The document analyzes investment patterns and trends in the Amman Stock Exchange (ASE) for October 2020. It finds that local Jordanian investors were net sellers of ASE shares, while regional investors from surrounding countries were net buyers. International Western investors were also net sellers. Overall, Jordanian investors make up over half of ASE ownership and trading activity. The top sectors by nationality are banking, services and industry. [END SUMMARY]

1. ‫المالية‬ ‫والمؤسسات‬ ‫واالستثمارات‬ ‫للخزينة‬ ‫األهلي‬ ‫مجموعة‬
Ahli Treasury, Investments & Financial Institutions Group
1
INVESTMENT ‫استثمار‬
Issue
Investment Patterns
Report
Monthly
Report
__________________
October 31st, 2020
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 75.252 million,
while selling JD 76.392 million
• Resulting in a negative investment of JD 1.139
million. (Compared to a positive investment JD
1.367 million recorded during September 2020)
Regional Investors
• Bought shares amounting to JD 6.193 million,
opposed to selling JD 4.602 million of ASE shares
• Resulting in a positive investment JD 1.590 million.
(Compared to a positive investment JD 92.57
thousand recorded during September 2020)
International investors
• Bought shares worth JD 1.619 million, and have
sold JD 2.070 million of ASE shares
• Resulting in a negative investment of JD 451.14
thousand. (Compared to a negative investment of
JD 1.460 million shown during September 2020)
After examining the number of transactions executed during
October 2020, it was found that Jordanian investors were the
most active as they have executed 92.88% of all transactions,
followed by Palestinian investors with a share of 2.96% and
American investors with a share equaling to 1.66%.
ASE Ownership
Local investors hold 53.04% of ASE’s total market cap, while
Regional investors hold 32.02% of ASE’s total market cap,
leaving International investors with a share of 14.95%.
With reference to the top ASE nationalities according to
ownership, the Saudi Arabian ownership in ASE ranked second
after Jordanians, owning 6.40%, while Bahraini ownership came
in third place with an ownership of 4.60% of ASE market value.
Jordanian
Contribution 92.88%
American
Contribution 1.66%
Palestinian
Contribution 2.96%
Most Active ASE Nationalities - % No. of Transactions
Local
6,943,460,657
Contribution 53.04%
Regional
4,192,031,488
Contribution 32.02%
Bahraini
602,868,623
Contribution 4.60%
ASE Main Nationality Classification - Market Cap. (Value and Percentage):
Top ASE Nationalities’ Ownership—Market Cap. (Value and Percentage):
Saudi Arabian
838,460,657
Contribution 6.40%
Jordanian
6,943,460,657
Contribution 53.04%
International
1,956,628,472
Contribution 14.95%
Jan
Local
- 1,139,653
International
- 451,146
Regional
1,590,800
Individual
- 2,005,317
Individual
614,867
Individual
544,367
Companies
132,618
Companies
1,062,058
Companies
809,082
Mutual Funds
17,458
Mutual Funds
-1,198,631
Mutual Funds
- 15,625
Other
0
Other
0
Other
39,124
Monthly Net Investment Changes—JDs : (Buying value—Selling value)
Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

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 2,505,540 4,353,288 2,945,541 4,648,987 295,699
Regional 839,215 1,377,665 954,606 2,020,513 642,848
International 749,370 1,729,581 193,978 791,034 -938,547
Total Banking 4,094,125 7,460,535 4,094,125 7,460,535
Insurance Sector
Local 2,701,788 1,993,909 2,714,847 2,000,589 6,681
Regional 10,753 4,194 161 79 -4,115
International 2,467 2,566 0 0 -2,566
Total Insurance 2,715,008 2,000,668 2,715,008 2,000,668
Services Sector
Local 78,167,472 51,897,906 73,981,639 50,400,726 -1,497,180
Regional 3,355,366 1,748,107 6,569,617 2,654,429 906,322
International 444,457 216,790 1,416,039 807,648 590,858
Total Services 81,967,295 53,862,803 81,967,295 53,862,803
Industry Sector
Local 28,509,463 18,146,936 28,413,352 18,202,084 55,148
Regional 1,288,593 1,472,650 1,449,589 1,518,394 45,745
International 77,014 121,486 12,129 20,594 -100,892
Total Industry 29,875,070 19,741,071 29,875,070 19,741,071
All Sectors
Local 111,884,263 76,392,039 108,055,379 75,252,386 -1,139,653
Regional 5,493,927 4,602,616 8,973,973 6,193,416 1,590,800
International 1,273,308 2,070,422 1,622,146 1,619,276 -451,146
Grand Total 118,651,498 83,065,077 118,651,498 83,065,077

