Amman Stock Exchange Daily Report - 14 February

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1. Amman Stock Exchange 14-Feb-18 AMMAN SE GENERAL INDEX 2 ,180 Close % Change 2,231.41 -0.35% Year-to-Date (YTD) 4.92% Daily Volume (shares) 5,249,656 Daily Turnover (JOD) 6,702,139 6 MONTHS INDEX PERFORMANCE 2,160 2,140 2,120 2,100 2,080 2,060 2,040 2,020 Best Performing Companies JORDAN NATL SHIPPING LINES REAL ESTATE & INVESTME/THE SALAM INTL TRANSPORT & TRAD AL-RAKAEZ INVESTMENT CO ARAB INTERNATIONAL CO FOR IN Worst Performing Companies % Change 5.16 3.60 3.51 2.78 2.41N/A #N/A Top Traded Companies by Value (JOD) SPECIALIZED INVESTMENT COMPO ARAB BANK PLC SURA DEVELOPMENT AND INVESTM INTERMEDIATE PETROCHEMICHALS UNITED CABLE INDUSTRIES CO * Source: Bloomberg BINDAR TRADING & INVESTMENT REAL ESTATE DEVELOPMENT UNITED IRON & STEEL MANUFACT FUTURE ARAB INVESTMENT CO RESOURCES CO FOR DEVELOPMENT % Change (3.61) (4.65) (4.76) (5.00) (6.67) Top Traded Companies by Volume (Shares) 984,321 279,144 252,240 194,605 192,100 ARAB BANK PLC AL EQBAL CO FOR INVESTMENT P SPECIALIZED INVESTMENT COMPO CAIRO AMMAN BANK INTERMEDIATE PETROCHEMICHALS 1,832,502 808,197 775,209 244,574 153,090
2. Macroeconomic & Corporate News Easing of Jordanian visa restrictions on Indian nationals Stakeholders on Tuesday praised the government’s decision to ease visa restrictions on Indian nationals, who can now obtain visa upon arrival at crossings and airports.The Jordan Investment Commission announced on Monday that it had confirmed the new measure with the Interior Ministry, noting in a statement carried by the Jordan News Agency, Petra, that Indians can now receive visas directly through Jordanian diplomatic missions or choose to obtain a visa upon arrival to the Kingdom.The Jordan Society of Tourism and Travel Agents (JSTA) President Mohammad Samih commended the measure, which would increase the numbers of visitors from the subcontinent. Jordan to secure 5-year U.S. aid pledge -Jordanian official Jordan will secure a promise of five more years of U.S. financial aid in a memorandum of understanding (MoU) to be signed in Amman on Wednesday during a visit by U.S. Secretary of State Rex Tillerson, a Jordanian official said. The previous such MoU was for three years. The new, non-binding MoU secures a minimum $1.275 billion per year from 2018, said the official, who declined to be named because the details had yet to be officially announced. CPF, TAG-Org sign agreement over youth development The Crown Prince Foundation (CPF) and Talal Abu Ghazaleh Organisation (TAG-Org) signed a Memorandum of Understanding (MoU) that aims to enhance joint cooperation in supporting youth development in Jordan, the Jordan News Agency, Petra, reported.The MoU signed by CPF’s Chairman of the Board of Trustees Fawaz Zu’bi and TAG-Org Talal Abu Ghazaleh entails for cooperation between the two parties to support youth initiatives of the CPF by contributing to educational, development and training opportunities for youth within the initiatives of the foundation and linking them with the specialised youth committee at the Talal Abu Ghazaleh Knowledge Forum. * 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.