Amman Stock Exchange Daily Report - 2 April

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1. Amman Stock Exchange 2-Apr-18 AMMAN SE GENERAL INDEX 2 ,300 Close % Change 2,216.75 0.27% Year-to-Date (YTD) 4.23% Daily Volume (shares) 4,918,374 Daily Turnover (JOD) 4,079,414 6 MONTHS INDEX PERFORMANCE 2,250 2,200 2,150 2,100 2,050 2,000 1,950 Best Performing Companies RUM TOURIST TRANSPORTATION C UNION TOBACCO & CIGARETTE ISRAA ISLAMIC FINANCIAL CAPITAL BANK OF JORDAN AL-TAJAMOUAT FOR TOURISTIC P Worst Performing Companies % Change 6.25 4.92 3.03 3.00 2.56 Top Traded Companies by Volume (Shares) ISRAA ISLAMIC FINANCIAL UNITED CABLE INDUSTRIES CO OFFTEC HOLDING GROUP PLC SPECIALIZED INVESTMENT COMPO ARAB JORDANIAN INSURANCE GRP * Source: Bloomberg JORDAN INTL INSURANCE JORDAN INTL INSURANCE TUHAMA FOR FINANCIAL INVESTM COMPREHENSIVE LAND DEVELOPME COMPREHENSIVE LAND DEVELOPME - % Change (4.35) (4.35) (4.55) (4.88) (4.88) Top Traded Companies by Value (JOD) 796,891 521,042 500,435 407,300 335,020 ARAB BANK PLC SPECIALIZED INVESTMENT COMPO UNITED CABLE INDUSTRIES CO OFFTEC HOLDING GROUP PLC ISRAA ISLAMIC FINANCIAL 720,475 352,462 283,606 267,418 262,974
2. Macroeconomic & Corporate News Jordan’s GDP grows at 1.8 per cent in last year’s fourth quarter Jordan’s gross domestic product (GDP) posted a 1.8 per cent growth at fixed prices during the last quarter of 2017 compared to that of the same period of 2016, the Jordan News Agency, Petra, reported on Sunday. Citing figures of the Department of Statistics, the news agency said in 2017, the GDP posted a 2 per cent growth at fixed prices compared to that of the previous year. 98.9% of 194 ASE-listed companies submit financial statements Amman Stock Exchange (ASE) Deputy CEO Bassam Abu Abbas said 98.9 per cent of 194 listed companies have provided the ASE with their annual reports for the period that ended at 31/12/2017 during the period designated under the directives for listing securities, according to an ASE statement. The percentage reflects listed companies’ compliance with pertaining regulations, and their commitment to the principles of transparency and disclosure, he said in the statement. He added that all companies listed at the ASE should provide the Amman bourse with their annual reports, within three months after the end of the said period, according to the Amman Stock Exchange directives. Abu Abbas indicated that the ASE circulates the reports to brokerage firms, and post them on the ASE website, as part of its disclosure policies. The ASE has suspended the trading of two companies that have not submitted their audited financial statements, he said, adding that their trading suspension will continue until they provide the ASE with the required financial statements, in accordance with its regulations. US endorses $1.525 billion in aid to Jordan, with additional $250m Planning and International Cooperation Ministry on Saturday announced that the FY 2018 Omnibus of US Government Funding Bill has been recently endorsed, according to a joint statement from the ministry and the US embassy in Amman. The FY2018 appropriations for Jordan, both military and economic, were set at not less than $1.525 billion; of which: around $1,08 billion as economic assistance including not less than $745.1 million as budget support and not less than $425 million as military assistance, the statement said. Planning and International Cooperation Minister Imad Fakhoury said that these figures significantly exceed the indicative amounts included in the recently signed Memorandum of Understanding (MoU) for (2018-2022) between the two countries by $250 million. The US has pledged aid worth $6.3 billion for Jordan through 2022, under the said MoU, which stipulates an annual grant of $1.275 billion till the end of the programme. * 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.