Amman Stock Exchange Daily Report - 1 November

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1. Amman Stock Exchange 1-Nov-17 Close AMMAN SE GENERAL INDEX 2 ,102.03 % Change Year-to-Date (YTD) 0.42% -3.15% Daily Volume (shares) 4,181,878 6 MONTHS INDEX PERFORMANCE 2,200 2,180 2,160 2,140 2,120 2,100 2,080 2,060 2,040 2,020 Best/Worst Performing Companies Best Performers UNION TOBACCO & CIGARETTE RUM TOURIST TRANSPORTATION C JORDANIAN PHARMACEUTICAL MAN ALIA THE ROYAL JORDANIAN AIR OFFTEC HOLDING GROUP PLC % Change 4.98 4.82 4.55 4.44 4.26 Top Traded Companies by Value UNION INVESTMENT CORP ARAB BANK PLC ALIA THE ROYAL JORDANIAN AIR RUM TOURIST TRANSPORTATION C SPECIALIZED INVESTMENT COMPO * Source: Bloomberg Worst Performers JORDANIAN REAL ESTATE FOR DE NATIONAL CABLE & WIRE MANUF NATL PORTFOLIO SECURITIES EMMAR INVESTMENTS & REAL EST ARAB INTERNATIONAL HOTELS % Change (2.00) (3.03) (3.90) (4.76) (5.17) Top Traded Companies by Volume Value traded (JOD) 819,995 413,338 189,615 159,589 150,210 150,210 UNION INVESTMENT CORP ALIA THE ROYAL JORDANIAN AIR JORDAN STEEL RUM TOURIST TRANSPORTATION C SPECIALIZED INVESTMENT INVESTMENT COMPO SPECIALIZED SALAM INTL TRANSPORT &COMPO TRAD Volume traded (Shares) 678,418 403,470 228,546 187,218 162,847
2. Macroeconomic & Corporate News Exports to Iraq has room for improvement Commercial exchange between Jordan and Iraq through Turaibil border is improving, but custom tax imposed by the Iraqi government and limitations for entry are challenges to further development, said Amman Chamber of Industry (ACI) President Senator Ziad Homsi. The commercial exchange on the border reached its peak since the reopening of the Karameh crossing with the issuance of 430 certificates of origin, proving that the exported products are made in Jordan, the senator said.The figures The Jordan Times obtained from Karameh customs checkpoint showed that 3845 trucks entered and exited the border since its opening from August 30 to October 27. Among 2033 trucks exited the checkpoint towards the Iraqi border, 1581 of which were Jordanian trucks, while rest were from Iraq, Saudi Arabia and Egypt. Truck Owners Association President Mohammad Dawod said that Jordanian-produced and imported steel is one of the most exported items to Iraq. Social Security Corporation launches e-payment services Social Security Corporation (SSC) Spokesperson Musa Sbeihi confirmed that the SSC has facilitated the optional registration process through the provision of electronic payment services, the Jordan News Agency, Petra, reported on Wednesday.He said that the optional registration services including the submission of applications, regulation of the annual increase and the suspension of the optional registration will only be executed electronically through SSC’s website.The subscription payment service for optional registration subscribers will only be limited to electronic payments. Sbeihi mentioned that 2,273 Jordanian expats submitted applications for optional registration through the website. Labour minister opens employment forum Labour Minister Ali Ghezawi on Wednesday inaugurated the National Forum for Increasing Employment Opportunities, organised by the Labour Ministry in partnership with the German International Cooperation Agency/Enhanced Productivity Programme (GIZ /EPP), the Jordan News Agency, Petra, reported.In his remarks, Ghezawi affirmed, in the presence of the Regional Director of the GIZ in Jordan and Lebanon Michaela Baur, that poverty and unemployment are the biggest challenges facing the economic and social progress in any developing society.The minister said the government is seeking to address unemployment by providing jobs for youth through innovative ways. Baur highlighted the objectives of the forum in bringing stakeholder in the field of employment to reach a unified solution to unemployment. * Source: Bloomberg, Jordan Times, Zawya Disclaimer Awraq Investments and its affiliates obtain information from sources they believe to be reliable, but do not warrant its accuracy or fitness for a particular purpose, and disclaim for themselves and their information providers all liability arising from the use. The Information in this publication is provided in good faith for informational purposes only. The information provided is not offered as tax, legal, or investment advice, or an offer to buy or sell securities or otherwise. The information provided in this publication may be displayed and printed for your personal, non-commercial use only. You may not reproduce, re-transmit, distribute, disseminate, sell, publish, broadcast, or circulate the information in any form or media to anyone, without the expressed written consent of Awraq Investments. Awraq Investments is not liable for any loss resulting from any action taken or reliance made by any person on any information or material posted by it. You should make your own inquiries and seek independent advice from relevant industry professionals before acting or relying on any information or material made available to you in this publication. You rely on this information at your own risk. Awraq Investments, its subsidiaries, parent, and/or any connected parties, may act or trade and/or enter into any transaction that maybe inconsistent or disregard any information contained herein.