Amman Stock Exchange Daily Report - 17 September

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1. Amman Stock Exchange 17-Sep-17 Close AMMAN SE GENERAL INDEX 2 ,135.58 % Change Year-to-Date (YTD) -0.04% -1.60% Daily Volume (shares) 2,419,649 6 MONTHS INDEX PERFORMANCE 2,300 2,250 2,200 2,150 2,100 2,050 2,000 Best/Worst Performing Companies Best Performers ARAB INTERNATIONAL HOTELS ISRAA ISLAMIC FINANCIAL AL-RAKAEZ INVESTMENT CO ARAB POTASH/THE CONTEMPORARY FOR HOUSING PRO % Change 4.39 3.92 2.78 1.61 1.25 Top Traded Companies by Value CAPITAL BANK OF JORDAN ARAB BANK PLC JORDAN PHOSPHATE MINES JORDAN STEEL UNION INVESTMENT CORP * Source: Bloomberg Worst Performers JORDANIAN PHARMACEUTICAL MAN NATL PORTFOLIO SECURITIES UNION LAND DEVELOPMENT CORP JORDAN DECAPOLIS PROPERTIES ARABIAN STEEL PIPES % Change (2.44) (2.63) (2.72) (3.51) (3.85) Top Traded Companies by Volume Value traded (JOD) 472,521 413,716 377,256 222,020 204,992 CAPITAL BANK OF JORDAN JORDAN STEEL RUM TOURIST TRANSPORTATION C UNION INVESTMENT CORP JORDAN PHOSPHATE MINES Volume traded (Shares) 488,438 376,677 191,148 170,957 128,644
2. Macroeconomic & Corporate News PM chairs economy taskforce meeting Prime Minister Hani Mulki on Sunday chaired a meeting of the government's economic team to discuss several priority economic issues and progress of previous plans, the Jordan News Agency, Petra, reported. During the meeting, the team also discussed the general budget of 2018. Mulki stressed the importance of addressing budgetary priorities and rationalising the public expenditure as the Decentralisation Law went into effect and governorate councils were elected last month and have already convened for their first meeting. The premier also highlighted the importance of following up on the implementation of the Economic Growth Plan and ensuring the realisation of its goals. The team reviewed the main economic indicators during the past few months, which “showed improvements in some sectors such as tourism, exports, mining, services [banks] and remittances of Jordanian expats”, according to Petra. Ministry to allow hiring foreign workers anew in agriculture sector The Ministry of Agriculture on Sunday announced plans for allowing the recruitment of new foreign workers in the agricultural sector. The scheduled step is aimed at increasing the number of guest workers in the agricultural sector as more lands are expected to be cultivated this year, following the reopening of the Karameh-Turaibil border crossing late last month, according to sector insiders. Ministry of Agriculture Spokesperson Nimer Haddadin said that the ministry, in cooperation with related ministries, is planning to allow the recruitment of new foreign workers in the agricultural sector. The government announced in June last year that it had stopped the recruitment of new guest workers in an effort to regulate the labour market and study the number of guest workers in Jordan. * 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.