Amman Stock Exchange Daily Report - 5 November

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1. Amman Stock Exchange 5-Nov-17 Close AMMAN SE GENERAL INDEX 2 ,104.79 % Change Year-to-Date (YTD) -0.34% -3.02% Daily Volume (shares) 4,434,939 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 DAR AL DAWA DEVELOPMENT &INV UNION TOBACCO & CIGARETTE UNION INVESTMENT CORP AMAD INVESTMENT & REAL ESTAT INTL CO FOR MEDICAL INVEST % Change 4.88 4.83 4.65 3.88 2.86 Top Traded Companies by Value UNION INVESTMENT CORP UNION LAND DEVELOPMENT CORP AL EQBAL CO FOR INVESTMENT P DAR AL DAWA DEVELOPMENT &INV SPECIALIZED INVESTMENT COMPO * Source: Bloomberg Worst Performers BARTER CO FOR INVESTMENT & T AL-TAJAMOUAT FOR CATERING HS JORDAN INTL INSURANCE INDUSTRIAL COMMERCIAL & AGRI AL EQBAL CO FOR INVESTMENT P % Change (2.44) (2.50) (3.51) (3.70) (3.97) Top Traded Companies by Volume Value traded (JOD) 687,986 368,126 346,878 340,658 320,771 320,771 UNION INVESTMENT CORP SPECIALIZED INVESTMENT COMPO AL-TAJAMOUAT FOR CATERING HS RUM TOURIST TRANSPORTATION C DAR AL AL DAWA DAWA DEVELOPMENT DEVELOPMENT &INV &INV DAR UNION LAND DEVELOPMENT CORP Volume traded (Shares) 511,360 341,641 274,815 185,245 159,175
2. Macroeconomic & Corporate News UAE, Jordan sign agreement on government excellence system The governments of the United Arab Emirates and the Hashemite Kingdom of Jordan have signed an agreement allowing the latter to embed the UAE's Government Excellent System - 4G.The agreement also provides for strengthening partnership, sharing expertise, best practices and knowledge, and joint coordination in government processes. The agreement was signed by Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future and Majd Shweikeh, Jordanian Minister of Public Sector Development and member of the board of trustees of the King Abdullah II Center for Excellence (KACE). Tax-related measures are sovereign decisions — IMF Levying any tax is a sovereign Jordanian decision," the International Monetary Fund (IMF) Director of the Middle East and Central Asia Department Jihad Azour said on Sunday.Azour added that the IMF's role in this regard is of consultative nature, the Jordan News Agency, Petra, reported.At a press conference in the Moroccan Capital Rabat, Azour said that the IMF supports Jordan's tax reform efforts, highlighting the importance of the participation of more spans of the society segments to make the efforts successful.He stressed that rebuilding of Iraq and Syria are likely to give a boost to the economies of the region, especially those which host the largest numbers of refugees. He said that once the reconstruction projects begin, they should stimulate growth in regional economies. Economic stimulation plan to be completed by end of month — Fakhoury Minister of Planning and International Cooperation Imad Fakhoury on Sunday discussed the Plan to Stimulate Economic Growth 20182022 with senior officials, a ministry statement said.The plan aims to maintain the momentum on the economic growth and to benefit from Jordan’s “promising” development potentials.It includes four main pillars: economic stability through financial policies, competitiveness and investment through investment policies, ICT and public sector development, infrastructure including water, energy, and transport, and social development, which includes the education, human resources, healthcare and labour.During a meeting with ministries’ secretary generals and relevant senior officials, Fakhoury said that the government is finalising its action plan related to all fields targeted by the programme including the financial, investment and monetary policies, the judiciary, ICT, developing the public sector, water, sewage system, energy, mineral resources, transport, external trade, macro, small and medium-sized enterprises, tourism, agriculture, education, human resources development and healthcare. * 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.