Amman, August 16 (Petra) – Eng. Fathi Al-Jaghbeer, Chairman of the Amman and Jordan Chambers of Industry, confirmed that the record performance of the Amman Stock Exchange announced today by the Securities Commission, which is the best in over fifteen years, reflects the robustness of the Jordanian economy and the effectiveness of efforts within the framework of the economic modernization vision led by His Majesty King Abdullah II.
Al-Jaghbeer explained in a statement that improvement indicators showed the industrial sector leading growth at nearly 42%, doubling the growth rate of the closest sector, the financial sector. He pointed out that the industrial sector accounts for about 40% of the market value of companies listed on the Amman Stock Exchange.
He attributed this growth to the interaction of a group of economic and financial factors that created an integrated dynamic, starting with the improvement of the operational performance of industrial companies, especially through a 9.2% increase in exports during the first five months of this year compared to the same period in 2024, which positively reflected on revenues and profitability.
He confirmed that this financial improvement enhanced investor confidence and increased the attractiveness and market value of industrial company shares.
Al-Jaghbeer indicated that growth was achieved through three main channels: first, increased production and sales that improved profit margins and made shares more attractive to investors; second, sustainable growth reduced investment risks and lowered capital costs; and third, the rise in market value enabled companies to expand their financing opportunities and enter new strategic partnerships that enhanced their competitiveness and expansion capacity.
He also emphasized that commitment to the economic modernization vision is a strategic necessity to achieve sustainable growth amid a complex regional environment, stressing that the industrial sector has great potential that must be unleashed to build a prosperous and sustainable future for Jordan through cooperation between the government, private sector, and civil society institutions.
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