Amman Stock Exchange Daily Report - 6 September

Transcription

1. Amman Stock Exchange 6-Sep-17 Close AMMAN SE GENERAL INDEX 2 ,149.55 % Change Year-to-Date (YTD) -0.30% -0.96% Daily Volume (shares) 2,643,007 6 MONTHS INDEX PERFORMANCE 2,300 2,250 2,200 2,150 2,100 2,050 2,000 Best/Worst Performing Companies Best Performers ITTIHAD SCHOOLS COMPANY NATIONAL CHLORINE AL-AMIN FOR INVESTMENT HAYAT PHARMACEUTICAL INDUSTR AL SANABEL INTERNATIONAL CO % Change 6.84 4.92 4.11 3.00 2.50 Top Traded Companies by Value ARAB EAST INVESTMENT JORDAN PETROLEUM REFINERY CO UNION TOBACCO & CIGARETTE AL-AMIN FOR INVESTMENT RUM TOURIST TRANSPORTATION C * Source: Bloomberg Worst Performers LAFARGE JORDAN CEMENT JORDAN PETROLEUM REFINERY CO UNION LAND DEVELOPMENT CORP FUTURE ARAB INVESTMENT CO INDUSTRIAL COMMERCIAL & AGRI % Change (2.50) (3.63) (3.92) (4.44) (5.31) Top Traded Companies by Volume Value traded (JOD) 356,273 215,661 182,891 159,039 153,873 ARAB EAST INVESTMENT AL-AMIN FOR INVESTMENT JORDAN STEEL BARTER CO FOR INVESTMENT & T RUM TOURIST TRANSPORTATION C Volume traded (Shares) 552,237 235,888 210,972 209,888 173,871
2. Macroeconomic & Corporate News Zarqa reexport revenues drop The Zarqa reexport revenues dropped to JD114 million during the first-half of 2017, compared to JD181 million during the same period last year, an official said on Wednesday. For August, exports plummeted to JD17.1 million in comparison to JD24 million during the same period last year, according to figures made available to The Jordan Times by Zarqa Chamber of Commerce. Regarding certificates of origin, the Chamber’s President Hussein Shraim told The Jordan Times that 3,025 certificates were issued, compared to 5,122 in the same period of 2016. Shraim added that the number of certificates in August dropped to 562, compared to 666 in same month last year. He noted that the majority of Zarqa exports were vehicles and their equipment, electric generators, home and office furniture, plumbing tools, stones for building, drugs, garments, accessories and perfumes. Norway extends help for Jordan’s development process His Majesty King Abdullah on Wednesday met with visiting Crown Prince of Norway Haakon, the Royal Court said in a statement. His Majesty also met separately with commander of the US Central Command, Lt. Gen. Joseph Votel. The King discussed with the Norwegian crown prince means of boosting development, economic, and military cooperation between Jordan and Norway, in addition to investing in the renewable energy sector. The discussions touched on Sahara Forest Project, which is funded by the EU and the Kingdom of Norway and aims to green Wadi Araba region using solar energy. King Abdullah and Prince Haakon also discussed the repercussions of the Syrian refugee crisis on Jordan, stressing the importance of increasing the international community's support for the Kingdom to help it cope with the burdens of the crisis. His Majesty expressed appreciation for the Norwegian support for Jordan in the development sectors and aid to continue providing humanitarian and relief services to the refugees. * 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.