Amman Stock Exchange Daily Report - 5 March

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1. Amman Stock Exchange 5-Mar-18 AMMAN SE GENERAL INDEX 2 ,300 Close % Change 2,209.25 -0.27% Year-to-Date (YTD) 3.88% Daily Volume (shares) 4,567,048 Daily Turnover (JOD) 4,751,647 6 MONTHS INDEX PERFORMANCE 2,250 2,200 2,150 2,100 2,050 2,000 1,950 Best Performing Companies INTERNATIONAL BROKERAGE AND UNITED CABLE INDUSTRIES CO INTL CO FOR MEDICAL INVEST AL-TAJAMOUAT FOR CATERING HS AKARY FOR INDUSTRIES AND REA Worst Performing Companies % Change 8.33 4.76 4.08 3.45 3.20 Top Traded Companies by Volume (Shares) SPECIALIZED INVESTMENT COMPO UNITED CABLE INDUSTRIES CO INTERMEDIATE PETROCHEMICHALS RUM TOURIST TRANSPORTATION C AL ENTKAEYA FOR INVESTMENT * Source: Bloomberg 452,801 349,770 326,910 231,970 184,140 ARAB EAST FOR REAL ESTATE IN NATL PORTFOLIO SECURITIES NATIONAL CABLE & WIRE MANUF CONTEMPORARY FOR HOUSING PRO SOUTH ELECTRONICS - % Change (2.99) (3.17) (3.33) (7.14) (7.69) Top Traded Companies by Value (JOD) ARAB BANK PLC SPECIALIZED INVESTMENT COMPO UNION LAND DEVELOPMENT CORP AL EQBAL CO FOR INVESTMENT P INTERMEDIATE PETROCHEMICHALS 827,105 343,403 305,496 281,631 251,193
2. Macroeconomic & Corporate News Jordan, Brazil set to expand economic relations His Majesty King Abdullah on Sunday met with Brazilian Foreign Minister Aloysio Nunes, a Royal Court statement said.During the meeting, Nunes handed His Majesty a letter from Brazil President Michel Temer that tackled ways to improve bilateral relations between the two countries. His Majesty stressed Jordan’s keenness to boosting cooperation with Brazil, especially in the economic field. Talks covered Jordan's strengths as an investment destination, including its strategic location, which makes it a candidate to serve as a gateway into regional, African and Asian markets. King Abdullah and Nunes also discussed the prospects of signing an agreement to encourage investment between the two countries.They went over ways of benefiting from the Mercosur economic bloc, which brings together Brazil, Argentine, Uruguay and Paraguay. 18 investors apply to obtain citizenship, residency under incentive scheme The Jordan Investment Commission (JIC) on Sunday said it had received 18 applications by Arab investors to obtain Jordanian nationality and permanent residency, following a recent Cabinet decision endorsing the new incentive system.The JIC, which announced it would start receiving applications as of February 26th, said a total of 18 applications meeting all requirements and conditions were received by Sunday."One of these applications received the initial approval and we are receiving inquiries on a daily basis for further clarification of the new instructions," Minister of State for Investment Affairs and JIC Chairman Muhannad Shehadeh told The Jordan Times in a phone interview on Sunday.The Arab investors who submitted the applications are of Lebanese, Iraqi, Palestinian and Yemeni nationalities, he noted. Jordan issues new tender to buy 100,000 tonnes feed barley Jordan's state grain buyer has issued another international tender to purchase 100,000 tonnes of animal feed barley to be sourced from optional origins, European traders said * Tender deadline is March 14 * Jordan has struggled to purchase wheat and barley in tenders in past months after terms on quality control and payment were introduced which reduced tender participation by international trading houses * Three previous tenders for 100,000 tonnes of barley ended without a purchase in February * 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.