Amman Stock Exchange Daily Report - 15 March

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1. Amman Stock Exchange 15-Mar-18 AMMAN SE GENERAL INDEX 2 ,300 Close % Change 2,226.02 0.34% Year-to-Date (YTD) 4.67% Daily Volume (shares) 4,600,115 Daily Turnover (JOD) 7,854,882 6 MONTHS INDEX PERFORMANCE 2,250 2,200 2,150 2,100 2,050 2,000 1,950 Best Performing Companies SOUTH ELECTRONICS AD-DULAYL INDUSTRIAL PARK CO UNION TOBACCO & CIGARETTE SPECIALIZED INVESTMENT COMPO AL SANABEL INTERNATIONAL CO Worst Performing Companies % Change 7.69 5.00 4.84 4.65 3.80 Top Traded Companies by Volume (Shares) SPECIALIZED INVESTMENT COMPO UNION INVESTMENT CORP AD-DULAYL INDUSTRIAL PARK CO UNION LAND DEVELOPMENT CORP CAPITAL BANK OF JORDAN * Source: Bloomberg 524,700 448,850 258,844 232,225 220,841 JORDANIAN PHARMACEUTICAL MAN JORDAN EMIRATES DIMENSIONS LAFARGE JORDAN CEMENT JORDAN MASAKEN FOR LAND & IN INDUSTRIAL -COMMERCIAL & AGRI % Change (2.50) (2.56) (2.94) (3.65) (4.85) Top Traded Companies by Value (JOD) ARAB BANK PLC UNION INVESTMENT CORP SPECIALIZED INVESTMENT COMPO UNION LAND DEVELOPMENT CORP UNION TOBACCO & CIGARETTE 3,719,591 543,164 467,964 443,321 226,646
2. Macroeconomic & Corporate News ‘10,000 electric car charging stations to be built in Jordan’ The German-based company eCharge and local stakeholders have signed cooperation agreements to build more than 10,000 smart electric vehicle charging stations in the Kingdom, Amr Abdou, head of business development at the company, said on Wednesday. Speaking to the Jordan News Agency, Petra, on the sidelines of the 10th Afaq economic conference being held at the Dead Sea area, Abdou said that the agreements were signed after evaluating studies prepared by a Jordanian company on the number of electric vehicles in the Kingdom. He said that Jordan is second in the region, after Dubai, in terms of the number of electric vehicles, adding that this investment is the first of its kind in the region. ‘Owners of lands in Irbid to challenge compensation rates for their properties acquired for gas pipeline Expecting "low" compensation rates for the lands the government has recently acquired to build a gas pipeline, lawyer of the land owners said on Wednesday that he will start legal procedures as of next week to claim higher payments. The government has officially acquired lands in the northern region for the purpose of building a pipeline to bring Israeli gas to Jordan. Rafat Quraan, lawyer of the northern region's land owners, said that he will file lawsuits on behalf of his clients in Ibsar Abu Ali and Deir Al Seaneh in Irbid against the compensation rates for the lands acquired by the government, even though payment values have not been decided yet. "A technical committee from the Lands and Survey Department is supposed to be formed to calculate the compensation rates for the lands acquired," he said, adding that "no such committee has been formed yet, although the acquisition decision was published almost a month ago in the Official Gazette". "But the compensation rates are expected to be low given the high value of the agricultural lands acquired," Quraan told The Jordan Times. * 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.