Amman Stock Exchange Daily Report - 12 December

Transcription

1. Amman Stock Exchange 12-Dec-17 Close AMMAN SE GENERAL INDEX 2 ,129.35 % Change Year-to-Date (YTD) 0.94% -1.89% Daily Volume (shares) 2,598,688 6 MONTHS INDEX PERFORMANCE 2,200 2,180 2,160 2,140 2,120 2,100 2,080 2,060 2,040 2,020 Best/Worst Performing Companies Best Performers ALIA THE ROYAL JORDANIAN AIR SPECIALIZED INVESTMENT COMPO AL EQBAL CO FOR INVESTMENT P JORDAN STEEL UNION INVESTMENT CORP % Change 4.65 4.35 4.25 3.77 3.39 Top Traded Companies by Value UNION INVESTMENT CORP ARAB BANK PLC METHAQ REAL ESTATE INVESTMEN SPECIALIZED INVESTMENT COMPO AL EQBAL CO FOR INVESTMENT P * Source: Bloomberg Worst Performers UNION TOBACCO & CIGARETTE METHAQ REAL ESTATE INVESTMEN NATIONAL CABLE & WIRE MANUF DEERA INVESTMENT & REAL ESTA JORDAN DECAPOLIS PROPERTIES % Change (2.10) (2.20) (3.33) (3.41) (3.77) Top Traded Companies by Volume Value traded (JOD) 626,511 519,672 328,025 290,718 275,184 626,511 UNION INVESTMENT CORP SPECIALIZED INVESTMENT COMPO JORDAN STEEL METHAQ REAL ESTATE INVESTMEN JORDANINVESTMENT AHLI BANK CORP UNION SPECIALIZED INVESTMENT COMPO Volume traded (Shares) 525,940 403,793 213,460 185,325 180,090
2. Macroeconomic & Corporate News Lower House finance committee reviews Labour Ministry budget Members of the Lower House’s finance committee on Tuesday discussed the 2018 draft budgets of the Labour Ministry and affiliated units.MP Ahmad Safadi, head of the panel, said that an unemployment rate of 18 per cent requires effective and serious policies that contribute to addressing shortcomings in the labour market, the Jordan News Agency, Petra, reported.Labour Minister Ali Ghezawi said that the ministry has adopted a new mechanism, in cooperation with the International Labour Organisation, to limit high unemployment rates, noting that the economy in 2017 created 2.5 million jobs, of which 1.4 million were for Jordanians.The committee also discussed the budget of the Social Security Investment Fund with its Executive Chairperson Suhair Al Ali and went over projects the fund implements. 2017 Entrepreneur Award winners honoured Deputising for His Majesty King Abdullah, Royal Court Chief Fayez Tarawneh on Monday attended the 2017 Entrepreneur Awards ceremony of Ernst &Young-Jordan (EY), the Jordan News Agency, Petra, reported.During the ceremony, which was attended by officials, businesspeople and EY partners from across the region, Tarawneh awarded Osama Ali and Omar Ali from "Petra Engineering Industries Co." with the "Entrepreneur of the Year" Award and Hussam Hammo from "Tamatem Games" with the "Emerging Entrepreneur" Award.The candidates were evaluated based on six criteria: leadership spirit, financial performance, strategic direction, innovation, global impact, integrity and personal impact. With the aim of promoting the spirit of innovation and leadership among the young generation in schools and universities, the "Student Entrepreneur of the Year" was also awarded to Laith Abu Taleb of "Waragami World". Social Security Corporation holds women organisations’ symposium in Ghor Safi The Social Security Corporation’s (SSC) media centre on Tuesday held a dialogue on women’s rights to social security with representatives from several women’s associations, ministries and official institutions, a SSC statement said.Held at the Princess Basma Hall in Ghor el Safi in southern Jordan, the event started out with the presentation of a working paper titled “The Role of Social Security in Women’s Social Protection” by SSC spokesman and director of the SSC media centre, Mousa Subaihi. Subaihi stressed the significant role of social security in protecting and empowering women, both economically and socially, urging working women to know more about their rights to social security when they get hired and to make sure they are included under the social security umbrella, the statement 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.