,266 68,658,712 64,597,424 54,093,298 -14,565,414
Companies 13,644,958 15,701,090 13,988,194 16,151,542 450,452
Mutual Funds 1,353,545 771,806 84,077 67,297 -704,509
Institutions 65,850 26,416 165,027 226,954 200,539
Organizations 0 0 9,051 7,181 7,181
Total 91,874,619 85,158,024 78,843,773 70,546,271 -14,611,753
Regional
Individuals 5,921,451 4,987,462 7,047,713 5,389,751 402,289
Companies 1,585,454 1,988,628 14,085,692 17,134,912 15,146,284
Institutions 525 8,573 0 0 -8,573
Total 7,507,430 6,984,663 21,133,405 22,524,664 15,540,001
International
Individuals 51,282 53,571 174,129 128,295 74,724
Companies 744,533 840,723 82,972 193,058 -647,665
Mutual Funds 58,281 358,815 1,866 3,507 -355,308
Total 854,096 1,253,108 258,967 324,861 -928,248
All Nationalities
Individuals 82,782,999 73,699,745 71,819,266 59,611,345 -14,088,401
Companies 15,974,945 18,530,441 28,156,858 33,479,513 14,949,072
Mutual Funds 1,411,826 1,130,621 85,943 70,804 -1,059,817
Institutions 66,375 34,989 165,027 226,954 191,966
Organizations 0 0 9,051 7,181 7,181
Grand Total 100,236,145 93,395,796 100,236,145 93,395,796

4. ‫المالية‬ ‫والمؤسسات‬ ‫واالستثمارات‬ ‫للخزينة‬ ‫األهلي‬ ‫مجموعة‬
Ahli Treasury, Investments & Financial Institutions Group
4
INVESTMENT ‫استثمار‬
ASE Ownership Classification
OwnershipSectorTop10Nationalities
Serial Nationality
Shareholders Securities Total Value
No. % No. % Amount in JOD %
1 Jordanian 590,896 93.54 4,888,863,285 65.44 7,955,130,141 51.31
2 Saudi Arabian 2,490 0.39 406,038,794 5.44 1,063,278,335 6.86
3 Kuwaiti 2,870 0.45 221,820,532 2.97 806,127,649 5.20
4 Qatari 385 0.06 184,536,894 2.47 751,148,195 4.84
5 Bahraini 127 0.02 338,590,289 4.53 633,359,888 4.09
6 Caymanian 32 0.01 281,735,691 3.77 610,316,253 3.94
7 Libyan 97 0.02 139,670,226 1.87 473,782,662 3.06
8 Chinese 6 0.00 23,294,922 0.31 469,386,600 3.03
9 Lebanese 1,142 0.18 209,049,823 2.80 352,146,424 2.27
10 Palestinian 23,065 3.65 132,339,591 1.77 350,353,611 2.26
11 Other 10,582 1.68 644,472,473 8.63 2,039,330,203 13.15
Total 631,692 100 7,470,412,520 100 15,504,359,959 100
Sector
No. of Regis-
ters
Nationality
Shareholders
No.
% Securities No. %
Total Value
Amount in JD %
Banking 16
Local 71,570 86.99 1,408,941,232 47.18 3,321,757,931 40.16
Regional 9,312 11.32 1,304,055,536 43.67 4,142,585,051 50.09
International 1,388 1.69 273,458,232 9.16 806,745,818 9.75
Total 82,270 100 2,986,455,000 100 8,271,088,800 100
Insurance 23
Local 13,726 95.21 192,785,586 72.12 234,474,152 72.37
Regional 598 4.15 55,068,628 20.60 53,978,590 16.66
International 92 0.64 19,468,638 7.28 35,554,883 10.97
Total 14,416 100 267,322,852 100 324,007,625 100
Services 145
Local 357,539 95.78 2,612,989,287 82.04 2,987,654,796 74.76
Regional 14,491 3.88 364,362,366 11.44 377,125,448 9.44
International 1,262 0.34 207,576,867 6.52 631,815,536 15.81
Total 373,292 100 3,184,928,520 100 3,996,595,781 100
Industry 56
Local 148,061 91.56 674,147,180 65.34 1,411,243,262 48.45
Regional 12,098 7.48 204,896,779 19.86 830,205,123 28.50
International 1,555 0.96 152,662,189 14.80 671,219,368 23.05
Total 161,714 100 1,031,706,148 100 2,912,667,753 100
All Sectors
Local 590,896 93.54 4,888,863,285 65.44 7,955,130,141 51.31
240 Regional 36,499 5.78 1,928,383,309 25.81 5,403,894,213 34.85
International 4,297 0.68 653,165,926 8.74 2,145,335,606 13.84
Grand Total 631,692 100 7,470,412,520 100 15,504,359,960 100

5. ‫المالية‬ ‫والمؤسسات‬ ‫واالستثمارات‬ ‫للخزينة‬ ‫األهلي‬ ‫مجموعة‬
Ahli Treasury, Investments & Financial Institutions Group
5
INVESTMENT ‫استثمار‬
Disclaimer:
The trading and financial related data contained in this report has been obtained from sources considered by Jordan Ahli Bank to be
reliable in all material respects. However, the accuracy, fairness and completeness thereof are not guaranteed by Jordan Ahli Bank and
its employees and its third-party suppliers shall have no liability for errors or omissions with respect to the service or its delivery, re-
gardless of the cause or source of such error or omission. This is not an invitation to buy or sell stocks traded in Amman Stock Exchange.
The Purpose of this report is to provide information and analysis related to Amman Stock Exchange and assists investors to obtain infor-
mation to support their decisions. The reader should not make any investment decision solely based on the information contained in
this report and he/she should consult with his/her investment advisor before investing. This report is a copyright of Jordan Ahli Bank
and should not be reproduced or redistributed partially or fully in away shape or manner without the express written consent of the
Jordan Ahli Bank.
Information Sources
• Amman Stock Exchange: www.exchange.jo
• Securities Depository Center: www.sdc.com.jo
Contact Us:
Lina N. Bakhit
Chief Business Officer—CBO
E-mail: Lina.bakhit@ahlibank.com.jo
Tel.: 520 6000 / Ext: 1800
Majed Hejab
Senior Vice President—SVP
Head of Treasury, Investments and Financial Institutions
E-mail: Majed.Hejab@ahlibank.com.jo
Tel.: 520 6000 / Ext: 1810
Research & Studies Department
Rabe Al-Bataineh
Head of Research and Studies
E-mail: Research.dept@ahlibank.com.jo
Tel.: 520 6000 / Ext: 1814