Amman Stock Exchange Daily Report - 10 September

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1. Amman Stock Exchange 10-Sep-17 Close AMMAN SE GENERAL INDEX 2 ,145.18 % Change Year-to-Date (YTD) -0.14% -1.16% Daily Volume (shares) 3,228,928 6 MONTHS INDEX PERFORMANCE 2,300 2,250 2,200 2,150 2,100 2,050 2,000 Best/Worst Performing Companies Best Performers OFFTEC HOLDING GROUP PLC JORDAN PRESS FOUNDATI/AL-RAI JORDAN MASAKEN FOR LAND & IN INTL CO FOR MEDICAL INVEST UNITED CABLE INDUSTRIES CO % Change 4.44 3.77 3.17 3.03 2.50 Top Traded Companies by Value ARAB EAST INVESTMENT RUM TOURIST TRANSPORTATION C ARAB BANK PLC SPECIALIZED INVESTMENT COMPO EL-ZAY READY WEAR MANUF CO * Source: Bloomberg Worst Performers ISLAMIC INSURANCE CO NATIONAL CHLORINE EL-ZAY READY WEAR MANUF CO LAFARGE JORDAN CEMENT IRBID DISTRICT ELECTRICITY % Change (2.99) (3.03) (3.13) (3.18) (3.95) Top Traded Companies by Volume Value traded (JOD) 363,543 277,460 277,311 226,505 159,278 ARAB EAST INVESTMENT EL-ZAY READY WEAR MANUF CO RUM TOURIST TRANSPORTATION C ISRAA ISLAMIC FINANCIAL SPECIALIZED INVESTMENT COMPO Volume traded (Shares) 559,282 499,699 280,585 265,220 221,928
2. Macroeconomic & Corporate News Gov’t launches investment map for governorates The government on Monday announced the launching of an investment map that aims to improve the economy and standards of living in the Kingdom’s governorates. The blueprint, which includes investment opportunities in each governorate, aims mainly to create jobs and combat poverty, said Planning and International Cooperation Minister Imad Fakhoury in the presence of Prime Minister Hani Mulki, who acted as patron to the event. Held at the Sports City complex, the event was attended by ministers, ambassadors and various local and international organisations. The investment map was prepared by the Jordan Investment Commission (JIC) and supported by the Planning Ministry with the aim of achieving a “visible and concrete shift in the development efforts for the respective governorates”, according to Fakhoury. Fakhoury underlined His Majesty King Abdullah’s recent comments during a meeting with community leaders from Jerash, which the minister stressed is also applicable in the rest of the governorates whereby the King said that the main challenge was economy. “It was important to direct investments towards the governorates and ensure cooperation between the government, Parliament and governorate councils,” King Abdullah stressed during the recent meeting. Fakhoury stated that his ministry allocated over “JD5 million for the governorates in 2017 in order to implement the findings of the investment map and put in place the necessary infrastructure for investment”. Jordan, Iraq agree to set up industrial estate on border Industry, Trade and Supply Minister Yarub Qudah on Sunday said that Jordan and Iraq have agreed to establish a joint Jordanian-Iraqi industrial estate on the newly reopened border between the two countries. During a meeting organised by the Jordan Chamber of Industry (JCI) with Iraqi Minister of Industry and Minerals Mohammad Sudani, Qudah noted that the agreement to establish the zone aims at enhancing commercial exchange and at contributing to reconstruction projects in Iraq, the Jordan News Agency, Petra, reported. He added that an Iraqi committee started field visits to Jordanian factories before Eid Al Adha to check on their production capacities, prior to considering exemptions on Jordanian exports to Iraq. The minister expected the committee to warp up the visit programme by next week, noting that it has already been agreed with the Iraqi side that products bound for the eastern neighbour will not be exempted from fees if they are produced in Iraq, where they meet a good part of the market need. Jordan, Palestine discuss establishment of agricultural company Minister of Agriculture Khaled Hneifat and Palestinian Minister of Agriculture Sufian Sultan discussed on Sunday the establishment of a Jordanian — Palestinian agricultural company to export agricultural products, with the support of the two governments and the private sector in both countries and in cooperation with the Arab Investment Company, the Jordan News Agency, Petra, reported. The two sides discussed facilitating the flow of agricultural products between the two countries, pointing out the importance of encouraging farmers to produce non-traditional crops to increase the volume of exports. * 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.