Amman Stock Exchange Daily Report - 21 March

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1. Amman Stock Exchange 21-Mar-17 Close AMMAN SE GENERAL INDEX 2 ,231.00 % Change Year-to-Date (YTD) 0.23% 2.80% Daily Volume (shares) 3,626,793 6 MONTHS INDEX PERFORMANCE 2,240 2,220 2,200 2,180 2,160 2,140 2,120 2,100 2,080 2,060 2,040 Best/Worst Performing Companies Best Performers UNION TOBACCO & CIGARETTE AL SANABEL INTERNATIONAL CO LAFARGE JORDAN CEMENT EMMAR INVESTMENTS & REAL EST AL EQBAL CO FOR INVESTMENT P % Change 7.40 4.59 4.40 4.17 3.38 Top Traded Companies by Value AL EQBAL CO FOR INVESTMENT P JORDAN PETROLEUM REFINERY CO ARAB BANK PLC JORDANIAN ELECTRIC POWER UNION TOBACCO & CIGARETTE * Source: Bloomberg Worst Performers JORDAN DECAPOLIS PROPERTIES EL-ZAY READY WEAR MANUF CO JORDAN PHOSPHATE MINES SINIORA FOOD INDUSTRIES CO RUM TOURIST TRANSPORTATION C % Change (3.85) (4.08) (4.48) (4.79) (6.82) Top Traded Companies by Volume Value traded (JOD) 3,098,735.00 556,087.30 464,057.20 449,147.70 385,079.40 Volume traded (Shares) RUM TOURIST TRANSPORTATION C 428,150 AL-TAJAMOUAT FOR CATERING HS 310,532 JORDAN STEEL 207,966 UNION INVESTMENT CORP 201,535 JORDANIAN ELECTRIC POWER 199,690
2. Macroeconomic & Corporate News Jordan, France sign 10-mln-Euro agreement for water sector Minister of Water and Irrigation, Hazem al- Nasser, Monday, said that his ministry is now focused on reducing energy consumption in all water facilities by maximizing dependency on renewable energy. Welcoming a French delegation headed by Minister of State for Development and Francophonie, Jean-Marie Le Guen, Al-Nasser, said water sector strategy in Jordan aimed at reducing energy consumption as it represents a growing burden and a big challenge to the financial budget of his ministry. He added that the water strategy aimed to cut water loss to about 30 percent by 2025 as to increase the daily per capita share of potable water. At the meeting attended by officials from both sides, the two ministers signed a 10 million Euro agreement to carry out a project to boost resilience of the water sector in the northern regions, which will be implemented by the Action Against Hunger, which is a global NGO committed to ending world hunger. "Arab Fund" to pay for road projects worth $96mln in Jordan Planning and International Cooperation Minister Imad Fakhoury met with the Director General and the Chairman of Arab Fund for Economic and Social Development (AFESD) Abdullatif Youssef Al Hamad, and discussed enhancing cooperation between Jordan and AFESD. At the meeting's opening, Fakhoury expressed appreciation of the Jordanian government for the fund's continuous support to the Kingdom's efforts in facing the economic and social challenges. The Minister announced AFESD's Preliminary approval of funding Irbid's ring road through a concessional loan that worth $49 million, and Salt ring road with a cost of $47, 5 million. The project aims at improving land transport in the governorates and the neighbouring regions, said Fakhoury. Hilton hotels expands resort portfolio with new resort on shores of Jordan's Dead Sea Hilton today announced the official opening of Hilton Dead Sea Resort & Spa. The opening marks the first Hilton Hotels & Resorts property in Jordan. Strategically located at the lowest point on Earth on the eastern shores of the Dead Sea, the 285room contemporary hotel is an exclusive resort of choice for the discerning international and local traveler. Andreas Lackner, regional head, full service brand management, Hilton said, “The Dead Sea is one of the most unique places in the world and has evolved into a major hub of both religious and health and wellness tourism in the region. As the first Hilton Hotels & Resorts property in the country of Jordan, this project marks an exciting addition to the Hilton portfolio as we continue to deliver distinct hospitality experiences to travelers from around the globe.” * 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.