Amman Stock Exchange Daily Report - 14 March

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1. Amman Stock Exchange 14-Mar-17 Close AMMAN SE GENERAL INDEX 2 ,215.63 % Change Year-to-Date (YTD) -0.07% 2.09% Daily Volume (shares) 5,378,740 6 MONTHS INDEX PERFORMANCE 2,240 2,220 2,200 2,180 2,160 2,140 2,120 2,100 2,080 2,060 2,040 Best/Worst Performing Companies Best Performers JORDANIAN EXPATRIATES INV HL FUTURE ARAB INVESTMENT CO AL-TAJAMOUAT FOR CATERING HS MASAFAT FOR SPECIALIZED TRAN SINIORA FOOD INDUSTRIES CO % Change 7.14 5.00 4.00 3.92 3.05 Top Traded Companies by Value ARAB BANK PLC UNION TOBACCO & CIGARETTE METHAQ REAL ESTATE INVESTMEN RUM TOURIST TRANSPORTATION C UNION LAND DEVELOPMENT CORP * Source: Bloomberg Worst Performers UNITED IRON & STEEL MANUFACT AL SANABEL INTERNATIONAL CO REAL ESTATE DEVELOPMENT JORDANIAN PHARMACEUTICAL MAN UNION TOBACCO & CIGARETTE % Change (2.88) (3.23) (4.08) (4.84) (6.14) Top Traded Companies by Volume Value traded (JOD) 1,339,103.00 676,594.90 581,286.00 540,570.80 403,153.40 Volume traded (Shares) RUM TOURIST TRANSPORTATION C 600,630 AD-DULAYL INDUSTRIAL PARK CO 556,127 AL-TAJAMOUAT FOR CATERING HS 480,025 JORDAN STEEL 354,323 METHAQ REAL ESTATE INVESTMEN 346,000
2. Macroeconomic & Corporate News January-February tourism revenues up by 16 per cent — ministry The Kingdom’s tourism revenues in the first two months of the year increased by 16.2 per cent to $652 million, up from $561 million in the same period last year, according to official figures released on Monday. In February 2017, tourism revenues stood at $284.3 million, up by 21.8 per cent, when compared to $233.4 million in February last year, according to data by the Central Bank of Jordan, carried by the Jordan News Agency, Petra. The increase in tourism revenues was attributed to a 17 per cent rise in individual overnight visitors , with 262,500 tourists in February 2017, compared to 224,400 tourists in February 2016. Individual overnight visitors in 2016 stood at around 3.86 million, registering a 2.6 per cent increase compared to 2015, while group overnight visitors were around 314,000, registering a 20 per cent increase over the same period, according to Tourism Ministry figures. Manufacturing diversity key to boosting Jordan's export revenue By diversifying the basket of manufactured goods and increasing the sophistication of these products, Jordan has an opportunity to enhance export revenues and boost its competitiveness, a recently launched study concluded. Carried out by the Jordan Strategy Forum, the first part of the “Jordanian Product Space” study sought to examine the Jordanian economic complexity as a driver of economic prosperity. Over a 50-year period, from 1964 to 2014, Jordan’s Economic Complexity Index (ECI) ranking among the rest of the world witnessed a “huge” decrease, dropping from 15th to 67th place. The economic complexity of a country is derived from an evaluation of the diversification and sophistication of a country’s basket of manufactured goods. While chemical products, textiles and vegetables have the largest share of exports, other sectors like wood production and transportation have the highest levels of sophistication, according to the study. * 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.