Amman Stock Market Sees Significant Growth Amidst Economic Modernisation

Strategic Insights -

The Amman Stock Exchange (ASE) is experiencing its most robust bull run in over a decade, with double-digit gains across all indices and trading volumes reaching levels not seen since before the 2008 global financial crisis. The ASE's total market capitalisation surged by 26.3 per cent in the first seven months of 2025, reaching JD22.3 billion, up from JD17.65 billion at the end of 2024. The industrial sector led the rally, with its market value rising by 42 per cent to JD9.19 billion, driven by strong earnings from extractive industries.

Key Takeaways:

  • The Amman Stock Exchange (ASE) witnessed its most robust bull run in over a decade, with double-digit gains across all indices and trading volumes reaching levels not seen since before the 2008 global financial crisis.
  • The ASE's total market capitalisation surged by 26.3 per cent in the first seven months of 2025, reaching JD22.3 billion, up from JD17.65 billion at the end of 2024.
  • The industrial sector led the rally, with its market value rising by 42 per cent to JD9.19 billion, driven by strong earnings from extractive industries, particularly phosphate and potash producers.
  • Financial stocks grew by 21 per cent to JD10.45 billion, driven by heightened activity in banking and investment firms.
  • Trading activity was particularly vigorous in industrial shares, where turnover more than doubled (+130 per cent).
  • Financial stocks followed with a 76 per cent increase, while services climbed by 66 per cent.
  • The ASE General Index (ASEGI) closed July at 2,914.79 points, up 92 per cent from its pandemic-era low of 1,551.37 in late 2020, the highest reading since 2009.

Statistics:

  • The ASE's average daily turnover jumped by 83.2 per cent year-on-year to JD7.58 million.
  • The industrial sector's market value rose by 42 per cent to JD9.19 billion.
  • Financial stocks grew by 21 per cent to JD10.45 billion.
  • The ASE General Index (ASEGI) closed July at 2,914.79 points, up 92 per cent from its pandemic-era low.
  • Total market capitalisation surged by 26.3 per cent to JD22.3 billion in the first seven months of 2025.

Sources:

  • the Jordan Times (Amman, Jordan) - www.jordantimes.com
  • Tribune Content Agency, LLC.