Amman Stock Exchange Daily Report - 27 March

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1. Amman Stock Exchange 27-Mar-18 AMMAN SE GENERAL INDEX 2 ,300 Close % Change 2,223.65 0.02% Year-to-Date (YTD) 4.55% Daily Volume (shares) 6,905,833 Daily Turnover (JOD) 7,753,320 6 MONTHS INDEX PERFORMANCE 2,250 2,200 2,150 2,100 2,050 2,000 1,950 Best Performing Companies INTERNATIONAL BROKERAGE AND SOUTH ELECTRONICS UNION INVESTMENT CORP UNION TOBACCO & CIGARETTE UNION LAND DEVELOPMENT CORP Worst Performing Companies % Change 8.33 8.33 4.96 4.94 4.89 Top Traded Companies by Volume (Shares) SABA'EK INVESTMENT SPECIALIZED INVESTMENT COMPO AL ENTKAEYA FOR INVESTMENT INTERMEDIATE PETROCHEMICHALS AL-TAJAMOUAT FOR CATERING HS * Source: Bloomberg 1,194,100 383,896 278,199 272,090 258,059 COMPREHENSIVE LAND DEVELOPME ZARA INVESTMENTS AMAD INVESTMENT & REAL ESTAT EMMAR INVESTMENTS & REAL EST RESOURCES -CO FOR DEVELOPMENT % Change (2.53) (3.70) (4.21) (5.88) (7.14) Top Traded Companies by Value (JOD) ARAB BANK PLC SABA'EK INVESTMENT JORDAN PETROLEUM REFINERY CO UNION INVESTMENT CORP JORDAN PHOSPHATE MINES 1,005,287 834,550 576,112 494,183 346,888
2. Macroeconomic & Corporate News Cabinet acquainted with Economic Growth Plan The Cabinet, in its meeting on Monday chaired by Prime Minister Hani Mulki, reviewed the monthly agenda related to the Economic Growth Plan to (EGP) for 2018-2022, which was prepared by the government's economic team, the Jordan News Agency, Petra, reported.During a press conference at the Prime Ministry on Monday, State Minster for Media Affairs Mohammad Momani told reporters that the government has set a monthly agenda for all sectors to ensure substantial progress in the implementation of the EGP, in a transparent manner and within a fixed timeframe. New Aqaba port to go operational in mid-2018 Aqaba Special Economic Zone Authority (ASEZA) Chief Commissioner Nasser Shraideh on Monday announced that the new Aqaba port will begin its operations mid-2018, the Jordan News Agency, Petra, reported.The step will follow the old port site’s hand-over to an investment company that bought the location to build the Marsa Zayed, large-scale development project. At a meeting with Aqaba Company for Ports Operation and Management’s director general, Mohammad Mubaideen, and other executives, Shraideh stressed that the Marsa Zayed project, which will be implemented after old facilities are removed, will be a distinctive Gulf of Aqaba landmark, reflective of the city’s cultural and touristic image and a must-visit attraction for Jordanians and guests.He announced that the implementation will start after the site’s official hand-over in September, noting that the relocation process has already begun to the new port on Aqaba’s southern shore. Handling operations at the new port will commence on the 1st of May, he added.The ASEZA chief noted that emptying the old port’s silos and warehouses will take place before the end of April, adding that the Jordan Armed Forces-Arab Army is assisting in the demolition of old buildings. Operations will completely cease at the old port by early May. ordan will protect itself from fallouts of Syria crisis Foreign Minister Ayman Safadi on Monday said that Jordan has been shouldering burdens of hosting the Syrian refugees that have exceeded its capacity, the Jordan News Agency, Petra, reported.During a phone call with the UN Special Envoy to Syria Staffan de Mistura, Safadi stressed that the international community has to meet its responsibilities in addressing the needs of the refugees.He said that Jordan would continue carrying out its humanitarian role in helping the Syrian refugees, who reached 1.3 million.At the same time, Safadi said the Kingdom will take all necessary measures in protection of its national interests and security from the repercussions of any developments on the Syrian crisis.The minister highlighted the importance of sustaining the de-escalation zones in the south of Syria, which emerged as a result of a Jordan-US-Russia effort. * 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.