Amman Stock Exchange Daily Report - 28 February

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1. Amman Stock Exchange 28-Feb-18 AMMAN SE GENERAL INDEX 2 ,300 Close % Change 2,219.67 -0.47% Year-to-Date (YTD) 4.37% Daily Volume (shares) 5,145,487 Daily Turnover (JOD) 7,851,782 6 MONTHS INDEX PERFORMANCE 2,250 2,200 2,150 2,100 2,050 2,000 1,950 Best Performing Companies CONTEMPORARY FOR HOUSING PRO AKARY FOR INDUSTRIES AND REA UNION INVESTMENT CORP INTL CO FOR MEDICAL INVEST TUHAMA FOR FINANCIAL INVESTM Worst Performing Companies % Change 7.06 4.97 3.48 3.16 3.13 Top Traded Companies by Volume (Shares) CAPITAL BANK OF JORDAN REAL ESTATE DEVELOPMENT SPECIALIZED INVESTMENT COMPO RUM TOURIST TRANSPORTATION C UNION INVESTMENT CORP * Source: Bloomberg 875,314 369,470 364,861 281,824 276,795 ARABIAN AVIATION INVESTMENT EMMAR INVESTMENTS & REAL EST AL-BILAD MEDICAL SERVICES SOUTH ELECTRONICS ARAB BANKING - CORP/JORDAN % Change (4.88) (5.26) (5.75) (7.14) (7.32) Top Traded Companies by Value (JOD) AL EQBAL CO FOR INVESTMENT P ARAB BANK PLC CAPITAL BANK OF JORDAN UNION TOBACCO & CIGARETTE UNION INVESTMENT CORP 1,619,784 1,162,806 878,145 532,153 327,235
2. Macroeconomic & Corporate News Public debt amounts to around JD27.3b in 2017 The Kingdom's public debt by the end of 2017 was estimated at JD27.269 billion, constituting 95.3 per cent of the gross domestic product (GDP) of the same year that reached some JD28.6 billion, the Finance Ministry said on Tuesday.The debt-GDP ratio by the end of 2016 stood at 95.1 per cent, according to a ministry statement, carried by the Jordan News Agency, Petra.The ministry said that the debts of the National Electric Power Company (NEPCO) and the Water Authority of Jordan (WAJ), which are guaranteed by the central government, reached JD7.2 billion by the end of last year.The net public debt increased by JD1.36 billion (up by 1.2 per cent) at the end of 2017 to JD25.44 billion, which constituted 88.9 per cent of the 2017 GDP, the ministry said. Zakat Fund approves measure to help more women debtors The Zakat Fund Board of Directors on Tuesday approved the 6th batch of “Sahm Al Gharimat” (funds allocated for indebted women), the Jordan News Agency, Petra, reported.In this batch, the fund will pay amounts ranging between JD400 and JD1,200 to help release 48 women who were imprisoned after failing to pay back their loans.The total amount donated will reach JD35,578, according to Petra. The council also approved the renovation of six houses of underprivileged families in Irbid and Maan. Since its launch, Sahm Al Gharimat has paid the loans of 434 people at a cost of JD240,000. Indian investments in Jordan reach JD420 million Director General of Jordan Free and Development Zones Group (JFDZG) Ahmad Halaiqa said that Indian investments in private and public free zones amounted to JD420 million, the Jordan News Agency, Petra, reported on Tuesday.Halaiqa pointed out that Indian investments in the free zones were in a variation of industrial and chemical enterprises, noting that the Jordan India Fertiliser Company is the largest Indian investment in the Kingdom with a capital of JD320 million.He added that India has investments of up to JD1.6 million in Zarqa Free Zone in diverse industrial and commercial activities.Halaiqa stressed that the success of the Indian industrial sector in Jordan and the opening of new markets for Indian exports, as well as the close relations between the leaderships of the two countries, is a foundation for building stronger economic relations based on cooperation and coordination to attract Indian industrialists and investors. * 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.