Amman Stock Exchange Annual Review

After the dust of 2008 cleared, the ASE emerged as the fifth best performing market in the MENA region, and proved both susceptible to global shocks and capable of strong domestically fueled runs. As we form our expectations for 2009, we consider both facts together. While the full extent of the global crisis is not clear yet, and effective remedies might have not been found or taken their effect yet, the ASE still has unique characteristics that could enable it to swim against the current.