Amman Stock Exchange Daily Report - 27 April

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1. Amman Stock Exchange 27-Apr-17 Close AMMAN SE GENERAL INDEX 2 ,185.26 % Change Year-to-Date (YTD) -0.22% 0.69% Daily Volume (shares) 4,544,257 6 MONTHS INDEX PERFORMANCE 2,300 2,250 2,200 2,150 2,100 2,050 2,000 Best/Worst Performing Companies Best Performers ITTIHAD SCHOOLS COMPANY ARAB POTASH/THE EMMAR INVESTMENTS & REAL EST REAL ESTATE DEVELOPMENT JORDAN STEEL % Change 6.67 5.56 4.35 4.00 3.64 Top Traded Companies by Value ARAB BANK PLC JORDAN STEEL UNION INVESTMENT CORP RUM TOURIST TRANSPORTATION C REAL ESTATE DEVELOPMENT * Source: Bloomberg Worst Performers SPECIALIZED INVESTMENT COMPO UNION INVESTMENT CORP ARABIAN AVIATION INVESTMENT JORDAN ISLAMIC BANK AL SANABEL INTERNATIONAL CO % Change (4.30) (4.32) (4.78) (4.98) (5.00) Top Traded Companies by Volume Value traded (JOD) 648,349.60 490,152.90 357,034.70 302,269.00 298,156.50 Volume traded (Shares) JORDAN STEEL 878,327 REAL ESTATE DEVELOPMENT 585,700 RUM TOURIST TRANSPORTATION C 434,195 ARAB EAST INVESTMENT 400,833 UNION INVESTMENT CORP 223,085
2. Macroeconomic & Corporate News CPI rises by 4.6% in February The consumer price index (CPI) rose by 4.6 per cent in February 2017 compared to the same month last year, according to the Department of Statistics (DoS). The figure was the outcome of an increase in the prices of some commodity groups coupled with a drop in the prices of others. Among the groups which contributed to the increase were transport, vegetables, as well as dry and canned legumes. These rose by 18 per cent and 27 per cent, respectively. Also, tobacco and cigarettes and health care contributed to the increase as their prices went up by 11 per cent, each. Moreover, rentals went up by 2 per cent. The groups whose prices dropped were meat and poultry by 5 per cent, fruits and nuts by 10 per cent, garments by 4 per cent and dairy products and table eggs by 2 per cent, according to the DoS. The CPI is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Gov’t taking concrete measures to stimulate growth — PM Prime Minister Hani Mulki on Thursday chaired a meeting of the ministerial economic team and the Economic Policies Council, during which they discussed final recommendations for various sectors to boost economic growth, the Jordan News Agency, Petra, reported. The meeting focused on the implementation of measures, plans and policies aimed at supporting economic sectors and stimulating growth to overcome challenges and boost the national economy's competitiveness. The premier said the government had started taking concrete measures to boost growth in various vital sectors, citing the visits of the economic task force to companies and institutions that contribute to the Kingdom's gross domestic product. The government is serious in its efforts towards active public-private partnership, to encourage the private sector to contribute in the national growth, he noted. Also on Thursday, the premier and the economic team members visited the National Electric Power Company (NEPCO) and held a meeting with the company’s president of the board of directors, Khaldoun Qteishat, and its Director General Abdel Fattah Daradkeh. * 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.