Amman Stock Exchange Daily Report - 28 March

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1. Amman Stock Exchange 28-Mar-18 AMMAN SE GENERAL INDEX 2 ,300 Close % Change 2,221.59 0.02% Year-to-Date (YTD) 4.46% Daily Volume (shares) 7,042,202 Daily Turnover (JOD) 8,952,778 6 MONTHS INDEX PERFORMANCE 2,250 2,200 2,150 2,100 2,050 2,000 1,950 Best Performing Companies SOUTH ELECTRONICS RESOURCES CO FOR DEVELOPMENT UNION TOBACCO & CIGARETTE AKARY FOR INDUSTRIES AND REA SPECIALIZED INVESTMENT COMPO Worst Performing Companies % Change 7.69 7.69 5.00 4.86 4.82 Top Traded Companies by Volume (Shares) UNITED CABLE INDUSTRIES CO UNION INVESTMENT CORP AL-TAJAMOUAT FOR CATERING HS INTERMEDIATE PETROCHEMICHALS RUM TOURIST TRANSPORTATION C * Source: Bloomberg 950,374 731,657 606,992 444,600 429,836 JORDAN NATL SHIPPING LINES JORDAN NATL SHIPPING LINES OFFTEC HOLDING GROUP PLC EL-ZAY READY WEAR MANUF CO JORDAN PRESS - FOUNDATI/AL-RAI % Change (3.96) (3.96) (4.00) (4.55) (4.76) Top Traded Companies by Value (JOD) ARAB BANK PLC UNION INVESTMENT CORP CENTURY INVESTMENT GROUP UNION TOBACCO & CIGARETTE UNION LAND DEVELOPMENT CORP 1,496,881 927,511 795,180 764,515 652,458
2. Macroeconomic & Corporate News Gov’t may issue $1-billion eurobonds during Q4 of 2018 — Malhas Finance Minister Omar Malhas said that the government may consider issuing $1-billion eurobonds in the fourth quarter of the year, if it was deemed necessary.Malhas' remarks came during Tuesday's Lower House oversight session in which he added that the lending limits are set in the 2018 State Budget Law, the Jordan News Agency, Petra, reported.Jordan issued $500-million worth of eurobonds on international markets in April 2017. The bond was sold with a yield rate of 5.875 per cent.Citigroup and J.P. Morgan managed the issuance.More than 150 major global investment funds in the US, the UK and Asia, as well as some funds from the Arab Gulf, were part of the oversubscription.In 2016, Jordan issued $1-billion eurobonds on international markets. Over 14 per cent of employees not registered with SSC More than 14 per cent of employees in the Kingdom are not subscribed to the Social Security Corporation (SSC), corporation spokesperson Musa Sbeihi said on Tuesday.During a meeting with Tafileh's imams and preachers, Sbeihi called for raising awareness among workers on their social security rights and for promoting SSC campaigns that aim to acquaint employees with their rights, the Jordan News Agency, Petra, reported.He called on employees to notify the SSC if their employers refuse to register them with the corporation, warning against the dangerous repercussions of such practices on individuals and the society. Regional conference tackles health issues, calls for innovative approach The sixth edition of the Eastern Mediterranean Public Health Network (EMPHNET) Regional Conference kicked off in Amman on Monday under the theme “Innovative approaches: Adapting to the current Eastern Mediterranean Region context”. Held under the patronage of HRH Princess Muna, the conference provides a platform to present ways to adapt innovative approaches in order to improve public health practice in countries across the region, according to organisers. Running through March 29, the three-day programme includes knowledge exchange sessions on issues jeopardising the health of the region’s population, as well as a showcase of the scientifically grounded work of over 200 Field Epidemiology Training Programme graduates and other public health professionals. The burden of noncommunicable diseases, communicable disease outbreaks, emerging and re-emerging infections, weak surveillance systems, public health threats in mass gatherings, risks to biosecurity and public health emergencies are some of the issues covered by the conference, according to the organisers. * 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.