Amman Stock Exchange Daily Report - 1 March

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1. Amman Stock Exchange 1-Mar-18 AMMAN SE GENERAL INDEX 2 ,300 Close % Change 2,217.34 -0.10% Year-to-Date (YTD) 4.26% Daily Volume (shares) 2,858,152 Daily Turnover (JOD) 3,876,800 6 MONTHS INDEX PERFORMANCE 2,250 2,200 2,150 2,100 2,050 2,000 1,950 Best Performing Companies CONTEMPORARY FOR HOUSING PRO TUHAMA FOR FINANCIAL INVESTM AKARY FOR INDUSTRIES AND REA INTL CO FOR MEDICAL INVEST ARABIAN AVIATION INVESTMENT Worst Performing Companies % Change 6.59 4.55 4.46 4.08 4.05 Top Traded Companies by Volume (Shares) RUM TOURIST TRANSPORTATION C UNION INVESTMENT CORP SURA DEVELOPMENT AND INVESTM UNION LAND DEVELOPMENT CORP JORDAN PHOSPHATE MINES * Source: Bloomberg 268,061 202,850 202,700 174,485 102,255 JORDAN PRESS FOUNDATI/AL-RAI PROFESSIONAL FOR REAL ESTAT FUTURE ARAB INVESTMENT CO SPECIALIZED INVESTMENT COMPO ARAB JORDAN - INVESTMENT BANK % Change (2.44) (2.50) (2.56) (2.56) (4.19) Top Traded Companies by Value (JOD) ARAB BANK PLC UNION LAND DEVELOPMENT CORP JORDAN PHOSPHATE MINES HOUSING BANK FOR TRADE AND F UNION INVESTMENT CORP 510,654 317,022 311,206 256,817 243,184
2. Macroeconomic & Corporate News Drop in fuel prices announced The government’s fuel pricing committee on Wednesday decided to lower the prices of unleaded 90-octane gasoline and diesel by JD0.005 per litre and unleaded 95-octane gasoline by JD0.015 as of Thursday.The committee also decided to maintain the price of kerosene at JD0.520 per litre and the price of gas cylinders at JD7, the Jordan News Agency, Petra, reported. The price of one litre of unleaded 90-octane gasoline will go down during March to JD0.760, down by 0.7 per cent from February’s price, which stood at JD0.765 per litre.The price of unleaded 95-octane gasoline will mark a 1.5-per cent drop, selling at JD0.985 per litre, compared to JD1 last month.The price of diesel will drop to JD0.560 per litre, down by 0.9 per cent, compared to JD0.565 in February. Unemployment rate remains at 18.5% in last quarter of 2017 The unemployment rate reached 18.5 per cent during the last quarter of last year, the Department of Statistics (DoS) said on Wednesday.The joblessness rate remained unchanged compared with the third quarter of last year, according to a statement from the DoS.Unemployment among males stood at 16 per cent, while among females it was 27 per cent. Taking gender into consideration, data shows that the rate among males rose by 0.7 per cent while it decreased among females by 2.5 per cent during the last quarter of 2017 compared to the previous quarter. Electricity tariffs to go up as crude oil prices soar Electricity prices will be increased as of Thursday for all sectors and segments, excluding households that consume 300 kilowatthours (kWh) and less per month, an official said Wednesday.Price of kWh will increase from 12 to 14 fils on all sectors as of March 1st until the end of the month, Farouq Hiyari, chief commissioner of the Energy and Minerals Regulatory Commission told The Jordan Times on Wednesday, attributing the decision to the hike in prices of crude oil over the past three months.The average price of a crude oil barrel in February, January and December of last year rose to $66.2 per barrel, exceeding the $55 cap set by the government to keep electricity tariffs unchanged, he said over the phone. Electricity prices are announced at the end of each month and are based on the average price of crude oil over the previous three months, according to Hiyari. * 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.