|
Jordanian
Capital Market
Listed Companies
at the
Amman Stock Exchange
|
|
Listed Companies |
Unlisted |
|
|
Organized market |
Parallel market |
Companies |
|
1991 |
102 |
7 |
7 |
|
1992 |
103 |
6 |
12 |
|
1993 |
101 |
13 |
14 |
|
1994 |
95 |
21 |
35 |
|
1995 |
97 |
29 |
52 |
|
9/1996 |
98 |
34 |
64 |
Trading Volume
at the
Amman Stock Exchange
Value in JD ‘000
Number in shares ‘000
|
|
Total Trading Volume |
|
|
Organized mkt. |
Parallel market |
Grand Total |
|
|
Number |
Value |
Number |
Value |
Number |
Value |
|
1991 |
156,821 |
292,420 |
4,956 |
10,417 |
161,777 |
302,837 |
|
1992 |
344,759 |
878,758 |
5,891 |
8,193 |
350,650 |
886,951 |
|
1993 |
244,314 |
933,365 |
26,124 |
35,248 |
270,438 |
968,613 |
|
1994 |
133,818 |
430,330 |
41,658 |
64,746 |
175,476 |
495,076 |
|
1995 |
125,071 |
362,127 |
50,133 |
56,831 |
175,204 |
418,958 |
|
9/1996 |
73,016 |
141,223 |
40,255 |
26,312 |
113,271 |
167,535 |
Performance Indicators
|
|
Trading Volume / GDP
|
Trading Volume / M2 |
Market Capitalization / GDP
|
Trad. Volume / Market Capitalization
|
|
1991 |
10.2% |
7.9% |
59.2% |
17.3% |
|
1992 |
25.2% |
21% |
65% |
38.7% |
|
1993 |
24% |
20.8% |
86.5% |
27.8% |
|
1994 |
10.3% |
8.9% |
77.1% |
13.3% |
|
1995 |
7.8% |
7% |
71.6% |
10.9% |
Share Price Index
Weighted by Mkt Capitalization
(Dec.
1991 = 100)
|
|
Share Price Index
Weighted by Mkt Capitalization
(Dec. 1991 = 100) |
|
1978 |
58.6 |
|
1982 |
138.2 |
|
1986 |
72.4 |
|
1990 |
80.4 |
|
1991 |
100 |
|
1993 |
158.5 |
|
1995 |
159.17 |
|
6/1996 |
141.1 |
Market
Capitalization
JD Million
|
Listed Companies at the Organized
Market |
|
|
Book Value |
Market Capitalization |
|
1991 |
1194.3 |
1689.8 |
|
1992 |
1282.1 |
2270.7 |
|
1993 |
1361.7 |
3360.1 |
|
1994 |
1580.1 |
3233 |
|
1995 |
1694.8 |
3310.7 |
|
9/1996 |
1859.6 |
3111 |
Total Primary
Issues
Value in ‘000 JD
|
|
Total |
Bonds Issues |
Total |
|
|
Shares |
Development |
Corporate |
Value |
|
|
Issued |
Bonds Issued |
Bonds Issued |
of Issues |
|
1991 |
20,722 |
38,000 |
0 |
58,722 |
|
1992 |
54,609 |
6,000 |
0 |
60,609 |
|
1993 |
228,395 |
8,000 |
3,000 |
239,395 |
|
1994 |
463,296 |
15,500 |
8,000 |
486,796 |
|
1995 |
330,294 |
26,000 |
0 |
356,294 |
|
9/1996 |
120,149 |
28,000 |
0 |
148,149 |
Non-Jordanian
Ownership
in Shareholding
Companies
( %
)
|
|
%age of Non-Jordanian Ownership in
Shareholding Companies |
|
|
Banks &
Finance |
Insurance
Sector |
Services
Sector |
Industrial
Sector |
Total |
|
1994 |
46.7% |
16.0% |
2.9% |
23.6% |
31.1% |
|
1995 |
46.3% |
15.7% |
3.3% |
19.9% |
31.0% |
|
3/1996 |
46.5% |
16.1% |
2.9% |
20.4% |
31.3% |
|
6/1996 |
46.8% |
15.6% |
3.5% |
22.7% |
33.0% |
|
8/1996 |
47.7% |
15.8% |
4.3% |
21.6% |
32.3% |
Comparison With
Other Markets
|
|
|
|
|
Comparative Performance
of Emerging Capital Markets , 1994 |
|
|
|
|
|
Mkt. |
Mkt. |
