Amman Stock Exchange Daily Report - 14 December

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1. Amman Stock Exchange 14-Dec-17 AMMAN SE GENERAL INDEX Close % Change Year-to-Date (YTD) Daily Volume (shares) Daily Turnover (JOD) 2,147.16 0.73% -1.07% 1,866,690 3,989,546 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 Performing Companies ARAB ALUMINIUM INDUSTRY JORDAN NATL SHIPPING LINES JORDAN MASAKEN FOR LAND & IN UNION LAND DEVELOPMENT CORP JORDAN PRESS FOUNDATI/AL-RAI Worst Performing Companies % Change 7.30 7.18 4.96 4.95 4.26 Top Traded Companies by Value (JOD) ARAB BANK PLC UNION INVESTMENT CORP JORDAN STEEL BANK OF JORDAN UNION LAND DEVELOPMENT CORP * Source: Bloomberg AFAQ FOR ENERGY CO PLC CAIRO AMMAN BANK COMPREHENSIVE LAND DEVELOPME INTL CO FOR MEDICAL INVEST AL-TAJAMOUAT FOR TOURISTIC P % Change (1.31) (1.95) (2.22) (2.22) (2.27) Top Traded Companies by Volume (Shares) 520,456 331,377 317,336 270,929 154,296 JORDAN STEEL UNION INVESTMENT CORP RUM TOURIST TRANSPORTATION C SPECIALIZED INVESTMENT COMPO UNITED CABLE INDUSTRIES CO 576,950 277,869 177,144 136,450 107,637
2. Macroeconomic & Corporate News Inflation increased by 3.3 per cent in first 11 months of 2017 The inflation rate in the first 11 months of 2017 increased by 3.3 per cent, while it stood at 0.9 per cent in the same period last year, the Department of Statistics (DoS) announced on Wednesday.DoS figures, cited by the Jordan News Agency, Petra, showed that the main categories that led to the increase were transportation (13 per cent), health (8.7 per cent), tobacco and cigarettes (8 per cent), vegetables and legumes (5.2 per cent) and rents (2.5 per cent).Meanwhile, the main items that saw a price decrease are meat and poultry (5.5 per cent), fruits and nuts (3.2 per cent) and clothes (2.9 per cent). Tourism figures during 2017 higher than expected — minister The total number of tourists who visited Jordan between January and the end of November increased by 8.9 per cent compared with the same period of last year, Tourism Minister Lina Annab said on Wednesday."The indicators of the tourism sector in the Kingdom have exceeded all expectations of the World Tourism Organisation [WTO] for the Middle East and North Africa," Annab told The Jordan Times.The WTO's figures have indicated a 4 per cent drop in tourists' numbers in the region, but Jordan witnessed a hike instead, the minister said. Workers urge establishment of system to regulate agricultural sector The Ministry of Labour is considering enacting the necessary legislation to include all workers in the agricultural field under the provisions of the law to encourage Jordanians to engage in the sector, Labour Ministry Spokesperson Haitham Khasawneh has told The Jordan Times. The remarks came as a response to the demands made by several workers in the field during a seminar titled “Working Conditions of Women in the Agricultural Sector” held at the Tamkeen Centre for Legal Aid and Human Rights on December 6.During the event, participants called on the Ministry of Labour to establish a system to regulate the work in the agricultural sector and to guarantee the rights of both workers and employers, noting that the lack of such arrangement has contributed to several violations faced by both sides. In this regard, Khasawneh pointed out that a system of categories for the agricultural workers subject to the provisions of the Labour Law was promulgated and came into effect as of the date of its publication in the Official Gazette on December 7, 2003. * 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.