AMMAN — Listed companies on Amman Stock Exchange (ASE) on Sunday reported a "strong" 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 by 14.3 per cent year-over-year to JD1.20 billion for six months ended by June 30, up from JD1.05 billion in the first half of 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 during the first half of 2022, announcing pre-tax profits climbed 10.7 per cent to JD 1.67 billion, according to an ASE statement.

 

The services sector led the rally with a 64.3 per cent increase in net profit, followed by a 17.5 per cent rise in the industrial sector and a 6.7 per cent gain in the financial sector.

 

The ASE General Index (ASEGI) surged 11.1 per cent from the end of 2025 to close at 4,012.6 points, while the ASE20 index grew by 10.3 per cent and the ASE Total Return Index (ASETR) grew by 16.0 per cent. Investor participation and liquidity experienced a "significant" boost during the period.

 

Total trading volume surged by 75 per cent year-over-year, lifting average daily trading values to JD13.6 million, up from JD8.8 million in the first half of 2025.

 

Total market capitalisation expanded to 8.8 per cent to reach JD28.8 billion. Highlighting solid international confidence in the Jordanian market, non-Jordanian investors held 46.1 per cent 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 Modernisation Vision (EMV).

 

National economic indicators reinforced this momentum, including 2.9 per cent GDP growth in the first quarter of 2026, a 25 per cent increase in total investments, and a 5.8 per cent expansion in exports during the year's first five months.

 

Central Bank of Jordan (CBJ) foreign reserves surpassed $27 billion, providing macroeconomic stability while maintaining moderate inflation levels.

 

Corporate transparency and compliance remained exceptional, as 99 per cent 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 Company 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.