Amman Stock Exchange Daily Report - 4 ِApril

Transcription

1. Amman Stock Exchange 4-Apr-18 AMMAN SE GENERAL INDEX 2 ,300 Close % Change 2,217.57 0.38% Year-to-Date (YTD) 4.27% Daily Volume (shares) 5,842,451 Daily Turnover (JOD) 4,634,864 6 MONTHS INDEX PERFORMANCE 2,250 2,200 2,150 2,100 2,050 2,000 1,950 Best Performing Companies PHILADELPHIA INTL EDUCATION CAPITAL BANK OF JORDAN UNITED CABLE INDUSTRIES CO UNITED CABLE INDUSTRIES CO AL AMAL FINANCIAL INVESTMENT Worst Performing Companies % Change 6.33 3.92 3.70 3.70 3.70 Top Traded Companies by Volume (Shares) SURA DEVELOPMENT AND INVESTM UNITED CABLE INDUSTRIES CO CAPITAL BANK OF JORDAN RUM TOURIST TRANSPORTATION C AL-TAJAMOUAT FOR CATERING HS * Source: Bloomberg 1,494,225 750,872 561,309 290,500 259,195 UNION TOBACCO & CIGARETTE ZARA INVESTMENTS INJAZ FOR DEVELOPMENT AND PR JORDAN TRADE FACILITIES JORDAN COMMERCIAL BANK - % Change (3.42) (3.57) (4.32) (4.80) (5.45) Top Traded Companies by Value (JOD) CAPITAL BANK OF JORDAN ARAB BANK PLC SURA DEVELOPMENT AND INVESTM UNITED CABLE INDUSTRIES CO UNION TOBACCO & CIGARETTE 583,191 559,427 542,540 410,440 228,661
2. Macroeconomic & Corporate News 127 ASE-listed companies post profit in 2017 Out of 228 Amman Stock Exchange (ASE)-listed companies, 127 posted profit in 2017, according to a statement of the Jordan Securities Commission (JSC). In the statement, JSC Chairman Mohammad Saleh Hourani said the profit achieved by these companies amounted to around JD1.2 billion, at 5 per cent growth compared to 2016. Another 101 ASE-listed companies posted losses, totaling JD185.4 million, said the statement. Sixty of the profiting companies distributed cash dividends and free shares, at different rates, according to Hourani who added that these results were reflected by an upward trend of the ASE indicator, since the beginning of the year. Jordan's wastewater plant expansion to begin this year Expansion on the main wastewater treatment plant that serves Balqa Governorate's half-a-million residents will commence later this year, according to government officials. The expansion on the project mainly seeks to tackle the health and environment challenges created by the Wadi Shuaib wastewater treatment plant due to the increasing pressure on the facility, according to officials. The ministry announced its plan to renovate the over-pressured facility after Minister of Water and Irrigation Ali Ghazawi visited the plant on Sunday and said that the ministry has installed new filters and a ventilation system worth JD230,000 at the plant. World stocks under pressure from trade war fears Europe's stock markets slid on Tuesday as trade war fears and technology sector woes took their toll, while Wall Street managed small gains after a massive sell-off the previous day. The very partial rebound in American stocks, sparked by bargain-hunting, helped European bourses off their worst levels, traders said. "US stocks are higher in early action, coming off a sharp drop yesterday that came courtesy of festering global trade war concerns and the persistent weakness in the technology sector", Charles Schwab analysts 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.