Amman Stock Exchange Daily Report - 16 January

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1. Amman Stock Exchange 16-Jan-20 AMMAN SE GENERAL INDEX 1 ,910 Close % Change 1,865.59 0.67% Year-to-Date (YTD) -2.26% Daily Volume (shares) 2,990,720 Daily Turnover (JOD) 3,352,430 6 MONTHS INDEX PERFORMANCE 1,890 1,870 1,850 1,830 1,810 1,790 1,770 1,750 Best Performing Companies AL-BILAD MEDICAL SERVICES ARAB ALUMINIUM INDUSTRY UNIVERSAL MODERN INDUSTRIES METHAQ REAL ESTATE INVESTMEN JORDAN WORSTED MILLS/THE Worst Performing Companies % Change 4.48 4.08 4.04 3.97 3.83 Top Traded Companies by Volume (Shares) SPECIALIZED INVESTMENT COMPO UNION INVESTMENT CORP JORDAN PETROLEUM REFINERY CO AD-DULAYL INDUSTRIAL PARK CO PROFESSIONAL FOR REAL ESTAT * Source: Bloomberg 443,893 172,725 117,343 111,900 108,720 JORDAN STEEL JORDANIAN PHARMACEUTICAL MAN SURA DEVELOPMENT AND INVESTM UNITED FINANCIAL INVESTMENTS AMMOUN INTERNATIONAL FOR INV % Change (3.33) (3.45) (3.70) (3.77) (3.90) Top Traded Companies by Value (JOD) SPECIALIZED INVESTMENT COMPO JORDAN PETROLEUM REFINERY CO UNIVERSAL MODERN INDUSTRIES UNION INVESTMENT CORP JORDAN ISLAMIC BANK 833,891 401,573 204,344 202,100 175,148
2. Macroeconomic & Corporate News CEO of Qatari energy company hails ‘promising’ investments in Kingdom The Qatari energy company Nebras Power’s (QPSC) investments in Jordan are “successful and promising”, said the company’s CEO Khalid Jolo on Wednesday. In remarks to the Jordan News Agency, Petra, Jolo said that QPSC’s portfolio in Jordan achieved “remarkable” growth rates during the past five years. Highlighting the company’s long-term investments in the Kingdom, the official said that the company’s first investment in the Jordan was the Shams Maan Project, besides four ventures that constitute 17 per cent of the Kingdom’s total energy market. Jordan is one of a few Arab markets in which the company invests, including Oman and Tunisia, he added, pointing out that the company is also considering Kuwait and Morocco. Jordan-Morocco forum explores investment, economic partnership potential Jordanian and Moroccan business owners on Wednesday recommended cancelling the requirement for entry visas for the two countries to strengthen bilateral relations and ease the movement of businesspeople, according to a statement from the Jordanian Businessmen Association (JBA). During the Jordanian-Moroccan Investment Forum, held in Amman, participants agreed to form sectoral committees for the joint business council, which includes businessmen from the JBA and the General Union for Moroccan Contracting, the Jordan News Agency, Petra, reported. The committees aim to evaluate Jordan and Morocco’s economic, investment and commercial relations, enhance cooperation in promising economic sectors in the two countries and deliberate granting preference to Jordanian and Moroccan workers for the competitive advantage of both sides. Aqaba port silos expansion reduces ship wait time, increases storage capacity The grain silos project in Aqaba port has contributed to reducing the time of ship docking from 12 days to three days, which has in turn lowers waiting costs, improves work pace and raises the port’s competitiveness as a centre for reexporting grain from the Kingdom to neighbouring countries. Executive Director of Ports Development and Construction at Aqaba Development Corporation, Mohammad Dardasawi, told the Jordan News Agency, Petra that the project is currently undergoing a new expansion to increase its capacity to 200,000 tonnes over several phases. He pointed out that the expansion will allow Aqaba to become a centre for reexporting grains to neighbouring countries. * 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.