Number |
|
Price- |
|
|
|
|
Capit-
alization
US$ Mil. |
Capit-
alization
% of GDP |
of domestic
Cos. |
Price- Earning Ratio |
Book
Value
Ratio |
Divid-end
Yield |
Largest
Mkt
Share |
|
M.E. Countries : |
|
|
|
|
|
|
|
|
- Egypt |
4.263 |
9.4 |
700 |
.. |
.. |
.. |
.. |
|
- Iran |
2.770 |
3.7 |
147 |
.. |
.. |
.. |
.. |
|
- Jordan |
4.594 |
81.6 |
95 |
20.77 |
1.71 |
2.44 |
45.8 |
|
- Morocco |
4.376 |
14.1 |
61 |
.. |
.. |
.. |
.. |
|
- Tunisia |
2.561 |
16.1 |
21 |
.. |
.. |
.. |
.. |
|
- Turkey |
21.605 |
17.1 |
176 |
30.99 |
6.35 |
3.57 |
48.6 |
|
Oth. emerg. mkt: |
|
|
|
|
|
|
|
|
-Argentina |
36.864 |
13.1 |
156 |
17.71 |
1.42 |
2.91 |
41.7 |
|
- Chile |
68.195 |
130.7 |
279 |
21.36 |
2.54 |
2.41 |
46.4 |
|
- Colombia |
14.028 |
21.1 |
113 |
19.54 |
1.38 |
1.70 |
61.2 |
|
- Greece |
14.921 |
15.6 |
216 |
10.42 |
1.89 |
4.61 |
37.2 |
|
- India |
127.515 |
45.5 |
7.000 |
26.67 |
4.17 |
0.98 |
19.4 |
|
- Nigeria |
2.711 |
6.6 |
177 |
6.00 |
1.59 |
8.37 |
49.3 |
|
- Tailand |
131.479 |
91.8 |
389 |
21.16 |
3.70 |
1.98 |
35.6 |
|
Indust. Markets : |
|
|
|
|
|
|
|
|
- Japan |
3.719.914 |
81.0 |
2.205 |
97.30 |
2.17 |
0.70 |
.. |
|
-United Kingdom |
1.210.245 |
118.1 |
2.070 |
14.80 |
2.20 |
4.20 |
.. |
|
- United States |
5.081.810 |
75.4 |
7.770 |
16.90 |
2.61 |
2.90 |
.. |
Primary Issues of
Bonds
Value in JD ‘000
|
|
Primary Issues of Bonds
|
|
|
|
Development |
Corporate |
|
|
Bonds Issued |
Bonds Issued |
|
1991 |
38,000 |
0 |
|
1992 |
6,000 |
0 |
|
1993 |
8,000 |
3,000 |
|
1994 |
15,500 |
8,000 |
|
1995 |
26,000 |
0 |
|
9/1996 |
28,000 |
0 |
Trading in Bonds
J.D. ‘000
|
|
Dvlpmnt. Bonds |
Treasury
Bonds |
Treasury
Bills |
Corporate
Bonds |
|
|
Par
Value |
Mkt.
Value |
Par
Value |
Mkt.
Value |
Par
Value |
Mkt.
Value |
Par
Value |
Mkt.
Value |
|
1991 |
1068 |
1070 |
0 |
0 |
0 |
0 |
367 |
379 |
|
1992 |
3982 |
4226 |
0 |
0 |
0 |
0 |
86 |
90 |
|
1993 |
4338 |
4556 |
0 |
0 |
0 |
0 |
94 |
95 |
|
1994 |
3506 |
3506 |
0 |
0 |
0 |
0 |
869 |
869 |
|
1995 |
11930 |
11932 |
0 |
0 |
0 |
0 |
307 |
307 |
|
9/1996 |
4030 |
3854 |
0 |
0 |
0 |
0 |
601 |
601 |
Bonds Trading
In The Secondary
Market
Value in JD ‘000
|
Bonds Trading in the Secondary
Market |
|
|
Number |
Par Value |
Market Value |
|
1980 |
98,440 |
1,658 |
1,661 |
|
1985 |
337,274 |
3,604 |
3.608 |
|
1990 |
198,926 |
3,214 |
3,121 |
|
1991 |
119,924 |
1,434 |
1,449 |
|
1992 |
406,614 |
4,068 |
4,316 |
|
1993 |
437,965 |
4,432 |
4,650 |
|
1994 |
437,523 |
4,375 |
4,375 |
|
1995 |
1,223,199 |
12,237 |
12,238 |
Stock (Outstanding
Balance) of Bonds
JD
Million
|
Stock of Bonds
( Outstanding Balance ) |
|
|
1991 |
1992 |
1993 |
1994 |
1995 |
|
Treasury Bills |
242 |
256 |
251 |
251 |
30 |
|
Treasury Bonds |
48 |
32 |
32 |
32 |
8 |
|
Pub. Corps. Bonds |
40 |
37 |
37 |
37 |
37 |
|
Corporate Bonds |
45 |
32 |
21 |
14 |
8 |
|
