Amman Stock Exchange Daily Report - 26 March

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1. Amman Stock Exchange 26-Mar-17 Close AMMAN SE GENERAL INDEX 2 ,240.99 % Change Year-to-Date (YTD) 0.19% 3.26% Daily Volume (shares) 4,884,675 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 ARAB ALUMINIUM INDUSTRY AL-BILAD MEDICAL SERVICES COMPREHENSIVE LAND DEVELOPME UNIVERSAL MODERN INDUSTRIES % Change 7.37 6.49 5.26 4.17 3.69 Top Traded Companies by Value AL SANABEL INTERNATIONAL CO UNION TOBACCO & CIGARETTE SPECIALIZED INVESTMENT COMPO UNION LAND DEVELOPMENT CORP JORDAN PHOSPHATE MINES * Source: Bloomberg Worst Performers HIGH PERFORMANCE REAL ESTAT AL-RAKAEZ INVESTMENT CO NATIONAL CABLE & WIRE MANUF ISRAA ISLAMIC FINANCIAL CONTEMPORARY FOR HOUSING PRO % Change (2.50) (2.70) (2.94) (4.55) (5.36) Top Traded Companies by Volume Value traded (JOD) 761,451.30 586,054.40 545,369.90 537,310.90 390,137.00 Volume traded (Shares) AL-RAKAEZ INVESTMENT CO 623,122 AL SANABEL INTERNATIONAL CO 614,529 JORDAN STEEL 481,381 SPECIALIZED INVESTMENT COMPO 474,644 RUM TOURIST TRANSPORTATION C 343,480
2. Macroeconomic & Corporate News Saudi Arabia major trade partner of Jordan President of the Amman Chamber of Commerce (ACC) Senator Issa Haidar Murad said that Saudi Arabia is one of Jordan's main trade partner, noting that the volume of trade between the two countries stood at $5 billion in 2016 . In a press statement on Saturday on the occasion of the visit of the Saudi King Salman Bin Abdul Aziz Al Saud to Jordan this week, Murad said that Saudi Arabia is Jordan's third major trade partner after the United States and Iraq. He said Jordan imports most of its needs of oil from Saudi Arabia, noting that medicine, air conditions and foodstuffs top Jordan's exports to the neighboring country. The ACC president said that the volume of Saudi investments that have benefited from the Investment Promotion Law since its approval in 1995 and until 2016, reached $3 billion, accounting for 54 percent of the investments of GCC states in Jordan. Jordan, Palestine sign agricultural MoU Agricultural Credit Corporation (ACC) on Thursday signed with the Palestinian Agricultural Credit Institution a Memorandum of Understanding (MoU) to boost cooperation in the areas of agricultural financing and credit and the exchange of expertise and visits. The agreement was signed by Director General of the ACC Mohammad Issa Al Hiyari and Undersecretary of the Palestinian Agriculture Ministry Abdullah Lahlouh. Hiyari said the deal reflects Jordan's keenness to provide all support to the Palestinians as well as the willingness of both countries to develop cooperation in the agricultural credit field. Jordan's Izzat Marji Group obtains license to provide energy audit services As it continues to deliver outstanding achievements in various fields, Izzat Marji Group (IMG) has recently become one of the first companies in the Kingdom to obtain a license from the Ministry of Energy and Mineral Resources (MEMR) allowing it to extend energy audit services. With the new license, IMG can provide energy audit services to the industrial sector with the support of the Jordan Renewable Energy and Energy Efficiency Fund (JREEEF), in addition to various commercial sectors, hotels, hospitals and schools, among others. Moreover, the license aims to provide consumers with the best engineering solutions to ease the burden of energy bills and increase profits in accordance with international standards, while also taking into consideration the environment’s conservation. * 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.