Amman Stock Exchange Daily Report - 27 October

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1. Amman Stock Exchange 27-Oct-20 AMMAN GENERAL INDEX Close % Change Year-to-Date (YTD) Daily Volume (shares) Daily Turnover (JOD) 1,554.21 -0.05% -14.38% 4,416,787 3,503,886 Index Perfomance Graph 1,700 1,680 1,660 1,640 1,620 1,600 1,580 1,560 Best Performing Companies ARAB STEEL PIPES 26-Oct-20 19-Oct-20 12-Oct-20 5-Oct-20 28-Sep-20 21-Sep-20 14-Sep-20 7-Sep-20 31-Aug-20 24-Aug-20 17-Aug-20 10-Aug-20 3-Aug-20 27-Jul-20 20-Jul-20 13-Jul-20 6-Jul-20 29-Jun-20 22-Jun-20 15-Jun-20 8-Jun-20 1-Jun-20 25-May-20 18-May-20 11-May-20 1,540 Worst Performing Companies % Change 4.92% MIDDLE EAST INS % Change -4.58% SINIORA 4.91% COMP TRANSPORTS -4.84% JORDAN POUL PROC 4.82% JOR PIPES MANFACT -4.84% ARAB BANKING CO. 4.55% ARAB ASSURERS -5.00% AL-TAHDITH 4.55% SOUTH ELECTRONICS -5.26% Top Traded Companies by Volume (Shares) Top Traded Companies by Value (JOD) JORDAN IND.RES. 696,864 UNION TOBACCO 410,669 JOR ELECTREIC PWR 343,995 JOR ELECTREIC PWR 388,657 AMOUN INT. INV. 326,500 UNION INV 281,815 UNION TOBACCO 312,582 ISLAMIC INSUR CO 278,578 JOR STEEL 264,237 ALSHAMEKHA REAL. 217,826
2. Macroeconomic & Corporate News Jordan’s oil bill dropped by 50.1% in first 8 months of 2020 The Kingdom’s oil bill in the first eight months of the year dropped by 50.1 per cent compared with the same period of 2019, according to the Department of Statistics (DoS). The value of the oil bill during the January-August period of 2020 dropped to JD836.5 million, compared with JD1.677 billion in the same period of 2019, according to the DoS monthly report cited by the Jordan News Agency, Petra. Crude oil topped the list of Jordan’s oil imports, amounting to JD307 million followed by diesel with JD183 million during the first eight months. The Kingdom’s total imports in the January-August period of the year dipped by 15.3 per cent to reach JD7.707 billion, compared with JD9.098 billion during the same period of 2019. King says rule of law, safety and security of citizens a top priority His Majesty King Abdullah on Monday reaffirmed the rule of law and protecting citizens as top priorities, and stressed the importance of rejecting wasta (nepotism) in all its forms. During a teleconference meeting with governors, attended by HRH Crown Prince Hussein, King Abdullah urged teamwork, as well as continued coordination and cooperation among all state agencies to uphold the rule of law, especially in dealing with racketeers threatening citizens’ safety and security, expressing support to governors in that regard, according to a Royal Court statement. His Majesty highlighted the role of administrative governors during these exceptional circumstance, noting the importance of direct communication with citizens and urging governors to bolster their outreach efforts to address public concerns. Turning to the upcoming parliamentary elections, the King stressed the importance of taking the measures necessary to ensure transparency, while safeguarding public health and wellbeing. For his part, Interior Minister Tawfiq Halalmeh affirmed commitment to upholding the rule of law, noting that the relevant agencies will not waver in enforcing the law to maintain security and reassure the public. * 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.