Amman Stock Exchange Daily Report - 11 May

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1. Amman Stock Exchange 11-May-17 Close AMMAN SE GENERAL INDEX 2 ,158.90 % Change Year-to-Date (YTD) 0.15% -0.52% Daily Volume (shares) 4,051,168 6 MONTHS INDEX PERFORMANCE 2,300 2,250 2,200 2,150 2,100 2,050 2,000 Best/Worst Performing Companies Best Performers ARABIAN AVIATION INVESTMENT AL EQBAL CO FOR INVESTMENT P ISRAA ISLAMIC FINANCIAL AL SANABEL INTERNATIONAL CO JORDAN NATL SHIPPING LINES % Change 4.56 4.35 4.17 4.04 3.64 Top Traded Companies by Value AL EQBAL CO FOR INVESTMENT P JORDAN PETROLEUM REFINERY CO JORDAN STEEL METHAQ REAL ESTATE INVESTMEN SPECIALIZED INVESTMENT COMPO * Source: Bloomberg Worst Performers JORDANIAN REAL ESTATE FOR DE INVEST BANK CO JORDAN DECAPOLIS PROPERTIES HIGH PERFORMANCE REAL ESTAT LAFARGE JORDAN CEMENT % Change (3.64) (4.32) (4.88) (5.00) (5.00) Top Traded Companies by Volume Value traded (JOD) 2,680,142.00 480,998.50 453,893.70 281,473.80 276,703.80 Volume traded (Shares) JORDAN STEEL 729,960 AD-DULAYL INDUSTRIAL PARK CO 539,752 AL-TAJAMOUAT FOR CATERING HS 408,559 SPECIALIZED INVESTMENT COMPO 285,411 ARAB EAST INVESTMENT 199,208
2. Macroeconomic & Corporate News US aid to Jordan totals $1.3billion in 2017 Prime Minister Hani Mulki on Tuesday met with a delegation of US congressional aides to discuss Washington's assistance to Jordan, the Jordan News Agency, Petra, reported. During the meeting, Mulki stressed the strategic partnership between Jordan and the US, expressing appreciation for Washington’s support for the Kingdom, which, he said, helps reduce the pressure on the national budget and allows the implementation of development projects. The prime minister outlined the repercussions of the regional instability resulting from the Syrian crisis, especially the hosting of 1.3 million Syrians, which has put significant strain on the Kingdom's resources and state budget, along with the education, health, and infrastructure sectors, apart from military and security burdens. Planning Ministry, Arab fund sign $46m loan agreement The Planning and International Cooperation Ministry on Thursday signed a soft loan agreement of $46 million with the Arab Fund for Economic and Social Development to contribute to establishing the Salt ring road. The loan will finance the eastern part of the project, the Jordan News Agency, Petra, reported. The ministry expects the agreement to be presented to the fund’s board of directors in late May and finally endorsed in early June, before procedures to implement the scheme commence. UAE denies lifting ban on import of vegetables, fruits from Jordan The Ministry of Climate Change and Environment, MoCCaE, has denied rumours circulating on Jordanian media outlets with regards to the UAE's lifting of the ban on imports of certain vegetables and fruits from the Kingdom of Jordan, saying that no decision has been issued in these regards by the UAE. Last month, the Ministry announced a decision to ban imports of vegetables and fruits from selected countries with effect from May 15th, 2017, as those products have been found to contain pesticide residues in excess of permissible limits. The counties impacted by the ban include Jordan, Egypt, Oman, Lebanon and Yemen. These countries have been asked to provide a certificate of analysis of pesticide residues for all other vegetables and fruits stating that they are free of such residues as of May 15th, 2017. * 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.