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.
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.
Symbol | Company | Notes |
---|---|---|
ABCO | Arab Banking Corporation/Jordan | |
AJIB | Arab Jordan Investment Bank | |
ARBK | Arab Bank | |
BOJX | Bank of Jordan | |
CABK | Cairo Amman Bank | |
EXFB | Capital Bank of Jordan | |
JIFB | Jordan Investment and Finance Bank | |
JOGB | Jordan Commercial Bank | |
JOIB | Jordan Islamic Bank for Finance and Investment | |
JOKB | Jordan Kuwait Bank | |
JONB | Jordan National Bank | |
THBK | The Housing Bank for Trade and Finance | |
UBSI | Union Bank for Savings and Investment |
Symbol | Company | Notes |
---|---|---|
AAIN | Al-Nisr Al-Arabi Insurance | |
AIUI | Arab Union International Insurance | |
ARAI | Arab American Takaful Insurance | |
ARAS | The Arab Assurers | |
JIJC | Jordan International Insurance | |
JOIN | Jordan Insurance | |
MEIN | Middle East Insurance |