Amman Stock Exchange Daily Report - 15 February

Transcription

1. Amman Stock Exchange 15-Feb-17 Close AMMAN SE GENERAL INDEX 2 ,199.58 % Change Year-to-Date (YTD) 0.54% 1.35% Daily Volume (shares) 2,444,882 6 MONTHS INDEX PERFORMANCE 2,220 2,200 2,180 2,160 2,140 2,120 2,100 2,080 2,060 2,040 2,020 2,000 Best/Worst Performing Companies Best Performers ARAB POTASH/THE CAPITAL BANK OF JORDAN JORDAN MASAKEN FOR LAND & IN ALIA THE ROYAL JORDANIAN AIR JORDAN NATL SHIPPING LINES % Change 6.84 5.00 4.92 4.55 4.49 Top Traded Companies by Value ARAB BANK PLC JORDAN PETROLEUM REFINERY CO JORDAN ISLAMIC BANK AD-DULAYL INDUSTRIAL PARK CO CAPITAL BANK OF JORDAN * Source: Bloomberg Worst Performers EMMAR INVESTMENTS & REAL EST CONTEMPORARY FOR HOUSING PRO SPECIALIZED INVESTMENT COMPO HIGH PERFORMANCE REAL ESTAT WINTER VALLEY TOURISM INVEST % Change (3.70) (3.74) (4.46) (5.00) (5.26) Top Traded Companies by Volume Value traded (JOD) 1,038,770.00 347,831.00 186,703.90 181,253.30 124,725.40 Volume traded (Shares) AD-DULAYL INDUSTRIAL PARK CO 384,390 OFFTEC HOLDING GROUP PLC 212,009 ARAB BANK PLC 160,938 CAPITAL BANK OF JORDAN 153,818 JORDAN PETROLEUM REFINERY CO 104,889
2. Macroeconomic & Corporate News Attracting investments turns refugee crisis into opportunity — economists The social and economic repercussions of hosting refugees in Jordan requires all stakeholders to enhance cooperation in addressing challenges and tensions, economists said on Tuesday. Ahmad Qatanani, an economist and former Prime Ministry consultant, called for developing a comprehensive socioeconomic plan, in partnership with the private sector and donor countries, to enhance Jordan’s economy mainly by encouraging investments. The Kingdom has secured 60 per cent of the funding required under the 2016 Jordan Response Plan to the Syrian crisis — double what was obtained in each of the previous three years, according to the Ministry of Planning and International Cooperation. Qatanani elaborated that encouraging more investments in qualified industrial zones will generate more job opportunities for young Jordanians and refugees, and would “turn tense competition into fruitful cooperation”. Citing youth unemployment figures in Jordan reaching 25 per cent, the economist suggested the “gradual” replacement of guest workers from various nationalities with Syrians, saying that this would enhance the economy, as they spend their income in Jordan and do not transfer money to their home countries. ‘Regional conflicts could affect Jordan’s sustainable development’ Jordan’s sustainable development goals could be threatened by the consequences of regional conflicts, a meeting of the Higher National Committee on Sustainable Development (HNCSD) heard on Wednesday, according to a statement released by the Ministry of Planning and International Cooperation. Chaired by Planning and International Cooperation Minister Imad Fakhoury, the meeting discussed the implementation of a national strategy to apply the Sustainable Development Global Agenda (SGDA) 2030. Fakhoury described the SDGA 2030, adopted in 2015 by His Majesty King Abdullah, alongside other world leaders, as an “ambitious agenda that took into consideration all issues and dimensions of sustainable development”. Speaking to committee members, the minister said a plan has been drawn up to implement the SDGA 2030, with a focus on community awareness and a sense of ownership for all stakeholders. Jordan to host International Energy Summit in April The Kingdom will host the third Jordan International Energy Summit (JIES) on April 2-3, according to a statement released by the Energy Ministry. The JIES is centred around "a world-class programme" with speakers from governments, global energy companies and experts in their fields, and is combined with an international exhibition to allow companies to showcase their projects and expertise, whilst giving Jordan access to the latest technologies and products, 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.