Amman Stock Exchange Daily Report - 5 January

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1. Amman Stock Exchange 5-Jan-17 Close AMMAN SE GENERAL INDEX 2 ,171.44 % Change Year-to-Date (YTD) 0.10% 1.64% Daily Volume (shares) 5,723,843 6 MONTHS INDEX PERFORMANCE 2,200 2,180 2,160 2,140 2,120 2,100 2,080 2,060 2,040 2,020 Best/Worst Performing Companies Best Performers ARAB EAST FOR REAL ESTATE IN AL AMAL FINANCIAL INVESTMENT REAL ESTATE DEVELOPMENT AD-DULAYL INDUSTRIAL PARK CO EMMAR INVESTMENTS & REAL EST % Change 7.48 6.94 4.76 4.26 4.00 Top Traded Companies by Value SPECIALIZED INVESTMENT COMPO ARAB BANK PLC AD-DULAYL INDUSTRIAL PARK CO AL AMAL FINANCIAL INVESTMENT ARAB EAST INVESTMENT * Source: Bloomberg Worst Performers INVEST BANK CO ZARA INVESTMENTS JORDAN WORSTED MILLS/THE ARABIAN AVIATION INVESTMENT ARAB ALUMINIUM INDUSTRY % Change (3.33) (4.65) (4.76) (4.80) (5.80) Top Traded Companies by Volume Value traded (JOD) 695,344.80 605,535.10 458,044.90 347,704.50 335,439.20 Volume traded (Shares) AD-DULAYL INDUSTRIAL PARK CO 956,135 ARAB EAST INVESTMENT 636,941 SPECIALIZED INVESTMENT COMPO 532,209 AL AMAL FINANCIAL INVESTMENT 455,591 BARTER CO FOR INVESTMENT & T 419,997
2. Macroeconomic & Corporate News GDP grows by 1.8 per cent in 2016 Q3 The country’s gross domestic product (GDP) grew by 1.8 per cent during the third quarter of 2016 compared to the figure recorded in the same period of the previous year due to better performance by several service sectors. The Department of Statistics (DoS) report indicated that most economic sectors reflected positive growth in 2016’s third quarter, compared to the same period of 2015, the Jordan News Agency, Petra, reported on Tuesday. The electricity and water sector registered the highest growth, totalling 6.3 per cent at fixed market prices, followed by the finance, insurance, real estate and business service sectors at 4.2 per cent. Public buses, taxis adjust their fares under latest 10% hike Cabs, service taxies and public buses began to charge new fares from Thursday, despite their “dissatisfaction” with the new tariffs. The Land Transport Regulatory Commission (LTRC) recently decided to increase public transport fares by 10 per cent to offset a hike in fuel prices and other costs. The decision affects medium and heavy buses and all taxis.The last increase in transport fares was in 2012 — a 10 per cent increase for gasoline-fuelled vehicles and 11 per cent for dieselfuelled vehicles. 16 municipalities to benefit from $10.8m grant provided by UK, Denmark On behalf of the government, Planning and International Cooperation Minister Imad Fakhoury on Thursday signed a grant agreement with the World Bank (WB) for additional financing. The grant, worth $10.8 million, is part of a project to support the host communities of Syrian refugees, according to a statement released by the ministry on Saturday. It was provided by the UK and Denmark through the WB’s credit fund, increasing total international financing for the project to $67 million, which will help bolster the resilience of municipalities affected by the Syrian refugee crisis, in line with the Jordan Response Plan. The project aims at helping several municipalities and host communities address the direct impact of the refugee influx, the statement said. ‘Amman Customs Department records JD478 million in 2016 revenues’ Amman Customs Department Director Brig. Gen. Odeh Qteishat said on Saturday that the department’s revenues in 2016 reached JD478 million. A total of 130,000 trucks entered the Amman customs centre last year, Qteishat told the Jordan News Agency, Petra, noting that the department issued 138,000 customs clearance statements. The director said the department in 2016 dealt with 2,838 violations, through which the centre collected JD438,000 in fines, adding that the department personnel dealt with 1,155 smuggling cases that generated more than JD1.5 million in fines. * 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.