The CEO of the Amman Stock Exchange (ASE), Mazen Wathaifi, stated on Sunday that the exchange quickly regains its balance whenever it is impacted by the ongoing regional tensions that began this past Saturday.
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Speaking to Al-Mamlaka, Wathaifi added that the exchange is operating normally, similar to other state institutions that continue their regular functions. He noted that stock markets, in general, are influenced by various factors, including geopolitical events, but they quickly recover.
Regarding the Amman Stock Exchange specifically, he emphasized that all fundamental factors related to the market remain positive, noting that corporate performance is strong and national economic indicators are favorable.
"There is no doubt that we have navigated difficult circumstances in the past, such as the global financial crisis and the Gaza crisis and their repercussions; we overcame them and achieved a positive upward trajectory," Wathaifi said.
It is worth noting that in light of regional tensions—following the attack launched by Israel and the United States against Iran on Saturday—many global markets have been affected.
