VOL. XLII
No. 31
2-August-1999
JORDAN
'Amman Stock Exchange Index Declines But Regulatory ReformsMake Strides
The 'Amman Stock Exchange (ASE) has experienced a steepdecline in its index over the past few months, but officials at the exchangesay the drop has been coupled with a sharp increase in trading volume (up 30%since the beginning of 1999), and although prices have fallen, increasedliquidity shows a deepening of market activity. The ASE, which was establishedas an independent body in March...
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