Amman Stock Exchange Daily Report - 2 December

Transcription

1. Amman Stock Exchange 2-Dec-20 AMMAN GENERAL INDEX Close % Change Year-to-Date (YTD) Daily Volume (shares) Daily Turnover (JOD) 1,576.10 0.22% -13.17% 8,593,794 7,375,353 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 Best Performing Companies SOUTH ELECTRONICS 11-Oct-20 11-Nov-20 Worst Performing Companies % Change 5.88% ALENTKAEYA COMPANY % Change -2.86% ARABIAN DEV CO 5.26% DAR AL AMAN -3.33% SABAEK INVEST 5.00% PHOENIX HOLDINGS -3.33% NATIONAL INSURANCE 5.00% AL-RAKAEZ -3.33% UNION LAND DEV 4.88% ARAB ASSURERS -5.00% Top Traded Companies by Volume (Shares) NAT CHLORINE 2,500,400 Top Traded Companies by Value (JOD) NAT CHLORINE 2,500,400 CAIRO AMMAN BANK 927,020 CAIRO AMMAN BANK 871,549 FIRST INSURANCE 538,710 UNION INV 607,261 UNION INV 496,216 FIRST INSURANCE 337,925 RUM GROUP 457,944 INJAZ 336,524
2. Macroeconomic & Corporate News Unemployment rate reaches 23.9% in third-quarter of 2020 — DoS The unemployment rate in the third quarter of 2020 stood at 23.9 per cent, up by 4.8 per cent compared with the same period of 2019, the Department of Statistics (DoS) said on Monday. The unemployment rate among men in the aforementioned period amounted to 21.2 per cent, compared with 33.6 per cent among women. The rates increased by 4.1 per cent and 6.1 per cent among males and females, respectively, the DoS noted in a statement carried by the Jordan News Agency, Petra. The unemployment rate among holders of university degrees stood at 27.7 per cent, the department said, noting that 53.1 per cent of unemployed individuals hold a secondary school certificate and higher. The DoS said that a total of 46.9 per cent of unemployed people hold educational qualifications that are lower than a secondary certificate. The unemployment rate also differed according to gender, as the rate of unemployed males who hold a bachelor’s degree and higher reached 25.2 per cent, where the percentage increased to 77 per cent among females who hold at least a bachelor’s degree. The highest unemployment rates were registered in the 15-19 and 20-24 age categories with 53.1 and 45 per cent, respectively. Geographically, Tafileh topped the list of unemployment rate among the 12 governorates registering 28.5 per cent, while Karak recorded the lowest unemployment rate in the Kingdom with 18.4 per cent. FM, Bahrain counterpart talk ties, region Deputy Prime Minister and Foreign Minister Ayman Safadi on Monday received Bahraini counterpart Abdul Latif Al Zayani, according to a Foreign Ministry statement. During the meeting, the two sides discussed means of advancing cooperation between the two kingdoms in various fields to “enhance brotherly ties and serve common interests”, as per the directives of the two countries’ leaderships. Safadi and Zayani reviewed the latest regional developments, with talks covering means to resolve regional crises and serve Arab issues, as well as enhancing security and stability. The two sides also stressed ongoing coordination and consultation over means of activating cooperation towards regional developments, according to the statement. * 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.