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Jordan reopens stock market after two months, value falls

Jordan's stock market resumed trading after a two-month shutdown amid the coronavirus crisis, but stocks continued to fall.
Jordanian traders follow the market's movements at the Amman Stock Exchange on October 21, 2008. Jordan's King Abdullah II announced earlier this month a series of economic measures for his cash-strapped desert kingdom, where inflation and unemployment are both hovering around 15 percent. AFP PHOTO/KHALIL MAZRAAWI (Photo credit should read KHALIL MAZRAAWI/AFP via Getty Images)

Jordan’s stock market starting trading again Sunday for the first time in two months.

Jordan’s security and exchange commission suspended the market March 16 to prevent further falls during the coronavirus crisis in the country, but reopened it Sunday, according to Reuters. Jordan had one of the strictest lockdowns in the world, which helped mitigate COVID-19’s spread but significantly damaged the economy.

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