Amman Stock Exchange Daily Report - 21 February

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1. Amman Stock Exchange 21-Feb-19 AMMAN SE GENERAL INDEX 2 ,050 Close % Change 1,980.49 -0.17% Year-to-Date (YTD) 3.76% Daily Volume (shares) 3,191,612 Daily Turnover (JOD) 3,333,734 6 MONTHS INDEX PERFORMANCE 2,000 1,950 1,900 1,850 1,800 1,750 Best Performing Companies AL AMAL FINANCIAL INVESTMENT AL SANABEL INTERNATIONAL CO AL SANABEL INTERNATIONAL CO FUTURE ARAB INVESTMENT CO FUTURE ARAB INVESTMENT CO Worst Performing Companies % Change 6.25 3.45 3.45 3.23 3.23 Top Traded Companies by Volume (Shares) SPECIALIZED INVESTMENT COMPO UNION LAND DEVELOPMENT CORP ARAB PHOENIX HOLDINGS AMMOUN INTERNATIONAL FOR INV AL AMAL FINANCIAL INVESTMENT * Source: Bloomberg 431,880 334,736 328,698 201,150 179,665 AMAD INVESTMENT & REAL ESTAT PHILADELPHIA PHARMACEUTICAL FIRST JORDAN INVESTMENT CO LAFARGE JORDAN CEMENT EMMAR INVESTMENTS & REAL EST % Change (2.27) (2.82) (4.00) (4.00) (6.25) Top Traded Companies by Value (JOD) UNION LAND DEVELOPMENT CORP ARAB BANK PLC SPECIALIZED INVESTMENT COMPO HOUSING BANK FOR TRADE AND F AMMOUN INTERNATIONAL FOR INV 609,111 438,429 424,966 207,186 162,932
2. Macroeconomic & Corporate News enate passes 2019 amendments to banks, JODIC laws as referred from Lower House The Senate on Wednesday endorsed the 2019 amendments to the banks and the Deposit Insurance Corporation (JODIC) laws as referred from the Lower House.Under lawmakers’ amendments to the Banks Law, the Central Bank of Jordan (CBJ) will be required to justify the reasons when issuing a consequent approval to transfer shares or change ownership, the Jordan News Agency, Petra, reported.As worded by MPs and approved by senators, the membership of Islamic banks in the JODIC is changed from optional to mandatory under the 2019 amendments to the corporation’s law. Cabinet appoints new ASEZA chief, fills tops gov’t positions The Cabinet on Wednesday appointed Nayef Bakhit as the new president of the Aqaba Special Economic Zone (ASEZA), replacing Nasser Shraideh, who tendered his resignation earlier, a Prime Ministry statement said.The statement quoted Prime Minister Omar Razzaz as underlining the significance of Aqaba as a tourist destination and an economic hub that supports national economy and serves as a stimulator of economic growth and job generation. Jordan, int'l community endorse $2.4b response plan to Syria crisis for 2019 Jordan and the international community on Wednesday endorsed a $2.4-billion Jordan Response Platform (JRP) for the Syria Crisis for the year 2019.Prime Minister Omar Razzaz described the international community’s support as “invaluable”.“The international community’s support to Jordan in shouldering the impact of the Syrian crisis has helped the country in staying resilient in a very difficult regional setting,” the premier said.His remarks were made during the 11th meeting to launch the 2019 JRP for the Syria Crisis, held at Al Hussein Youth City and chaired by Razzaz. * 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.