Amman Stock Exchange Daily Report - 2 March

Transcription

1. Amman Stock Exchange 2-Mar-21 AMMAN GENERAL INDEX Close % Change Year-to-Date (YTD) Daily Volume (shares) Daily Turnover (JOD) 1,765.05 -0.12% 6.51% 6,754,087 7,012,219 Index Perfomance Graph 1,800 1,750 1,700 1,650 1,600 1,550 Best Performing Companies ARABIAN DEV CO 17-Feb-21 3-Feb-21 10-Feb-21 27-Jan-21 20-Jan-21 6-Jan-21 13-Jan-21 30-Dec-20 23-Dec-20 9-Dec-20 16-Dec-20 2-Dec-20 25-Nov-20 18-Nov-20 4-Nov-20 11-Nov-20 28-Oct-20 21-Oct-20 7-Oct-20 14-Oct-20 30-Sep-20 23-Sep-20 9-Sep-20 16-Sep-20 2-Sep-20 26-Aug-20 19-Aug-20 5-Aug-20 12-Aug-20 29-Jul-20 22-Jul-20 15-Jul-20 8-Jul-20 1-Jul-20 1,500 Worst Performing Companies % Change 5.88% COMPLAND DEV&INV % Change -4.26% PROFESSIONAL 5.00% CENTURY INV.GRP -4.35% READY MIX CONCRT 4.88% NATIONAL INSURANCE -4.65% JOR PHOSPHATE MN 4.87% ARAB INVEST PROJ -4.76% EAST REAL ESTATE 4.59% ARAB ASSURERS -5.00% Top Traded Companies by Volume (Shares) JORDAN IND.RES. 1,515,647 Top Traded Companies by Value (JOD) INJAZ 1,397,975 INJAZ 638,067 JOR PHOSPHATE MN 946,341 J D PROPERTIES 593,294 JOR ELECTREIC PWR 527,719 JOR ELECTREIC PWR 432,336 ARAB BANK 517,270 RUM GROUP 228,403 JORDAN IND.RES. 430,795
2. Macroeconomic & Corporate News Lower House returns insurance draft law to Senate The Lower House on Monday returned the organisation of insurance works draft law to the Upper House after the former insisted on its previous decision. The Lower House disagreed with the Senate over the items of the draft law regarding the supervision and monitoring powers of the Central Bank of Jordan over the insurance sector, the Jordan News Agency, Petra, reported. Meanwhile, MPs embarked on discussions over the 2010 temporary companies draft law before Speaker Abdulmunim Oddat adjourned the session. The bill allows the registration of non-for-profit companies under the companies register despite items in the Law on Associations that consider such companies private associations. Project launched to digitise gov’t payments The Ministry of Digital Economy and Entrepreneurship, via the World Bank Youth, Technology and Jobs Project, on Monday released the expression of interest (EOI) documents related to the project of digitalising government payments, which aims for a comprehensive management system of governmental collections. The ministry said in a statement that it is working on the project together with the Central Bank of Jordan and the Ministry of Finance, the Jordan News Agency, Petra, reported. The statement also highlighted the ministry’s intention to assess the local and global companies interested in taking part of the tender of the project in order to ensure that ministry’s standards are met as expressed in the EOI documents published on the ministry’s website. Minister of Digital Economy and Entrepreneurship Ahmad Hanandeh said that announcing the EOI is the first step in the tender process, which will allow interested companies to submit solutions and proposals, which are then used in the preparation of the tender, in accordance with global best practices. * Source: 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.