Amman Stock Exchange Daily Report - 17 April

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1. Amman Stock Exchange 17-Apr-18 AMMAN SE GENERAL INDEX 2 ,300 Close % Change 2,194.13 -0.46% Year-to-Date (YTD) 3.17% Daily Volume (shares) 5,101,931 Daily Turnover (JOD) 4,847,568 6 MONTHS INDEX PERFORMANCE 2,250 2,200 2,150 2,100 2,050 2,000 1,950 Best Performing Companies DEERA INVESTMENT & REAL ESTA UNION TOBACCO & CIGARETTE JORDAN LOAN GUARANTEE IBN AL-HAYTHAM HOSPITAL PLC ARAB POTASH/THE Worst Performing Companies % Change 4.76 4.74 4.26 4.17 3.90 Top Traded Companies by Volume (Shares) AL-TAJAMOUAT FOR TOURISTIC P RUM TOURIST TRANSPORTATION C CAPITAL BANK OF JORDAN SPECIALIZED INVESTMENT COMPO AL-TAJAMOUAT FOR CATERING HS * Source: Bloomberg 1,270,400 554,297 389,637 238,903 213,614 INDUSTRIAL COMMERCIAL & AGRI REAL ESTATE & INVESTME/THE RUMM FINANCIAL BROKERAGE JORDANIAN EXPATRIATES INV HL HAYAT PHARMACEUTICAL INDUSTR - % Change (3.16) (3.16) (3.47) (3.64) (7.14) Top Traded Companies by Value (JOD) ARAB BANK PLC AL-TAJAMOUAT FOR TOURISTIC P CAPITAL BANK OF JORDAN JORDAN PETROLEUM REFINERY CO RUM TOURIST TRANSPORTATION C 644,049 484,510 408,163 408,031 360,067
2. Macroeconomic & Corporate News House to discuss SSC asset management, investments Upon the request of around 80 MPs, the Lower House is scheduled to hold a general session on Tuesday to discuss the work mechanism of the Social Security Corporation’s (SSC) investment fund.Lawmakers will also discuss an amended version of the 2014 SSC Law proposed by MP Abdul Karim Doughmi.Doughmi, a lawyer and former justice minister, has recently said that the proposed amendment to the law seeks to protect the assets of the SSC, adding that the amendments he suggested to the law would oblige the SSC Investment Fund (SSIF) to obtain the approval of the corporation’s board of directors for any investment it endorses. Romanian, Jordan businesspeople share expertise on trade, industry sectors Over 100 Jordanian and Romanian companies on Monday gathered in Amman to discuss ways to enhance bilateral economic ties and strengthen the exchange of expertise between the two countries' business communities. Held under the patronage of Princess Margareta, custodian of the Romanian Crown and Prince Radu, the Romania - Jordan Business Forum witnessed the participation of a number of officials and businesspeople from Jordan and Romania, who took part in various discussions related to the sectors of trade and industry.In his opening address, Romanian ambassador Nicolae Comanescu stressed his pride in taking part in the organisation of the first Romanian–Jordanian Business Forum in Amman, noting that the project has been encouraged by His Majesty King Abdullah during his previous meetings with the royal family of Romania. "I look forward to continue supporting the business-to-business discussions and meetings between the companies from Romania and Jordan. This business forum is a first step that will contribute to generate an added value to our positive diplomatic relations with the Kingdom," he told The Jordan Times. Jordanian diplomacy makes gains at Arab summit as leaders support Jerusalem custodianship’ Arab leaders’ stand in support of Jordan's Department of Jerusalem Awqaf as the sole legal entity to administer Al Haram Al Sharif/Al Aqsa Mosque came at a crucial time, reasserting the Kingdom's historic role as a caretaker of the occupied holy city, pundits said Monday.Resolutions of the 29th Arab summit, which concluded in Saudi Arabia on Sunday, coupled with the summit's Dhahran Declaration, sent a strong and a clear message that stressed on the Hashemite custodianship and His Majesty King Abdullah's key role in defending Jerusalem, they noted.The declaration issued at the conclusion of the highest-profile pan-Arab gathering followed the recent US decision to recognise Jerusalem as the capital of Israel and during preparations by the US to relocate its embassy from Tel Aviv to Jerusalem, slated for this May. The announcement was “timely”, they agreed."The stands of the heads of Arab states were very positive amid developments related to Jerusalem, including the US decision on the city," Fahed Khitan, a political analyst, told The Jordan Times on Monday. * 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.