18-Dec-2018
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Chairman of
the Committee on Economy and Investment Representative, Dr. Kheir Abu Saeilek
said that "the general
index of the Amman Stock Exchange achieved successive gains during the last
week of trading, and rose from 1800 points last Tuesday through 4 consecutive
highs to close yesterday at 1863 points."
He
continued in a press statement yesterday that the participation of the
"parliamentary economy" with the investors of the financial market
and the tax department in the formulation of the system of calculating the tax
on the profits of trading shares on the basis of clear contributed to reassure
dealers in the capital market, stressing investors desire to be this tax is
broken and not within the tax container, Which was endorsed by the Committee.
The best practices in the capital market
indicate that good trading is based on institutional investment, but the
percentage of individual investment in the Jordanian capital market is 75%,
while institutional investment is 25%, unlike the best international practices.
In the trading structure based on speculation was disclosed through the income
tax law.
He stressed
that the rational investor is the one who builds his investment decision with
the participation of the mediator, who
knows the market place, pointing to the importance of positive statements and
moving away from the negative, and go to investment solutions instead of tax
treatment.
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