A
- Advertising Agencies
- Arabic Sweets,
Pastries, Chocolates
- Architects


B
- Banks
- Beauty


C
- Car Rental
- Coffee Shops
- Commerce
- Consulting
- Craft


D
- Data Processing &
Computer Systems
- Decoration &
Furnishing


E
- Environment / Waste
Management Services
- Express Delivery
- Equipment : food
services, catering,
kitchen, laundry


F
- Financial Services
- Flowers
- Food & Beverage


H
- Hotels 3
- Hotels 4 & 5
- Hotels & Suites


I
- Industry
- Insurance
- Interior Design /
Decoration
- Internet


J
- Jewelleries


L
- Leisure
- Lighting


M
- Medias
- Medical / Technology


O
- Office Equipments /
Electronics
- Outside Decoration


P
- Printing


R
- Real Estate
- Restaurants


S
- Security
- Shop Systems
- Superstores


T
- Telecommunication &
Mobile Phones
- Transport
- Travel Agencies










 


 
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French Version

The ASE surpassed the psychological barrier to close last week up at 142 points...

The ASE surpassed the psychological barrier to close last week up at 142 points. About JD 17 million shares were traded this week alone. Those on the most active trading list were Arab Bank, Jordan Steel, and International Tobacco and Cigarettes Co.

This recent climb in the stock exchange index reflects the trading determination among local and foreign investors. Arab investors made up 75 percent of the ASE trades this year alone. Of these, JD 26.4 million were stock purchases, and JD 45 million in sales.

Although ASE observers agree market activity is returning to profitable territory, they warn that it still remains low. Non-Jordanian investments at the Amman Stock Exchange (ASE) declined this year by JD 20.5 million over 2000. This continues a gradual four-year trend.

In the first five months of 2001 non-Jordanian investors bought JD 39.5 million and sold shares worth JD 54.7 million. This translates as a loss of JD 15.2 million at ASE for the year. During the comparable first five months of last year ASE made a JD 5.3 million increase in foreign investment.

First half losses in 2001 came despite the fact that investors, mainly foreign, see the ASE as one of the most healthy exchanges in the region. Observers reiterate that despite the political and economic stability enjoyed in Jordan, political turbulence in the region affects the ASE.

Many see the unstable ceasefire in the Occupied Territories between the Palestinians and Israelis and the continued UN sanctions imposed on Iraq as major factors affecting the downward trend.

ASE observers still believe the index will rise gradually in the coming weeks to over 150 points. This prediction hinges on the UN revising sanctions towards Iraq and the continuation of peace talks between the Palestinians and Israelis.

Amman,23June2001
Ghassan Joha
The Star


Geography
Some Marks
To see in Jordan
Overview
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Useful Addresses
Media of 1stjordan
Impact of 1stjordan
The 'First Jordan' Card
Press Book
Exotica - Flowers - Shopping on line
www.exotica.com.lb
Engineering Consultants Lebanon
www.spectrumlb.com
Nsouli Jewelry Lebanon
www.nsoulijewelry.com
Hotel Beirut Lebanon
acropolishotel.com
Rent Villas France for Holidays, Seasonal Rentals France
www.rent-villas-france.com
Sole Agent for Philips & Whirlpool in Lebanon
www.azelectronic.com
Arab Printing Press Lebanon
www.arab-printing-press.com
Hotel Beirut Lebanon
www.hotelcavalier.com
Arabic Music, CD Arabia
www.cd-arabia.com
Hotels Syria
www.chamhotels.com
Groupe PMR
www.groupe-pmr.com