Amman, August 2 (Petra) – Listed companies on Amman Stock Exchange
(ASE) on Sunday reported a “robust” financial performance for the
first half of 2026, driven by broad-based sector expansion, surging
trading volumes, and robust foreign investment.

Net profits attributable to shareholders for listed companies rose
14.3% year-over-year to JD1.20 billion for the six months ended June
30, up from JD 1.05 billion in H1 2025, according to ASE CEO Mazen
Wathaifi.

In a statement, Wathaifi said this growth marks the “second-highest”
first-half earnings result in the exchange’s history, behind only H1
2022, announcing pre-tax profits climbed 10.7% to JD 1.67 billion.

Earnings growth was broad-based across all major market sectors. The
services sector led the rally with a dramatic 64.3% increase in net
profit, followed by a 17.5% rise in the industrial sector and a 6.7%
gain in the financial sector.

As key market benchmarks mirrored this strong momentum, the ASE
General Index (ASEGI) surged 11.1% from the end of 2025 to close at
4,012.6 points, while the ASE20 index grew 10.3% and the ASE Total
Return Index (ASETR) advanced 16.0%.

Investor participation and liquidity experienced a “significant”
boost during the period. Total trading volume surged 75%
year-over-year, lifting average daily trading values to JD 13.6
million, up from JD 8.8 million in H1 2025. Total market
capitalization expanded 8.8% to reach JD 28.8 billion. Highlighting
solid international confidence in the Jordanian market, non-Jordanian
investors held 46.1% of the exchange’s total equity value as of late
July 2026.

Wathaifi attributed the exchange’s performance to the “broader
resilience” of Jordan’s economy and progress under the Economic
Modernization Vision (EMV). National economic indicators reinforced
this momentum, including 2.9% GDP growth in the first quarter of
2026, a 25% increase in total investments, and a 5.8% expansion in
exports during the year’s first five months. Central Bank foreign
reserves surpassed USD27 billion, providing macroeconomic stability
while maintaining moderate inflation levels.

Corporate transparency and compliance remained exceptional, as 99% of
all 155 listed companies filed their reviewed mid-year financial
statements on time via the eXtensible Business Reporting Language
(XBRL) system.

However, the exchange suspended trading on Sunday, August 2, 2026,
for two non-compliant firms: Tuhama Financial Investments (THMA) and
Arab Investors Union Co for Real Estate Developing (UNAI). Under
regulatory rules 15(a) and 15(c), if these companies fail to submit
their required reports within three business days, their shares will
reopen under restricted conditions, including shortened trading hours
and stricter price fluctuation limits.

//Petra// HA