Amman Stock Exchange Daily Report - 16 December

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1. Amman Stock Exchange 16-Dec-19 AMMAN SE GENERAL INDEX 1 ,910 Close % Change 1,812.10 0.05% Year-to-Date (YTD) -5.07% Daily Volume (shares) 2,964,238 Daily Turnover (JOD) 3,482,637 6 MONTHS INDEX PERFORMANCE 1,890 1,870 1,850 1,830 1,810 1,790 1,770 1,750 Best Performing Companies AL ENTKAEYA FOR INVESTMENT BINDAR TRADING & INVESTMENT DEERA INVESTMENT & REAL ESTA ZARA INVESTMENTS MASAFAT FOR SPECIALIZED TRAN Worst Performing Companies % Change 4.88 4.65 3.90 3.39 2.94 Top Traded Companies by Volume (Shares) UNION INVESTMENT CORP METHAQ REAL ESTATE INVESTMEN SABA'EK INVESTMENT DEERA INVESTMENT & REAL ESTA TUHAMA FOR FINANCIAL INVESTM * Source: Bloomberg 433,336 235,561 229,251 221,350 147,310 ARAB PHOENIX HOLDINGS AL-TAJAMOUAT FOR CATERING HS SURA DEVELOPMENT AND INVESTM ARABIAN STEEL PIPES AL FARIS NATIONAL COMP FOR I % Change (3.13) (3.13) (3.45) (3.66) (4.05) Top Traded Companies by Value (JOD) METHAQ REAL ESTATE INVESTMEN UNION INVESTMENT CORP ARAB BANK PLC JORDAN PETROLEUM REFINERY CO CENTURY INVESTMENT GROUP 638,320 528,638 351,715 237,980 206,921
2. Macroeconomic & Corporate News US grants Jordan $745 million as part of ongoing support USAID has granted the Treasury around $745 million under a cash transfer agreement signed on Sunday, the last one of its kind for 2019. The agreement was signed by Minister of Planning and International Cooperation Wissam Rabadi and Mission Director of USAID Jim Barnhart in the presence of Prime Minister Omar Razzaz and Charge d'Affaires of the American Embassy ​Karen Sasahara. Rabadi said at the signing that this grant will be part of the 2019 budget, “contributing to reducing the budget deficit, as it is expected that the value of the grant will be transferred to the Treasury’s account before the end of the current year”. Finance minister meets with WB officials over Jordan's economic reforms, relations Finance Minister Mohamad Al-Ississ has met with World Bank (WB) President David Malpass and other officials in Washington DC over the economic situation in Jordan. Al-Ississ also reviewed the government's recent decisions that focus on enhancing financial stability and stimulating exports, the Jordan News Agency, Petra, reported on Friday. The minister also briefed the international lender on procedures that aim at providing a better environment for business and investment in the Kingdom through reducing the operational costs in the real estate and energy sectors, so as to redirect the economy towards achieving growth, Petra said. Discussions also focused on the activities of the WB and the International Finance Corporation in Jordan, partnership between the public and private sectors and progress in the implementation of the reforms launched during the London conference. 4th gov’t economic incentive package to be rolled out next week — Adaileh Minister of State for Media Affairs Amjad Adaileh on Sunday said that the government will announce the fourth and final executive package to improve the national economy next week. The package will focus on the services sector, and will include decisions and measures that improve the quality of services provided to citizens, the Jordan News Agency, Petra reported. The fourth package comes within the framework of the government's commitment to an integrated economic programme that stimulates the national economy, Adaileh 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.