Amman Stock Exchange Daily Report - 13 February

Transcription

1. Amman Stock Exchange 13-Feb-17 Close AMMAN SE GENERAL INDEX 2 ,184.19 % Change Year-to-Date (YTD) 0.34% 0.64% Daily Volume (shares) 3,809,011 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 JORDANIAN EXPATRIATES INV HL JORDAN MASAKEN FOR LAND & IN ZARA INVESTMENTS AL AMAL FINANCIAL INVESTMENT SPECIALIZED INVESTMENT COMPO % Change 5.77 4.90 4.65 4.35 3.70 Top Traded Companies by Value SPECIALIZED INVESTMENT COMPO ARAB BANK PLC JORDAN PETROLEUM REFINERY CO INVEST BANK CO JORDAN ISLAMIC BANK * Source: Bloomberg Worst Performers NATIONAL CABLE & WIRE MANUF EMMAR INVESTMENTS & REAL EST AL-TAJAMOUAT FOR TOURISTIC P JORDAN PHOSPHATE MINES NATL PORTFOLIO SECURITIES % Change (2.94) (3.70) (4.08) (4.35) (4.69) Top Traded Companies by Volume Value traded (JOD) 616,036.60 515,681.20 443,748.40 431,470.40 424,166.80 Volume traded (Shares) SPECIALIZED INVESTMENT COMPO 591,567 AL AMAL FINANCIAL INVESTMENT 494,688 AD-DULAYL INDUSTRIAL PARK CO 405,642 INVEST BANK CO 289,507 AMMOUN INTERNATIONAL FOR INV 209,844
2. Macroeconomic & Corporate News Jordan secures 60% of required funds under 2016 refugee response plan Jordan has secured 60 per cent of the funding required under the 2016 Jordan Response Plan (JRP) to the Syrian crisis, double what was obtained in each of the previous three years, Minister of Planning and International Cooperation Imad Fakhoury said on Monday. Actual contracted funding, as additional grants, to JRP reached approximately 60 per cent of required funding needs for 2016,“ an improved response compared to one-third funding rates in previous years,” Fakhoury said, adding that in 2015, Jordan secured 36 per cent of the appeal value. In addition to grants the Kingdom received under the JRP, concessional financing extended to Jordan in 2016 in the context of the London conference reached $923.6 million (contracted loans), of which $834.6 million is for budget support and $89 million for development projects, according to the minister. Jordan, Egypt sign memo on energy cooperation Energy Minister Ibrahim Saif and his Egyptian counterpart Tarek El Mulla on Monday signed a memorandum of understanding to use infrastructure in both countries to re-export natural gas, the Jordan News Agency, Petra, reported. The signing came as part of Saif’s visit to Egypt to discuss cooperation in the energy sector, natural gas and joint projects. The memorandum also outlines investment opportunities, workshops related to technical and financial issues, and means to exchange expertise. JOPH to supply phosphate, phosphoric acid to Bangladesh Jordan Phosphate Mines Company (JOPH) and the government of Bangladesh on Saturday signed a memorandum of understanding, under which JOPH will supply the south Asian country with 270,000 metric tonnes of phosphate and phosphoric acid. At a total value estimated at $280 million, the company is to deliver these amounts over a period of three years. The MoU was signed by JOPH Chief Executive Officer Shafiq Ashqar and Chairman of the Bangladesh Chemical Industries Corporation (BCIC) Mohammed Iqbal, in the presence of senior officials from the two countries. according to a JOPH statement. JOPH will provide BCIC with 150,000 metric tonnes of rock phosphate and 120,000 metric tonnes of phosphoric acid, used to produce fertilisers. The company will also look into the possibility of exporting DAP fertiliser to Bangladesh. * 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.