Amman Stock Exchange Daily Report - 19 January

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1. Amman Stock Exchange 19-Jan-20 AMMAN SE GENERAL INDEX 1 ,910 Close % Change 1,873.10 0.40% Year-to-Date (YTD) -1.87% Daily Volume (shares) 4,922,479 Daily Turnover (JOD) 6,178,501 6 MONTHS INDEX PERFORMANCE 1,890 1,870 1,850 1,830 1,810 1,790 1,770 1,750 Best Performing Companies AL-ISRA FOR EDUCATION & INV JORDAN PRESS FOUNDATI/AL-RAI AMMOUN INTERNATIONAL FOR INV UNITED FINANCIAL INVESTMENTS SURA DEVELOPMENT AND INVESTM Worst Performing Companies % Change 7.07 4.17 4.05 3.92 3.85 Top Traded Companies by Volume (Shares) SPECIALIZED INVESTMENT COMPO ARAB PHOENIX HOLDINGS JORDAN PETROLEUM REFINERY CO ALIA THE ROYAL JORDANIAN AIR AL ENTKAEYA FOR INVESTMENT * Source: Bloomberg 759,018 752,610 477,960 275,085 187,682 HIGH PERFORMANCE REAL ESTAT COMPREHENSIVE MULTIPLE TRANS JORDAN EMIRATES DIMENSIONS JORDANIAN REAL ESTATE FOR DE FIRST FINANCE CORP % Change (3.70) (3.90) (5.00) (5.00) (6.25) Top Traded Companies by Value (JOD) JORDAN PETROLEUM REFINERY CO SPECIALIZED INVESTMENT COMPO CENTURY INVESTMENT GROUP ARAB BANK PLC ARAB PHOENIX HOLDINGS 1,670,678 1,451,176 525,147 340,956 225,691
2. Macroeconomic & Corporate News Agriculture ministry sees potential yields from storage sector investments in 2020 Important investment opportunities in the field of agricultural-product storage could bring "ample financial returns" for stakeholders, Minister of Agriculture Ibrahim Shahahdeh recently said. In a coordination meeting with representatives of the industrial and agricultural sectors at the Amman Chamber of Industry headquarters, Shahahdeh revealed that the ministry’s vision for next year is to “focus on enhancing the role of the storage sector as a high added value for Jordanian agricultural products”.In a statement, Shahahdeh said that the ministry will study ways to help enhance investment in the storage sector and will seek to address the obstacles hindering it. “The potential of this sector constitutes a national interest in enhancing food security, the stability of agricultural prices in the Kingdom and the protection of both farmer and citizen interests,” he added. Pointing to achievements in warehousing operations last year, especially in the case of onions and potatoes, the minister said that the two commodities were made available outside their season of harvest and at affordable prices. SSIF assets grew by 7.8% to reach JD10.98b in 2019 — chief The Social Security Investment Fund's (SSIF) total assets grew by 7.8 per cent at the end of 2019 to reach JD10.98 billion, compared with JD10.19 billion at the beginning of 2019, according to the preliminary financial statements, SSIF CEO Kholoud Saqqaf has said. The SSIF’s income also increased to reach JD559 million by the end of 2019, compared with JD434 million at the end of 2018, marking a 29-per cent growth. According to Saqqaf, this was due to the growth of dividends, returns on fixed income instruments, financial lease loans and real estate investments, according to a statement from the fund. Based on its strategy, the SSIF expanded its real estate investments portfolio during 2019 by purchasing properties at an estimated cost of JD70 million. Tourism sector contributed 53,489 jobs in 2019 — ministry The Ministry of Tourism and Antiquities in 2019 celebrated Petra’s millionth visitor and a general increase in tourism activity, which contributed to the local economy and saw the employment of a total of 53,489 persons.The sector employed individuals in hotels, travel agencies, tourism restaurants, tourism shops, guide centres, diving centres, car rental offices, water sports resorts and tourist transportation companies, according to data published on the ministry’s website.The majority of people employed in the tourism sector worked in hotels and tourism restaurants, each accounting for 39 per cent of the field’s personnel, according to the website. The ministry also published the number of visitors to Jordan’s main tourism sites, categorising them according to nationality and length of stay in the Kingdom. This information showed that most tourists come from European countries, especially Spain, Italy, France and Germany. * 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.