Amman Stock Exchange Daily Report - 30 October

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1. Amman Stock Exchange 30-Oct-17 Close AMMAN SE GENERAL INDEX 2 ,083.00 % Change Year-to-Date (YTD) -0.53% -4.02% Daily Volume (shares) 3,817,211 6 MONTHS INDEX PERFORMANCE 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 EL-ZAY READY WEAR MANUF CO UNION LAND DEVELOPMENT CORP HIGH PERFORMANCE REAL ESTAT JORDANIAN REAL ESTATE FOR DE % Change 4.74 3.57 3.39 2.63 2.04 Top Traded Companies by Value UNION LAND DEVELOPMENT CORP UNION TOBACCO & CIGARETTE ARAB BANK PLC UNION INVESTMENT CORP JORDAN PHOSPHATE MINES * Source: Bloomberg Worst Performers ARAB POTASH/THE JORDAN PRESS FOUNDATI/AL-RAI UNITED CABLE INDUSTRIES CO OFFTEC HOLDING GROUP PLC ISRAA ISLAMIC FINANCIAL % Change (3.12) (4.00) (4.08) (4.17) (4.55) Top Traded Companies by Volume Value traded (JOD) 1,057,444 906,837 498,796 460,316 373,057 323,768 UNION LAND DEVELOPMENT CORP RUM TOURIST TRANSPORTATION C UNION INVESTMENT CORP UNION TOBACCO & CIGARETTE ARAB EAST INVESTMENT JORDAN JORDAN STEEL PHOSPHATE MINES Volume traded (Shares) 438,889 397,527 395,775 331,342 186,837
2. Macroeconomic & Corporate News Arab Bank posts $600.8 million in net income Arab Bank Group posted $600.8 million in net income after provisions and tax for the first nine months of 2017 compared to $617.9 million in the same period last year, according to a statement from the Arab bank. The bank has continued with solid financial performance which reflects its commitment to grow while maintaining a strong and healthy capital base, the statement said. Sabih Masri, chairman of the group’s board of directors said the group’s financial performance confirms its success in dealing with a challenging operating environment. Shareholders’ equity reached $8.5 billion while customer deposits stood at $33.6 billion, according to the statement. Nemeh Sabbagh, the group’s CEO, attributed the group’s positive results to the strength of its core businesses as its net operating income reached $894 million. As of 30 September 2017, the group’s loan-to-deposit ratio stood at 69.1 per cent, while its capital adequacy ratio computed in accordance with the new Basel III regulations reached 15.9 per cent, Sabbagh said in the statement http://www.ase.com.jo/download/disclosure/1471768 Jordan's Queen Alia airport received over 6 million passengers since January Queen Alia International Airport (QAIA) ended its third quarter with 6,202,370 passengers having passed through its halls during the first nine months of 2017, registering an increase of 6 per cent year-to-date in passenger traffic as opposed to the same period in 2016, according to official figures released by Airport International Group (AIG). Current aircraft movements (ACM) witnessed an increase of 1.7 per cent, standing at 57,909 while the amount of cargo handled increased by 6.9 per cent, totaling to 80,483 tonnes, compared to last year, the AIG said in a statement e-mailed to The Jordan Times on Saturday. For the month of September, passenger traffic marked a 1.4 per cent increase, amounting to 785,454 passengers. Meanwhile, ACM figures witnessed a 2 per cent increase and cargo saw a 33.1 per cent rise, in comparison to September 2016, coming in at 7,066 ACM and 9,430 tonnes respectively Jordan central bank says exchange peg protects economy Jordan's central bank governor Zaid Fariz said on Thursday the exchange peg has protected the economy and attracted investments. The dinar currency is now pegged to the U.S. dollar. Fariz was speaking at a major conference in Saudi Arabia to boost investment in an effort to help the kingdom reduce its reliance on oil exports. * 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.