ASE Market Capitalization Weighted 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

Insurance sector

Service sector

Industrial sector

SymbolCompanyNotes
AALUArab 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
--