Amman Stock Exchange Daily Report - 16 April

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1. Amman Stock Exchange 16-Apr-17 Close AMMAN SE GENERAL INDEX 2 ,221.34 % Change Year-to-Date (YTD) -0.34% 2.35% Daily Volume (shares) 6,127,712 6 MONTHS INDEX PERFORMANCE 2,240 2,220 2,200 2,180 2,160 2,140 2,120 2,100 2,080 2,060 2,040 Best/Worst Performing Companies Best Performers ZARA INVESTMENTS JORDAN DUBAI ISLAMIC BANK INTL CO FOR MEDICAL INVEST BARTER CO FOR INVESTMENT & T CAPITAL BANK OF JORDAN % Change 4.17 3.97 3.75 3.33 2.47 Top Traded Companies by Value SPECIALIZED INVESTMENT COMPO UNION INVESTMENT CORP ARABIAN AVIATION INVESTMENT JORDAN PHOSPHATE MINES AL-TAJAMOUAT FOR CATERING HS * Source: Bloomberg Worst Performers AMMOUN INTERNATIONAL FOR INV EMMAR INVESTMENTS & REAL EST JORDAN STEEL JORDAN MASAKEN FOR LAND & IN ZARKA EDUCATION & INVESTMENT % Change (3.33) (3.85) (4.00) (4.74) (7.35) Top Traded Companies by Volume Value traded (JOD) 1,062,740.00 998,733.00 766,627.80 611,855.80 534,719.30 Volume traded (Shares) AL-TAJAMOUAT FOR CATERING HS 972,365 SPECIALIZED INVESTMENT COMPO 846,700 UNION INVESTMENT CORP 604,962 AL AMAL FINANCIAL INVESTMENT 450,968 REAL ESTATE DEVELOPMENT 444,695
2. Macroeconomic & Corporate News Jordan's real estate trading reaches $2bln in Q1 2017 Real estate trading during the first quarter of 2017 amounted to JD1.505 billion, 6 per cent lower than the JD1.604 billion recorded during the same period of 2016. The Department of Lands and Survey (DLS) said that the north Amman land registration directorate ranked first with a trading volume amounting to JD307 million, followed by the Amman land registration directorate at JD210 million, followed by the west Amman land registration directorate at JD177 million and fourth came south Amman land registration directorate at a trading volume of JD156 million. Amman's land registration directorates and the main centre acquired 72 per cent of the total trading with a total of JD1.87 billion. Revenues in the first quarter of this year stood at JD78.5 million, 5 per cent less than the JD82.7 million in the same period last year, Petra reported, adding that real estate sales to non-Jordanian investors in the first three months of 2017 stood at 632 transactions, 479 were for apartments and the rest for land, at an estimated value of JD88.7 million. Britain allocates $1.24billion for Syrian refugees, host countries Britain has allocated 1 billion pounds ($1.24 billion), including 160 million pounds of new money, to help Syrian refugees displaced by six years of civil war and countries that host them. International donors are expected to pledge billions more dollars in aid for Syria at a two-day conference in Brussels from Tuesday that the European Union says must also help prepare for an eventual end to the war. Prime Minister Theresa May, who was in Saudi Arabia after a visit to Jordan, will focus the extra British funds on creating jobs and providing education for the refugees, the government said in a statement sent by its Middle East Media Hub in Dubai. The funds include 840 million pounds of pledges made at a Syria aid conference in London in February last year. Jordan's exports to US reaches $1.7bln Minister of Industry, Trade and Supply Yaroub Qudah said that the value of Jordan's exports to the U.S. market stood at $1.7 billion, noting that it is mostly focused on the sector of garments and textile. During a roundtable discussion at the Jordan Business Association on Tuesday, the minister said that the government is exerting efforts to expand non-traditional markets for Jordanian exports that declined by 19 percent during 2014-2016 due to the current situation in the region. The government's efforts he said are focused on the American and EU markets, adding that it is also exerting efforts to enter the African market and overcome obstacles and administrative procedures that prevent the flow of Jordanian goods to this market. * 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.