Amman Stock Exchange Daily Report - 23 April

Transcription

1. Amman Stock Exchange 23-Apr-18 AMMAN SE GENERAL INDEX 2 ,300 Close % Change 2,188.79 -0.54% Year-to-Date (YTD) 2.92% Daily Volume (shares) 5,127,258 Daily Turnover (JOD) 5,624,717 6 MONTHS INDEX PERFORMANCE 2,250 2,200 2,150 2,100 2,050 2,000 1,950 Best Performing Companies HOUSING BANK FOR TRADE AND F JORDAN EXPRESS TOURISM TRANS CONSULTING & INVESTMENT GROU DEERA INVESTMENT & REAL ESTA READY MIX CONCRETE & CONSTR Worst Performing Companies % Change 6.21 5.00 4.08 3.57 3.16 Top Traded Companies by Volume (Shares) ARAB JORDANIAN INSURANCE GRP SPECIALIZED INVESTMENT COMPO JORDAN AHLI BANK CAPITAL BANK OF JORDAN AD-DULAYL INDUSTRIAL PARK CO * Source: Bloomberg 601,100 395,059 335,228 306,575 277,985 ARABIAN STEEL PIPES UNION TOBACCO & CIGARETTE ISLAMIC INSURANCE CO MASAFAT FOR SPECIALIZED TRAN AL-DAWLIYA-HOTELS & MALLS % Change (4.72) (4.97) (5.11) (6.00) (7.14) Top Traded Companies by Value (JOD) AKARY FOR INDUSTRIES AND REA ARAB BANK PLC JORDAN AHLI BANK SPECIALIZED INVESTMENT COMPO CAPITAL BANK OF JORDAN 661,170 660,817 413,376 410,960 327,510
2. Macroeconomic & Corporate News Construction activities at standstill as housing developers suspend work Housing developers on Sunday started a week-long work strike in protest of the recently endorsed building by-law, scheduled to go into effect on May 1st.About 95 per cent of the country's 3,400 housing companies halted their construction activities as part of the strike, and dozens of others cancelled their orders to purchase steel, cement and other construction materials, Zuhair Omari, president of the Jordan Housing Developers Association, told The Jordan Times on Sunday."This is only the beginning, and we will escalate until this by-law is abolished… Our sector has incurred huge losses so much so that we cannot tolerate any more," said Omari. 261,644 tourists from Gulf states visited Jordan during Q1, 2018 — JTB The number of visitors from Gulf countries to Jordan reached 261.644 in the first quarter of 2018, an increase of 43 per cent compared with the same period last year, an official said.The Jordan Tourism Board (JTB) General Director Abed Al Razzaq Arabiyat said on Sunday that 170,000 tourists from the Arab Gulf states visited Jordan during the first four months of 2017. In remarks to The Jordan Times, Arabiyat contributed the rise to the number of visitors to several factors, mainly increasing the JTB 2017's budget to JD35 million "for first time".The allocations enabled the board to implement several promotional campaigns and participate in several tourism exhibitions in the Gulf countries to attract nationals and expatriates there to the Kingdom.Currently, JTB is participating in the 25th Arabian Travel Market (ATM) in Dubai, an event that showcases the latest trends and technologies in the hospitality and aviation markets, according to Arabyiat. May 1 announced public holiday as Kingdom celebrates Labour day The Kingdom will observe a public holiday on Tuesday, May 1, on the occasion of Labour Day, according to a communiqué issued by Prime Minister Hani Mulki on Sunday. In the communiqué, the prime minister congratulated all workers on the occasion, the Jordan News Agency, Petra, reported. * 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.