Amman Stock Exchange Daily Report - 8 March

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1. Amman Stock Exchange 8-Mar-21 AMMAN GENERAL INDEX Close % Change Year-to-Date (YTD) Daily Volume (shares) Daily Turnover (JOD) 1,773.65 0.09% 7.03% 6,720,727 8,511,250 Index Perfomance Graph 1,800 1,750 1,700 1,650 1,600 1,550 3-Mar-21 24-Feb-21 17-Feb-21 3-Feb-21 10-Feb-21 27-Jan-21 20-Jan-21 6-Jan-21 13-Jan-21 30-Dec-20 23-Dec-20 9-Dec-20 Best Performing Companies 16-Dec-20 2-Dec-20 25-Nov-20 18-Nov-20 4-Nov-20 11-Nov-20 28-Oct-20 21-Oct-20 7-Oct-20 14-Oct-20 30-Sep-20 23-Sep-20 9-Sep-20 16-Sep-20 2-Sep-20 26-Aug-20 19-Aug-20 5-Aug-20 12-Aug-20 29-Jul-20 22-Jul-20 8-Jul-20 15-Jul-20 1-Jul-20 1,500 Worst Performing Companies % Change 5.00% ARAB INT UNI INS % Change -4.88% SALAM INT TRN TD 5.00% UNIV MOD INDCO -4.90% JOR PETROLM REF 4.93% JO REALESTATE -5.00% ARAB ORIENT INS 4.84% EMMAR INV. DEV. -5.26% UNION INV 4.41% AMWAJ -7.14% COMPLAND DEV&INV Top Traded Companies by Volume (Shares) JORDAN IND.RES. 1,221,544 Top Traded Companies by Value (JOD) JOR PETROLM REF 2,291,565 1,657,444 RUM GROUP 911,878 JOR PHOSPHATE MN JOR PETROLM REF 770,571 NAT'L ALUM IND 544,610 NAT'L ALUM IND 470,750 RUM GROUP 526,469 JOR ELECTREIC PWR 310,856 JORDAN IND.RES. 394,043
2. Macroeconomic & Corporate News Royal Decree approves reshuffle of PM Khasawneh’s Cabinet A Royal Decree was issued on Sunday, approving a reshuffle of Prime Minister Bisher Al Khasawneh’s Cabinet. Mohammad Najjar was appointed as minister of water and irrigation, Ali Ayed as minister of culture, Wajih Azaizeh as minister of transport, Ahmad Ziadat as minister of justice and Khaled Hneifat as minister of agriculture, according to a Royal Court statement. The Royal Decree also approved the appointment of Mohammad Khair Abu Qudais as minister of education and minister of higher education and scientific research, Mahmoud Kharabsheh as minister of state for legal affairs, Maen Qatamin as minister of labour, Sakher Dudin as minister of state for media affairs and Mazen Faraiah as minister of interior. The ministers were sworn in before His Majesty King Abdullah at Basman Palace. Khasawneh and Royal Hashemite Court Chief Yousef Issawi attended the swearing-in. A Royal Decree has also been issued accepting the resignation of the following, as of March 7, 2021: Umayya Toukan as deputy prime minister and minister of state for economic affairs, Mohammad Daoudiyeh as minister of agriculture, Tayseer Nueimi as minister of education, Ali Ayed as minister of state for media affairs and Ahmad Ziadat as minister of state for legal affairs. The decree also accepted the resignation of Basim Tweissi as minister of culture, Mohammad Khair Abu Qudeis as minister of higher education and scientific research, Mahmoud Kharabsheh as minister of state, Marwan Khitan as minister of transport, Motasem Saidan as minister of water and irrigation and Rab’ah Ajarmeh as minister of state for institutional performance development and Maen Qatamin as minister of labour and minister of state for investment affairs. E-commerce takes deeper roots amid pandemic — sector representatives The government has expanded the ceiling of the customs duty exemption on goods bought online from outside the Kingdom to support the e-commerce and logistics sectors and to speed up clearance procedures, according to Finance Minister Mohamad Al-Ississ. According to a Finance Ministry statement, the Customs Department expanded the customs duty exemption ceiling on goods bought online from outside the Kingdom and intended for personal use from JD100 to JD200. For packages below this threshold, a fixed 10 per cent fee will now be imposed. The Finance Ministry is undertaking a comprehensive review of the customs system to “simplify business procedures to serve the national economy”, Al-Ississ noted. * 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.