'Investor confidence index jumped 23 points in October 2019'

AMMAN — The Jordan Strategy Forum’s Jordan Investor Confidence Index increased by 23.49 points in October 2019 to reach 139.9 points, compared to 116.4 points in September 2019.

The monthly-issued index aims to measure the confidence of investors operating in the Jordanian market through three sub-indices: Confidence in the Jordanian dinar and the monetary system, confidence in the real economy and confidence in the financial system, according to a JSF report.

In October 2019, the confidence in the real economy sub-index saw an increase of 10.39 points to reach 119 points, as the capital of registered companies witnessed an increase from JD6 million to reach JD14.4 million.

Meanwhile, the monetary sub-index increased by 8.48 points to reach 157 points, as the CBJ Gross Foreign Reserves dropped by  JD89.4 million to reach JD11.81 billion for October. The financial sub-index rose by 64.69 to reach 164.7 points, as the ratio of inflows to outflows of foreign investment in the Amman Stock Exchange increased to reach 844 per cent in October, according to the report.