Amman Stock Exchange Daily Report - 16 April

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1. Amman Stock Exchange 16-Apr-18 AMMAN SE GENERAL INDEX 2 ,300 Close % Change 2,186.16 -0.46% Year-to-Date (YTD) 2.79% Daily Volume (shares) 5,127,565 Daily Turnover (JOD) 3,912,231 6 MONTHS INDEX PERFORMANCE 2,250 2,200 2,150 2,100 2,050 2,000 1,950 Best Performing Companies ZARA INVESTMENTS ARAB INTERNATIONAL CO FOR IN FIRST JORDAN INVESTMENT CO ARAB EAST INVESTMENT REAL ESTATE DEVELOPMENT Worst Performing Companies % Change 3.64 3.56 2.44 2.04 1.96 Top Traded Companies by Volume (Shares) AL-TAJAMOUAT FOR TOURISTIC P SURA DEVELOPMENT AND INVESTM SPECIALIZED INVESTMENT COMPO RUM TOURIST TRANSPORTATION C CAPITAL BANK OF JORDAN * Source: Bloomberg 1,772,462 475,671 422,571 254,008 211,548 BINDAR TRADING & INVESTMENT UNION TOBACCO & CIGARETTE JORDAN LOAN GUARANTEE LAFARGE JORDAN CEMENT IBN AL-HAYTHAM HOSPITAL PLC - % Change (3.95) (4.01) (4.08) (4.12) (4.95) Top Traded Companies by Value (JOD) AL-TAJAMOUAT FOR TOURISTIC P SPECIALIZED INVESTMENT COMPO AL EQBAL CO FOR INVESTMENT P CAPITAL BANK OF JORDAN ARAB BANK PLC 673,825 409,017 377,897 219,523 206,543
2. Macroeconomic & Corporate News CBJ, Energy Ministry sign agreement on online bill payment Governor of the Central Bank of Jordan (CBJ) and Ministry of Energy and Mineral Resources on Sunday signed an agreement to implement the online bill payment services (eFAWATEERcom) to facilitate the online payment of the latter's services. The agreement was signed by CBJ Governor Ziad Fariz and Energy Minister Saleh Kharabsheh. Fariz said that signing the agreement represented a paradigm shift for the various economic sectors that can now use the e-payment system to pay for five of the services the Energy Ministry provides, highlighting that eFAWATEERcom now includes 33 government institutions offering 50 services. "We have been looking forward to this step for years as part of the digital transformation the country is witnessing and we hope in the future not only five services are e-paid, but the entire services the ministry provides," said Kharabsheh. Oil, gold to gain post Western strike on Syria Gold and oil will extend their gains on Monday, albeit modestly, when the markets open for the first time since Western powers launched a missile attack on Syria, but equities and bonds are unlikely to suffer big losses unless the West strikes again or Russia retaliates. "The newsflow is actually better than what it looked like at one point during last week as the strike was surgical, followed by a pullback. Reports show a lot of care was taken not to hit Russian targets, which is a good sign and the market should take heart from that," said Salman Ahmed, chief investment strategist at Lombard Odier investment managers in London. Gold has benefited in recent days as a safe-haven asset amid a US-China trade dispute and the escalating conflict in Syria, which also pushed oil above $70 per barrel due to concerns about a spike in Middle Eastern tensions. King meets leaders over ties, region His Majesty King Abdullah on Sunday, on the sidelines of the Arab summit in Dhahran, Saudi Arabia, met with High Representative of the EU for Foreign Affairs and Security Policy Federica Mogherini over strategic cooperation and partnership relations between the Kingdom and the union. The meeting focused on Middle East crises and the latest developments in Syria, with King Abdullah and Mogherini urging a political solution that preserves Syria’s territorial integrity and unity of its people, according to a Royal Court statement. They also reviewed updates on the peace process and underlined the need to intensify international efforts to resume serious and effective negotiations between the Palestinians and the Israelis, based on the two-state solution, in a way that leads to the establishment of an independent Palestinian state with East Jerusalem as its capital. . * 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.