Investor confidence index marks June-July increase

AMMAN —  The Jordan Investor Confidence Index, published by the Jordan Strategy Forum (JSF), saw an increase of 21.9 points in July of this year, reaching 130.6 points compared with 108.7 points in June 2019.

The index aims to measure the confidence of investors operating in the Jordanian market by three aspects: Confidence in the Jordanian dinar and the monetary system, confidence in the real economy and confidence in the financial system, according to a JSF statement.

The monetary sub-index increased by 3.90 points to reach 137.6 points in July 2019, as the CBJ Gross Foreign Reserves increased by JD182.6 million to reach JD11.717 million for this month.

The confidence in the real economy sub-index increased by 42.5 points to reach 142.62 points — the highest number reached this year.

Confidence in the financial sub-index observed a decrease by 1.05 points to reach 100 points in July 2019, as the Amman Stock Exchange’s index dropped by 1.74 points to reach 3,638.96 points in June 2019, the statement said.