Amman Stock Exchange Daily Report - 7 February

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1. Amman Stock Exchange 7-Feb-18 AMMAN SE GENERAL INDEX 2 ,180 Close % Change 2,186.96 -0.07% Year-to-Date (YTD) 2.83% Daily Volume (shares) 4,142,508 Daily Turnover (JOD) 4,804,949 6 MONTHS INDEX PERFORMANCE 2,160 2,140 2,120 2,100 2,080 2,060 2,040 2,020 Best Performing Companies ITTIHAD SCHOOLS COMPANY ARAB INTERNATIONAL HOTELS INTL CO FOR MEDICAL INVEST ZARA INVESTMENTS MASAFAT FOR SPECIALIZED TRAN Worst Performing Companies % Change 7.09 5.41 4.71 4.35 3.77 Top Traded Companies by Value (JOD) INTERMEDIATE PETROCHEMICHALS AL AMAL FINANCIAL INVESTMENT RUM TOURIST TRANSPORTATION C ISRAA ISLAMIC FINANCIAL ARABIAN AVIATION INVESTMENT * Source: Bloomberg COMPREHENSIVE LAND DEVELOPME UNITED IRON & STEEL MANUFACT NATIONAL CABLE & WIRE MANUF ARAB EAST FOR REAL ESTATE IN AL-BILAD MEDICAL SERVICES % Change (2.35) (3.03) (3.33) (4.26) (7.45) Top Traded Companies by Volume (Shares) 575,975 526,600 376,850 367,200 200,147 ARABIAN AVIATION INVESTMENT JORDAN PHOSPHATE MINES INTERMEDIATE PETROCHEMICHALS JORDAN PETROLEUM REFINERY CO RUM TOURIST TRANSPORTATION C 794,573 570,146 441,000 393,724 292,142
2. Macroeconomic & Corporate News Forum discusses measures to shield financial institutions from cyber crimes Central Bank of Jordan Governor Ziad Fariz on Tuesday called for increased measures to protect financial institutions from cyber crimes. Fariz was speaking during a cyber security forum organised by the Union of Arab Banks, in cooperation with the Central Bank of Jordan, the Jordan News Agency, Petra, reported. riz pointed out that work is currently under way to establish a task force to respond to cyber crimes in the financial sector, highlighting the need to strengthen the security of the financial sector through information exchange, early detection and rapid response. He said that cyber security faces a number of technical, political, social and cultural threats and “it is high time” to develop cyber security strategies in cooperation with all sectors of society. For his part, Chairman of the Union of Arab Banks Sheikh Mohammad Al Jarah Al Sabah noted that the “increased dependence on technology” contributed to accomplishing efficiency for financial institutions, adding however, “it also creates new dangers that are developing quickly in various forms, especially cyber attacks”. ‘Basra-Aqaba pipeline to provide Jordan with 150,000 barrels of crude oil a day’ Energy Minister Saleh Kharabsheh on Tuesday highlighted the economic importance of the Basra-Aqaba oil pipeline in providing the Kingdom with some 150,000 barrels of crude oil a day. He said that the project also includes building reservoirs with a capacity of 7 million barrels and establishing a port to export the Iraqi oil from Aqaba, the Jordan News Agency, Petra, reported. The minister estimated the cost of the pipeline to range between $8 billion and $10 billion with a total length of 1,350 kilometres (350km between Basra and Najaf and 1,000km from Najaf to Aqaba). Kharabsheh said that the exporting capacity of the pipeline will stand at around 1 million barrel a day. EBRD annual meeting, business forum to be held at Dead Sea in May Minister of Planning and International Cooperation Imad Fakhoury on Tuesday signed a Memorandum of Understanding (MoU) with European Bank for Reconstruction and Development (EBRD) Secretary General Enzo Quattrociocche to host the bank’s 27th Annual Meeting and Business Forum, scheduled to be held at the Dead Sea May 9-10, 2018. The EBRD annual meeting is expected to bring around 2,000 visitors to the Kingdom including government representatives, businesspeople, policymakers, academics and opinion leaders, Fakhoury said during the signing ceremony. * 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.