Amman Stock Exchange Daily Report - 17 December

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1. Amman Stock Exchange 17-Dec-20 AMMAN GENERAL INDEX Close % Change Year-to-Date (YTD) Daily Volume (shares) Daily Turnover (JOD) 1,615.73 0.12% -10.99% 3,330,572 3,407,406 Index Perfomance Graph 1,700 1,680 1,660 1,640 1,620 1,600 1,580 1,560 1,540 1,520 1,500 11-May-20 11-Jun-20 11-Jul-20 11-Aug-20 11-Sep-20 11-Oct-20 Best Performing Companies 11-Nov-20 11-Dec-20 Worst Performing Companies EMMAR INV. DEV. % Change 5.26% ARAB INT INV EDU 4.81% SOCGEN BK - JORDANIE -4.67% TRANSPORT BARTER 4.76% JORDANIAN FUNDS -4.79% NAT/CABL/WIRE/MF 4.76% ARAB ASSURERS -5.00% ARAB INVEST PROJ 4.71% AMWAJ -6.67% Top Traded Companies by Volume (Shares) % Change -4.58% BABELON Top Traded Companies by Value (JOD) RUM GROUP 370,803 ARAB BANK 821,698 FIRST INSURANCE 323,955 ISLAMIC INSUR CO 253,214 ISLAMIC INSUR CO 223,072 FIRST INSURANCE 204,049 ARAB BANK 202,446 JOR PHOSPHATE MN 186,971 JORDAN IND.RES. 164,500 RUM GROUP 174,303
2. Macroeconomic & Corporate News Jordan, EU discuss economic cooperation Jordan and the EU on Wednesday expressed keenness to continue efforts to enhance their "solid partnership" through increasing cooperation through institutional action mechanisms. Priorities of cooperation at the coming stage was among the top issues that some ministers discussed virtually with European Commissioner for Neighbourhood and Enlargement Olivér Várhelyi and other senior officials at the European Commission, according to a Foreign Ministry statement. Discussions went over the economic and financial cooperation programme, sector cooperation priorities, partnership programmes under the framework of the partnership between the Kingdom and the EU and under the European Neighbourhood Policy programme with partner countries in the southern Mediterranean. Deputy Prime Minister and Foreign Minister Ayman Safadi and Várhelyi highlighted the "deep" Jordanian-European strategic partnership. In this regard, Safadi expressed appreciation of EU's support to the Kingdom for providing the first batch of the soft loan/Macro-Financial Assistance (MFA) programme of 250 million euros out of a total of 700 million euros that will be extended to the Kingdom to help the government face the repercussions of COVID-19 and enhance economic growth. Germany extends 65 million euros to WFP operations in Jordan Germany has again shown its commitment to support refugees and vulnerable Jordanians with a contribution of 65 million euros ($76.9 million) to the United Nations World Food Programme (WFP) in Jordan for the years 2020 and 2021, according to WFP statement. The contribution, provided by Germany’s Federal Foreign Office, will enable WFP to continue supporting half a million refugees in communities across the Kingdom, including those living in the Zaatari and Azraq refugee camps, through monthly cash assistance to meet their food and nutritional needs, the statement said. “In 2020, refugees and vulnerable communities in Jordan have faced tremendous challenges due to the outbreak of COVID-19. We are grateful for WFP who has stayed and delivered much-needed assistance during the first months of the pandemic,” German Ambassador to Jordan Bernhard Kampmann said in the statement. “Germany has provided $540 million in additional funding to cover urgent needs caused by COVID-19 worldwide. We are glad to continue to support WFP in its efforts to reach the most vulnerable in Jordan and hope to contribute to building resilience going forward,” Kampmann said. * Source: 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.