ASE Market Capitalization Weighted Index
{{short description|Jordanian stock market index}}
The ASE Market Capitalization Weighted Index is a stock index of the Amman Stock Exchange in Jordan. The ASE Weighted Index is one of two principal stock indices on the exchange, the other being the ASE Unweighted Price Index.
The ASE Unweighted Index was created in 1980 and was very successful. The ASE went on to create a weighted index in 1992. The weighted index, whose constituents are listed below, attaches a value to each stock price based on the total market capitalisation of each stock; that is, the total amount of money the stock is worth on the stock market. The Unweighted Index calculates an index value based on the price alone.
Index listings
Both the weighted and unweighted indices use the same list of stocks. The constituents of the ASE indices are evaluated each year. The 70 stocks listed here are the 2007 version of the index. They are categorized by sector: banking sector, insurance sector, service sector and industrial sector. The lists are alphabetized by stock symbol.
Banking sector
| class="wikitable" |
| Symbol
! Company ! Notes |
|---|
| ABCO
|Arab Banking Corporation/Jordan | |
| AJIB
| |
| ARBK
| |
| BOJX
| |
| CABK
| |
| EXFB
| |
| JIFB
|Jordan Investment and Finance Bank | |
| JOGB
| |
| JOIB
|Jordan Islamic Bank for Finance and Investment | |
| JOKB
| |
| JONB
| |
| THBK
|The Housing Bank for Trade and Finance | |
| UBSI
|Union Bank for Savings and Investment | |
Insurance sector
| class="wikitable" |
| Symbol
! Company ! Notes |
|---|
| AAIN
| |
| AIUI
|Arab Union International Insurance | |
| ARAI
|Arab American Takaful Insurance | |
| ARAS
| |
| JIJC
|Jordan International Insurance | |
| JOIN
| |
| MEIN
| |
Service sector
Industrial sector
| class="wikitable" |
| Symbol
! Company ! Notes |
|---|
| AALU
| |
| ACDT
|Arab Chemical Detergents Industries | |
| AIFF
|The Arab International Food Factories | |
| APMC
|Arab Pharmaceutical Manufacturing | |
| APOT
| |
| CEBC
|Al Faris National Company for Investment and Export | |
| DADI
|Dar al Dawa Development and Investment | |
| ELZA
|El-Zay Ready Wear Manufacturing | |
| FNVO
| |
| IENG
| |
| ITCC
|International Tobacco and Cigarettes | |
| JNCC
|Jordan New Cable | |
| JOCF
| |
| JOCM
| |
| JOIR
| |
| JOPH
| |
| JOPI
|The Jordan Pipes Manufacturing | |
| JOPT
| |
| JOST
| |
| JOWM
| |
| MECE
|Middle East Complex for Engineering | |
| NATA
|National Aluminium Industrial | |
| NATC
| |
| NAST
| |
| RMCC
|Ready Mix Concrete and Construction Supplies | |
| UMIC
| |
| UTOB
| |
| WIRE
|National Cable and Wire Manufacturing | |
| |Al-Quds Ready Mix
| |
| |Century Investment Group
| |
| |Comprehensive Multiple Projects
| |
| |The Industrial Commercial and Agricultural
| |
| |Jordan Pharmacy Manufacturing
| |
| |Middle East Pharmaceutical Industries
| |
| |Union Chemical and Vegetable Oil Industries
| |
External links
- [https://web.archive.org/web/20070227122542/http://194.165.154.66/index.php The Amman Stock Exchange; click "Market Information" to read about the ASE Market Capitalization Weighted Index]
{{Asian Stock market indices}}