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 Symbol Company NotesABCOBank ABC JordanAJIB Arab Jordan Investment BankARBK Arab BankBOJX Bank of JordanCABK Cairo Amman BankEXFB Capital Bank of JordanJIFB Jordan Investment and Finance BankJOGB Jordan Commercial BankJOIB Jordan Islamic Bank for Finance and InvestmentJOKB Jordan Kuwait BankJONB Jordan National BankTHBK The Housing Bank for Trade and FinanceUBSI Union Bank for Savings and Investment
Insurance sector Symbol Company NotesAAINAl-Nisr Al-Arabi InsuranceAIUIArab Union International InsuranceARAIArab American Takaful InsuranceARASThe Arab AssurersJIJCJordan International InsuranceJOINJordan InsuranceMEINMiddle East Insurance
Service sector Symbol Company NotesAAFIAl-Amin for InvestmentABMSAl-Bilad Medical ServicesAEIVArab East InvestmentAIHOArab International Hotels AMALAl-Amal InvestmentAMWLPortfolio Management and Investment ServicesAREDArab Real Estate DevelopmentBAMBBeit El Mal Savings and Investment for HousingEMAREmmar Investments and Real Estate DevelopmentIBFMInternational Brokerage and Financial MarketsICMIInternational for Medical InvestmentITSCIttihad SchoolsJEIHJordanian Expatriate Investment HoldingJETTJordan Express Tourism Transport JOEPJordanian Electric Power JOITJordan Investment TrustJNTHAl-Tajamouat for Catering and HousingJTELJordan Telecom MERMAl-Tajamouat for Touristic Projects NAQLTransport and Investment Barter NPSCNational Portfolio Securities PRESJordan Press Foundation/Alra'i REALArab East for Real Estate InvestmentsREDVReal Estate DevelopmentREINReal Estate InvestmentSHIPJordan National Shipping Lines SITTSalam International Transport and Trading SPICSpecialized Investment CompoundsTAMRJordan TammerUAICUnited Arab InvestorsULDCUnion Land Development CorporationAl Dawliya for Hotels & Malls Al-Sharq Investments Projects Amad and Handi HousingArab International for Investment and EducationComprehensive Land Development Land and InvestmentConsulting and Investment GroupInternational Arabian Development and Investment TradingInvestors and Eastern Arab for Industrial and Real Estate InvestmentsJordan Investment and Tourism Transport (Alfa) Jordan Loan Guarantee AssociationJordanian Real Estate for DevelopmentThe Real Estate and Investment PortfolioSpecialized Trading and Investment Zara Investment Holding
Industrial sector
Symbol Company NotesAALUArab Aluminium Industry ACDTArab Chemical Detergents Industries AIFFThe Arab International Food Factories APMCArab Pharmaceutical Manufacturing APOTArab Potash CEBCAl Faris National Company for Investment and Export DADIDar al Dawa Development and Investment ELZAEl-Zay Ready Wear Manufacturing FNVOFirst National Vegetable Oil IENGRum Metal Industries ITCCInternational Tobacco and Cigarettes JNCCJordan New Cable JOCFJordan Ceramic Industries JOCMThe Jordan Cement Factories JOIRIndustrial Resources JOPHJordan Phosphate Mines JOPIThe Jordan Pipes Manufacturing JOPTJordan Petroleum Refinery JOSTJordan Steel JOWMThe Jordan Worsted Mills MECEMiddle East Complex for Engineering NATANational Aluminium Industrial NATCNational Chlorine NASTNational Steel Industry RMCCReady Mix Concrete and Construction Supplies UMICUniversal Modern Industries UTOBUnion Tobacco WIRENational 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 The Amman Stock Exchange; click "Market Information" to read about the ASE Market Capitalization Weighted Index