Amman Stock Exchange Daily Report - 25 April

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1. Amman Stock Exchange 25-Apr-18 AMMAN SE GENERAL INDEX 2 ,300 Close % Change 2,192.08 0.26% Year-to-Date (YTD) 3.07% Daily Volume (shares) 5,870,973 Daily Turnover (JOD) 12,245,009 6 MONTHS INDEX PERFORMANCE 2,250 2,200 2,150 2,100 2,050 2,000 1,950 Best Performing Companies ARAB BANK PLC REAL ESTATE & INVESTME/THE AL EQBAL CO FOR INVESTMENT P JORDAN TRADE FACILITIES UNION TOBACCO & CIGARETTE Worst Performing Companies % Change 7.48 7.45 5.15 4.96 4.85 Top Traded Companies by Volume (Shares) ARAB BANK PLC UNION INVESTMENT CORP ARAB EAST INVESTMENT SPECIALIZED INVESTMENT COMPO RUM TOURIST TRANSPORTATION C * Source: Bloomberg 810,846 427,800 415,138 361,660 326,726 INDUSTRIAL COMMERCIAL & AGRI CONSULTING & INVESTMENT GROU JORDAN WORSTED MILLS/THE HOUSING BANK FOR TRADE AND F CAIRO AMMAN - BANK % Change (4.26) (4.41) (4.87) (5.74) (7.32) Top Traded Companies by Value (JOD) ARAB BANK PLC JORDAN PETROLEUM REFINERY CO BANK OF JORDAN AL EQBAL CO FOR INVESTMENT P UNION INVESTMENT CORP 5,469,949 913,647 708,353 647,109 512,091
2. Macroeconomic & Corporate News US Supreme Court rules for Arab Bank over human rights claims The US Supreme Court on Tuesday ruled that foreign corporations cannot be sued in American courts for human rights abuses overseas, refusing to revive a lawsuit claiming Jordan-based Arab Bank Plc. helped finance “militant attacks” in Israel and the Palestinian territories. The 5-4 decision left in place a lower court ruling that had thrown out a lawsuit brought by some 6,000 plaintiffs, including survivors and relatives of non-US citizens killed in attacks, filed under a 1789 US law called the Alien Tort Statute that accused Arab Bank of being the "paymaster" to armed groups. The court ruled along ideological lines, with its five conservatives in the majority and its four liberal justices dissenting. Only in recent years have plaintiffs sought to bring human rights claims under that obscure law. ‘Aqaba’s old port begins evacuation process for transfer to new location’ The Aqaba Company for Ports Operation and Management began on Tuesday transferring operations and equipment from Aqaba’s old port to its new location within the determined timelines and evacuation plan approved by the Cabinet, the company’s general director, Mohamed Mubaidin said. Mubaidin noted that the evacuation of the old port is taking place round-the-clock, taking into account all matters related to the evacuation process, the Jordan News Agency, Petra, reported. The director stressed that all refrigerators owned by the Jordanian Armed Forces-Arab Army were evacuated inside the old port in preparation for their removal and demolition. Olive trees contribute JD100 million to Jordan economy — statistics Olive trees contribute around JD100 million to the Jordanian economy, according to statistics announced on Tuesday at the meeting of the Advisory Committee of the International Olive Council. During the meeting, held at the Amman Chamber of Industry, Agriculture Minister Khaled Hneifat explained that the area cultivated with olives in Jordan totals 640,000 dunums, which make up around 77 per cent of area land cultivated with fruitful trees and about 24 per cent of the total cultivated land in Jordan, the Jordan News Agency, Petra, reported. * 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.