Amman Stock Exchange Daily Report - 19 February

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1. Amman Stock Exchange 19-Feb-18 AMMAN SE GENERAL INDEX 2 ,180 Close % Change 2,247.20 -0.06% Year-to-Date (YTD) 5.66% Daily Volume (shares) 3,591,778 Daily Turnover (JOD) 5,140,079 6 MONTHS INDEX PERFORMANCE 2,160 2,140 2,120 2,100 2,080 2,060 2,040 2,020 Best Performing Companies CAPITAL BANK OF JORDAN CONTEMPORARY FOR HOUSING PRO CONTEMPORARY FOR HOUSING PRO JORDAN MASAKEN FOR LAND & IN JORDAN PHOSPHATE MINES Worst Performing Companies % Change 7.29 7.14 7.14 4.69 4.29 Top Traded Companies by Value (JOD) ARAB EAST INVESTMENT CAPITAL BANK OF JORDAN JORDAN PHOSPHATE MINES ARAB BANK PLC SABA'EK INVESTMENT * Source: Bloomberg MASAFAT FOR SPECIALIZED TRAN ALIA THE ROYAL JORDANIAN AIR EL-ZAY READY WEAR MANUF CO JORDAN DUTY FREE SHOP LAFARGE JORDAN CEMENT % Change (3.57) (3.70) (4.00) (4.19) (4.72) Top Traded Companies by Volume (Shares) 236,900 231,431 229,947 174,510 147,000 ARAB BANK PLC JORDAN PHOSPHATE MINES AKARY FOR INDUSTRIES AND REA CAPITAL BANK OF JORDAN JORDAN PETROLEUM REFINERY CO 1,131,137 663,670 348,458 238,374 208,440
2. Macroeconomic & Corporate News Iraq working ‘at full capacity’ to prepare border crossing for smooth trade The government, upon direct Royal directives, is constantly working to further develop effective cooperation with Iraq in all fields, especially at security and economic levels, Interior Minister Ghaleb Zu'bi said on Sunday.Zu'bi's remarks came during a meeting with Iraqi Interior Minister Qasim Araji, with whom he discussed ways to best serve the interests of both countries by enhancing bilateral relations in issues related to anti-terrorism, combatting extremism, border security, thwarting infiltration, human trafficking and trade exchange through the Karameh-Turaibil crossing, the Jordan News Agency, Petra, reported. Zu'bi said that Jordan always seeks to open wider horizons of cooperation with Iraq, that is currently opening up to regional partners after eliminating terrorist groups that had controlled large swathes of lands. Value of insurance premiums reached JD593 million in 2017 — ministry The Industry, Trade and Supply Ministry on Monday said insurance premiums have increased by 1.8 per cent during 2017 amounting to JD593.5 million compared to JD582.9 million in 2016, the Jordan News Agency, Petra, reported. According to a statement issued by the ministry, gross premiums increased by 0.3 per cent amounting to JD513.9 million for 2017 compared to JD512.4 million in 2016.This growth was driven by increase in total vehicle insurance premiums by 3.5 per cent compared to 2016, while the total medical insurance premiums decreased by 2 per cent, and fire insurance and other property damage by 2.3 per cent.Total premiums for life insurance amounted to JD79.6 million during the 2017 compared to JD70.6 million for 2016 with a growth rate of 12.8 per cent. Uber Jordan commits to 50 per cent clean vehicles by end of year Uber Jordan has voiced commitment to having 50 per cent of its vehicles on the network cleaner by the end of 2018. In a statement to The Jordan Times, the company said that nearly 30 per cent of the trips currently delivered on the network in Amman are provided by electric vehicles, including hybrids and full battery electric vehicles.Hamdi Tabbaa, head of operations at Uber Jordan was quoted in the statement as saying that “drivers using the app in Jordan stand to gain from the use of electric vehicles as they are far more efficient than combustion vehicles, and thus the technology can translate to lower daily operating costs for them”, Tabaa added.“To put this into perspective — today it would cost a driver almost JD8 in petrol to drive 100km; to go that distance in a full battery electric vehicle, they could pay just over JD1 for the electricity. “ * 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.