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 100,311,628 67,800,032 93,093,561 65,794,714 -2,005,317
Companies 11,420,295 8,356,326 14,624,855 9,165,408 809,082
Mutual Funds 152,240 235,506 292,963 252,964 17,458
Institutions 100 176 44,000 39,300 39,124
Total 111,884,263 76,392,039 108,055,379 75,252,386 -1,139,653
Regional
Individuals 4,592,376 3,332,080 7,947,700 3,876,447 544,367
Companies 894,051 1,254,911 1,026,273 2,316,969 1,062,058
Mutual Funds 7,500 15,625 0 0 -15,625
Total 5,493,927 4,602,616 8,973,973 6,193,416 1,590,800
International
Individuals 71,052 186,613 206,496 801,480 614,867
Companies 250,689 635,399 1,373,759 768,017 132,618
Mutual Funds 951,567 1,248,410 41,891 49,779 -1,198,631
Total 1,273,308 2,070,422 1,622,146 1,619,276 -451,146
All Nationalities
Individuals 104,975,056 71,318,725 101,247,757 70,472,641 -846,083
Companies 12,565,035 10,246,636 17,024,887 12,250,394 2,003,757
Mutual Funds 1,111,307 1,499,540 334,854 302,743 -1,196,798
Institutions 100 176 44,000 39,300 39,124
Grand Total 118,651,498 83,065,077 118,651,498 83,065,077

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 589,779 93.59 4,899,233,263 65.48 6,943,460,657 53.04
2 Saudi Arabian 2,473 0.39 402,643,575 5.38 838,217,973 6.40
3 Bahraini 126 0.02 350,797,623 4.69 602,868,623 4.60
4 Kuwaiti 2,577 0.41 251,597,344 3.36 585,760,998 4.47
5 Caymanian 33 0.01 276,030,335 3.69 582,877,505 4.45
6 Qatari 387 0.06 189,618,215 2.53 443,693,245 3.39
7 Chinese 6 0.00 23,294,922 0.31 440,268,315 3.36
8 Libyan 99 0.02 139,715,231 1.87 320,132,658 2.45
9 Joint Arab 2 0.00 16,833,395 0.23 315,195,566 2.41
10 Palestinian 23,101 3.67 135,680,068 1.81 293,858,827 2.24
11 Other 11,620 1.84 796,691,393 10.65 1,725,786,251 13.18
Total 630,203 100 7,482,135,364 100 13,092,120,618 100
Sector
No. of Regis-
ters
Nationality
Shareholders
No.
% Securities No. %
Total Value
Amount in JD %
Banking 16
Local 72,032 87.47 1,461,200,544 48.12 2,647,043,906 42.47
Regional 8,966 10.89 1,291,849,625 42.55 2,969,926,092 47.66
International 1,353 1.64 283,404,831 9.33 615,183,603 9.87
Total 82,351 100 3,036,455,000 100 6,232,153,600 100
Insurance 24
Local 14,134 94.83 181,035,095 67.32 206,945,677 69.14
Regional 671 4.50 68,420,929 25.44 56,898,103 19.01
International 99 0.66 19,466,828 7.24 35,460,044 11.85
Total 14,904 100 268,922,852 100 299,303,824 100
Services 144
Local 355,204 95.78 2,577,549,567 82.01 2,763,166,626 73.12
Regional 14,432 3.89 369,036,394 11.74 354,399,699 9.38
International 1,221 0.33 196,465,403 6.25 661,404,229 17.50
Total 370,857 100 3,143,051,364 100 3,778,970,554 100
Industry 56
Local 148,409 91.56 679,448,057 65.73 1,326,304,448 47.68
Regional 12,136 7.49 202,400,470 19.58 810,807,594 29.15
International 1,546 0.95 151,857,621 14.69 644,580,597 23.17
Total 162,091 100 1,033,706,148 100 2,781,692,640 100
All Sectors
Local 589,779 93.59 4,899,233,263 65.48 6,943,460,657 53.04
240 Regional 36,205 5.75 1,931,707,418 25.82 4,192,031,488 32.02
International 4,219 0.67 651,194,683 8.70 1,956,628,472 14.95
Grand Total 630,203 100 7,482,135,364 100 13,092,120,618 100

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