Tuesday, 02 January 2024 12:17 GMT

Amman Stock Exchange surpasses three thousand points for first time since 2008


(MENAFN) The Amman Stock Exchange (ASE) has crossed the 3,000-point threshold, marking a milestone not seen since 2008 and capping a strong performance for 2025. Since the start of the year, the general index has surged by more than 500 points.

The upward momentum has been driven by several positive factors, including a rise of over 9 percent in net profits among listed companies during the first half of the year, alongside notable improvements in key national economic indicators.

According to reports, the ASE also credited government-supported initiatives for boosting market value, highlighting special incentives aimed at the local bourse that have strengthened investor confidence.

Additionally, the Economic Modernisation Vision and the government’s executive action plan have contributed to a more favorable outlook within investment circles, supporting continued optimism in the market.

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