Amman Stock Exchange Daily Report - 30 April

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1. Amman Stock Exchange 30-Apr-18 AMMAN SE GENERAL INDEX 2 ,300 Close % Change 2,191.52 -0.64% Year-to-Date (YTD) 3.04% Daily Volume (shares) 3,797,190 Daily Turnover (JOD) 8,504,902 6 MONTHS INDEX PERFORMANCE 2,250 2,200 2,150 2,100 2,050 2,000 1,950 Best Performing Companies ARAB BANK PLC HAYAT PHARMACEUTICAL INDUSTR AL SANABEL INTERNATIONAL CO JORDANIAN EXPATRIATES INV HL AMAD INVESTMENT & REAL ESTAT Worst Performing Companies % Change 7.46 5.97 4.41 4.35 4.30 Top Traded Companies by Volume (Shares) ARAB BANK PLC SURA DEVELOPMENT AND INVESTM SPECIALIZED INVESTMENT COMPO RUM TOURIST TRANSPORTATION C AL-TAJAMOUAT FOR CATERING HS * Source: Bloomberg 724,284 382,449 354,870 204,766 154,042 REAL ESTATE DEVELOPMENT LAFARGE JORDAN CEMENT IRBID DISTRICT ELECTRICITY BANK AL ETIHAD AFAQ FOR ENERGY CO PLC - % Change (4.08) (4.35) (4.55) (5.59) (7.44) Top Traded Companies by Value (JOD) ARAB BANK PLC SPECIALIZED INVESTMENT COMPO JORDAN MASAKEN FOR LAND & IN JORDAN PHOSPHATE MINES JORDANIAN ELECTRIC POWER 5,463,400 381,873 299,607 222,031 196,925
2. Macroeconomic & Corporate News Halasa, Saudi delegation discuss SFD-funded projects Public Works and Housing Minister Sami Halasa on Sunday met with a delegation from the Saudi Fund for Development (SFD) to follow up on national projects financed by the fund.The projects, covering the health and educational sectors and including real estates, traffic intersections and main roads, are implemented under close follow up from the ministry, according to a ministry statement.Halasa reviewed blueprints for the rehabilitation of emergency departments at several hospitals, and projects to establish a real estate in each of Tafileh, Madaba, Balqa and Jerash. Sharkas says CBJ initiatives improve Jordan’s ranking in financial indexes Central Bank of Jordan (CBJ) Deputy Governor Adel Sharkas on Sunday headed a session at the 2018 Arab banking conference, which was held in Cairo by the Union of Arab Banks.Sharkas, in a session on the role of central banks in supporting the digital transformation and addressing the new monitoring and organisational challenges, stressed that Jordan, through the CBJ, has launched several initiatives that support financial technologies and provided the necessary legal and technical facilities.He noted that CBJ launched a strategy on financial inclusion, which contributed to improving Jordan’s rank on the international financial inclusion index, recently launched by the World Bank, to 42.5 per cent in 2017, compared with 24.6 per cent in 2016, the Jordan News Agency, Petra, reported. Jordan, World Bank to draft 5-year reform matrix on growth, job creation he government is working with the World Bank and donor bodies to devise a five-year reform matrix on growth and job creation, Planning and International Cooperation Minister Imad Fakhoury said in a statement on Sunday. The minister said that the matrix will help the government implement its reform agenda in line with the Economic Growth Plan (EGP) 2018-2022.The matrix will include vertical and horizontal reforms aimed at enhancing Jordan's macroeconomic stability, reduce business costs, increase competitiveness through drafting suitable legislations and create a flexible labour market absorbing more workers. It also seeks to improve and promote the national exports of goods and services, facilitate access to finance from local funding institutions, expand the social security network and conduct reforms in transport, energy and water, according to the minister. The matrix and the financial programme will be part of Jordan's priorities to be discussed at the International Conference on Jordan scheduled in London before the end of 2018, the statement said. * 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.