Amman Stock Exchange Daily Report - 23 July

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1. Amman Stock Exchange 23-Jul-17 Close AMMAN SE GENERAL INDEX 2 ,166.12 % Change Year-to-Date (YTD) 0.00% -0.19% Daily Volume (shares) 3,865,237 6 MONTHS INDEX PERFORMANCE 2,280 2,260 2,240 2,220 2,200 2,180 2,160 2,140 2,120 2,100 2,080 2,060 Best/Worst Performing Companies Best Performers AMMOUN INTERNATIONAL FOR INV NATL PORTFOLIO SECURITIES JORDAN MASAKEN FOR LAND & IN FUTURE ARAB INVESTMENT CO HIGH PERFORMANCE REAL ESTAT % Change 4.65 4.65 2.97 2.63 2.63 Top Traded Companies by Value ARAB EAST INVESTMENT SPECIALIZED INVESTMENT COMPO UNION INVESTMENT CORP RUM TOURIST TRANSPORTATION C JORDAN STEEL * Source: Bloomberg Worst Performers SINIORA FOOD INDUSTRIES CO JORDAN DECAPOLIS PROPERTIES ISRAA ISLAMIC FINANCIAL JORDANIAN PHARMACEUTICAL MAN OFFTEC HOLDING GROUP PLC % Change (3.01) (3.23) (3.64) (3.70) (3.77) Top Traded Companies by Volume Value traded (JOD) 690,183.40 650,033.10 315,774.80 234,084.00 158,245.20 Volume traded (Shares) ARAB EAST INVESTMENT 1,000,252 SPECIALIZED INVESTMENT COMPO 599,358 NATIONAL CABLE & WIRE MANUF 461,333 JORDAN STEEL 268,212 RUM TOURIST TRANSPORTATION C 241,155
2. Macroeconomic & Corporate News Saudi Fund for Development to sign project contracts in Jordan Head of the delegation of the Saudi Fund for Development (SFD) Eng. Abdullah bin Mohammad Al-Khowaitir said the fund is keen to continue cooperation with Jordan in light of the distinguished ties between Jordan and the Kingdom of Saudi Arabia. He told Jordan News Agency (Petra) that his visit to Jordan, which will last until Tuesday, aims to follow up on projects implemented through the SFD, noting that the visit will witness the signing of contracts on projects financed by the SFD including the desert highway. During the visit, the delegation will hold talks with the ministers of public works and housing and planning and international cooperation as well as other officials on cooperation between the two sides. Jordan sees growth in tourist revenues as marketing campaign bears fruits — Annab Jordan is exerting efforts to attract more tourists to the country and increase the sector’s revenues, which witnessed an increase in the first half of this year, according to the Ministry of Tourism and Antiquities. Recent figures from the Central Bank of Jordan (CBJ) showed that Jordan’s tourism revenues witnessed a 14.5 per cent growth in the past six months, totalling $2.1 billion, which Tourism Minister Lina Annab attributed to the increase in the number of tourists coming from various markets. The minister highlighted the growth in the number of tourists coming from the Asia-Pacific region, followed by North America and Europe. Jordan's stability 'major attraction' for Chinese investments - ambassador Jordan has a “large” potential to become a hub for starting or relocating Chinese factories, particularly those eyeing branching out to European, US and Arab Gulf markets, Chinese Ambassador to Jordan Pan Weifang said on Tuesday. Speaking at a session organised by the Talal Abu Ghazaleh Knowledge Forum, the diplomat underlined a wide range of “untapped opportunities” in various fields that can benefit all involved parties if implemented. He added that Jordan’s safety and security and its “harmonious” social environment are “major attractions” for Chinese investments both in commodities and technologies, adding that such investments can benefit from the Kingdom’s free trade agreements. * 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.