Amman Stock Exchange Daily Report - 26 April

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1. Amman Stock Exchange 26-Apr-17 Close AMMAN SE GENERAL INDEX 2 ,190.06 % Change Year-to-Date (YTD) 0.15% 0.91% Daily Volume (shares) 6,734,996 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 AL-BILAD MEDICAL SERVICES ARAB POTASH/THE AL-TAJAMOUAT FOR CATERING HS BANK OF JORDAN ISRAA ISLAMIC FINANCIAL % Change 5.26 3.69 3.57 2.80 2.38 Top Traded Companies by Value AL AMAL FINANCIAL INVESTMENT JORDAN PETROLEUM REFINERY CO ARAB BANK PLC REAL ESTATE DEVELOPMENT AL-TAJAMOUAT FOR CATERING HS * Source: Bloomberg Worst Performers ALIA THE ROYAL JORDANIAN AIR ARAB BANKING CORP/JORDAN AL SANABEL INTERNATIONAL CO ARABIAN AVIATION INVESTMENT ARAB PESTICIDE AND VETERINAR % Change (4.26) (4.69) (4.76) (4.87) (7.50) Top Traded Companies by Volume Value traded (JOD) 1,577,701.00 898,157.00 627,191.00 622,542.60 396,665.40 Volume traded (Shares) AL AMAL FINANCIAL INVESTMENT 2,292,974 REAL ESTATE DEVELOPMENT 1,244,182 AL-TAJAMOUAT FOR CATERING HS 699,333 JORDAN PETROLEUM REFINERY CO 253,840 BARTER CO FOR INVESTMENT & T 220,300
2. Macroeconomic & Corporate News Jordan issues $500mln Eurobonds The ministry of finance on Wednesday announced that it had successfully issued $500 million worth of Eurobonds on international markets with a yield rate of 5.875 per cent. The underwriting applications for the bonds, due in 2026, amounted to more than $1.7 billion, or more than 300 per cent of the issuance value, according to a statement issued by the ministry. It added that about 150 major investment funds from the U.S., the UK, Asia and Arab Gulf countries participated in the underwriting. The ministry said this successful issuance reflects the country's efforts to attract investments, enhancing investor confidence in the Jordanian economy and boost the government's drive towards effective fiscal reform. This issue is part of a cash flow plan designed to secure financial needs in accordance with the public debt strategy aimed at diversifying sources of finance and reducing borrowing costs, as well as increasing the maturity dates of the public debt portfolio. The issuance was managed by J.P. Morgan and Citigroup. UAE's Careem ride-hailing app partners with Jordan's Kinz to ensure better mapping Aiming to continually enhance the rider experience and to support local businesses, Careem, the region’s leading ridehailing app, today announced its new partnership with Kinz, aleading company specializing in data mining that covers all sectors of the economy, updated regularly and in line with the Ministry of Industry, Trade, and Supply, and other official entities.Users of the Careem app will officially be able to take advantage of the benefits of the partnership between Careem and Kinz by mid-May. Serving a dual purpose, this strategic partnership serves to emphasize Careem’s commitment to being a corporate citizen of the community that supports and works with local companies and to prove its ongoing efforts taken to enhance its application for all users. With Kinz, Careem will go beyond the already available maps through Google, investing in a local startup that maps out every business in Jordan. * 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.