Amman Stock Exchange: Ranked 1st Regionally and 13th Globally in General Index Growth

A delegation from the London Stock Exchange discusses enhancing cooperation and promoting investment opportunities in the Jordanian market

Amman Stock Exchange: Ranked 1st Regionally and 13th Globally in General Index Growth
Amman Stock Exchange: Ranked 1st Regionally and 13th Globally in General Index Growth
A British delegation, headed by the Head of Primary Markets at the London Stock Exchange (LSE), Abhi Jay, discussed ways to enhance cooperation and exchange expertise with the Amman Stock Exchange (ASE). The meeting also explored mechanisms to promote available investment opportunities in the Jordanian market and encourage UK investors to capitalize on them.اضافة اعلان

According to a statement issued by the Amman Stock Exchange on Saturday, the talks covered several proposed measures to support this direction. Most notable among these was arranging a "Jordan Day" at the London Stock Exchange, aimed at highlighting investment opportunities within the ASE and introducing its listed companies to British investors.

During the meeting, the Chief Executive Officer of the ASE, Mazen Wathaifi, reviewed the stock exchange's key performance indicators over the past and current years. He emphasized that despite the challenges and extraordinary circumstances experienced regionally and globally, the exchange managed to achieve outstanding results and record milestones. This success was buoyed by growing confidence in the national economy and the attractiveness of the Kingdom's investment environment.

Wathaifi pointed out that the positive performance of the national economy, along with its demonstrated resilience and ability to adapt to changes and overcome challenges, contributed directly to boosting the attractiveness of the Jordanian financial market and achieving remarkable results.

He added that continuous improvements to the investment climate—coupled with government decisions supporting various economic sectors, the implementation of projects under the Economic Modernization Vision, and the launch of several major strategic initiatives—have reflected positively on the performance of the ASE and its listed companies.

The CEO explained that the Amman Stock Exchange ranked first regionally and 13th globally in terms of the growth of its general share price index, while listed companies achieved the second-highest profit levels in their history, reflecting market durability and the availability of promising investment opportunities.

Wathaifi reaffirmed that the ASE is continuing its efforts to develop regulations and digital services while implementing the latest international standards and specifications to enhance its competitiveness and investment appeal.

He noted that the Jordanian capital market enjoys an advanced regulatory and technical infrastructure that aligns with best international practices and standards, whether regarding trading systems, financial services, disclosure requirements, clearing and settlement processes, or investor protection frameworks.

For his part, Abhi Jay praised the performance of both the Jordanian economy and the Amman Stock Exchange, noting that the Jordanian economy has demonstrated solid fundamentals and a clear commitment to reform, backed by a dynamic private sector and exceptional entrepreneurial talent.

Jay stated that the London Stock Exchange sees a real opportunity for partnership with the Amman Stock Exchange. This collaboration aims to support Jordan in scaling its promising companies by connecting them to broader sources of international capital and enhancing their visibility among global investors.