ASE Weighted Index
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ASE 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 alphabetiz ...
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Amman (; ar, عَمَّان, ' ; Ammonite: 𐤓𐤁𐤕 𐤏𐤌𐤍 ''Rabat ʻAmān'') is the capital and largest city of Jordan, and the country's economic, political, and cultural center. With a population of 4,061,150 as of 2021, Amman is Jordan's primate city and is the largest city in the Levant region, the fifth-largest city in the Arab world, and the ninth largest metropolitan area in the Middle East. The earliest evidence of settlement in Amman dates to the 8th millennium BC, in a Neolithic site known as 'Ain Ghazal, where the world's oldest statues of the human form have been unearthed. During the Iron Age, the city was known as Rabat Aman and served as the capital of the Ammonite Kingdom. In the 3rd century BC, Ptolemy II Philadelphus, Pharaoh of Ptolemaic Egypt, rebuilt the city and renamed it "Philadelphia", making it a regional center of Hellenistic culture. Under Roman rule, Philadelphia was one of the ten Greco-Roman cities of the Decapolis before being di ...
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