Amman Stock Exchange Daily Report - 22 December

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1. Amman Stock Exchange 22-Dec-16 Close AMMAN SE GENERAL INDEX 2 ,184.65 % Change Year-to-Date (YTD) -0.08% 2.26% Daily Volume (shares) 2,878,491 6 MONTHS INDEX PERFORMANCE 2,200 2,180 2,160 2,140 2,120 2,100 2,080 2,060 2,040 2,020 Best/Worst Performing Companies Best Performers AL-BILAD MEDICAL SERVICES JORDANIAN EXPATRIATES INV HL AL-RAKAEZ INVESTMENT CO HIGH PERFORMANCE REAL ESTAT ARAB ALUMINIUM INDUSTRY % Change 6.38 4.35 2.94 2.63 2.63 Top Traded Companies by Value UNION INVESTMENT CORP RUM TOURIST TRANSPORTATION C ARAB BANK PLC ARAB POTASH/THE AMMOUN INTERNATIONAL FOR INV * Source: Bloomberg Worst Performers AL SANABEL INTERNATIONAL CO JORDAN PHOSPHATE MINES ARAB EAST FOR REAL ESTATE IN JORDAN MASAKEN FOR LAND & IN NATL PORTFOLIO SECURITIES % Change (2.56) (2.62) (3.42) (3.78) (4.00) Top Traded Companies by Volume Value traded (JOD) 638,267.50 488,166.60 394,614.50 350,603.30 168,391.00 Volume traded (Shares) RUM TOURIST TRANSPORTATION C 581,337 UNION INVESTMENT CORP 543,024 SALAM INTL TRANSPORT & TRAD 220,432 AMMOUN INTERNATIONAL FOR INV 150,800 ARAB EAST INVESTMENT 137,506
2. Macroeconomic & Corporate News EU grants to support water, sanitation projects in northern region EU grants to Jordan for water and sanitation work, worth 40 million euros (around JD30 million), were signed by Minister of Planning and International Cooperation Imad Fakhoury as part of the EU’s support for Jordan’s response to the Syrian crisis, the ministry said on Saturday. The new water and sanitation projects are intended to help Jordanian host communities and the large Syrian refugee population in the Kingdom, where over 1.3 million Syrians currently live. The grants are allocated for the expansion and improvement of water networks in Irbid and Ramtha, the connection of sewage networks to the wastewater disposal network in currently underserved areas in east and west Irbid, and to enhance the capacities of Yarmouk Water Company, the ministry said in a statement. Fakhoury signed two grants which will be administered by the French Development Agency (FDA). Public-private sector cooperation can rejuvenate housing sector — association The housing sector in the Kingdom has been witnessing a decline over the past two years due to “the lack of official support and cooperation between the public and private sectors” in providing services to the public, a sector insider said on Saturday. Zuhair Omari, the president of the Jordan Housing Developers Association, said after the economic crisis started in 2009, the year 2014 recorded “the highest figures” in property sales; however, there was a decline in the sector after that. Kingdom slightly up on property rights index Jordan ranked 45th out of 128 countries and 8th regionally in the International Property Rights Index 2016, registering a slight advancement compared to last year. With an overall score of 5.9 out of 10 points, Jordan recorded an increase of 0.1 compared to last year’s index, according to the report. Under the legal and political environment sub-index, the Kingdom scored 5.3, registering a 0.2 increase compared to last year, scoring 6 in the judicial independence indicator, 3.9 in political stability, 6 in the rule of law and 5.3 in corruption control. Regarding the physical property rights sub-index, Jordan’s performance dropped by 0.1 points, registering 6.7 out of 10, scoring 6.4 in property rights, 4.3 in ease of access to loans and 9.3 in registering property. JOD 9.3 billion the outstanding external public debt in October The outstanding external public debt reached JOD 9.3 billion at the end of October 2016, down by 1.6% from the previous month of the same year. Government data revealed that the outstanding balance of the external public debt was down from JOD 9.4 billion in September 2016 to JOD 9.3 billion in October. * 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.