Amman Stock Exchange Daily Report - 7 September

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1. Amman Stock Exchange 7-Sep-17 Close AMMAN SE GENERAL INDEX 2 ,148.08 % Change Year-to-Date (YTD) -0.07% -1.02% Daily Volume (shares) 2,217,088 6 MONTHS INDEX PERFORMANCE 2,300 2,250 2,200 2,150 2,100 2,050 2,000 Best/Worst Performing Companies Best Performers REAL ESTATE DEVELOPMENT NATIONAL CHLORINE INTL CO FOR MEDICAL INVEST ITTIHAD SCHOOLS COMPANY JORDANIAN PHARMACEUTICAL MAN % Change 4.00 3.13 3.13 2.40 2.33 Top Traded Companies by Value SPECIALIZED INVESTMENT COMPO ARAB BANK PLC AL-AMIN FOR INVESTMENT UNION INVESTMENT CORP HAYAT PHARMACEUTICAL INDUSTR * Source: Bloomberg Worst Performers UNITED CABLE INDUSTRIES CO ZARKA EDUCATION & INVESTMENT AL-RAKAEZ INVESTMENT CO EL-ZAY READY WEAR MANUF CO NATL PORTFOLIO SECURITIES % Change (2.44) (2.56) (2.86) (3.03) (4.82) Top Traded Companies by Volume Value traded (JOD) 309,297 180,690 146,641 141,244 132,644 SPECIALIZED INVESTMENT COMPO AL-AMIN FOR INVESTMENT PROFESSIONAL FOR REAL ESTAT REAL ESTATE DEVELOPMENT UNION INVESTMENT CORP Volume traded (Shares) 305,710 195,590 133,903 130,584 114,535
2. Macroeconomic & Corporate News Two wastewater projects worth JD32m to be implemented in Irbid The Water and Irrigation Ministry is scheduled to implement a JD7-million rehabilitation project at Irbid's Foara wastewater treatment unit and another JD25-million project, through a German loan, to pull out sludge and treat odour at the Shalallah, Dogara and Foara units, Minister Hazem Al-Naser said on Saturday. In a tour to water and sewage services areas in Irbid, 80km north of Amman, AlNaser said that the total expenditure on wastewater networks in the northern governorate over the past 15 years stood at JD350 million, the Jordan News Agency, Petra, reported. He added that the ministry is seeking to secure a 125million-euro loan to improve water and sewage networks in the governorate, expecting the scheme to begin in late 2018. VTC, Jordan Chamber of Industry sign cooperation agreement The Vocational Training Corporation (VTC) and the Jordan Chamber of Industry (JCI) on Thursday signed a memorandum of understanding, under which the latter will run and operate some VTC institutes. The memo is part of the implementation of the National Recruitment Programme (NRP), under which a project will be launched to substitute foreign workers with Jordanians, the Jordan News Agency, Petra, reported. Labour Minister and VTC Chairman Ali Ghezawi highlighted the role of the public and private sectors’ integration, especially as NRP stipulates incorporating the private sector in running and operating some VTC institutes. Under the memo, Ghezawi said that some 4,000 young people will receive training in the textile, chemical and wood industries and printing and packaging sectors annually. JCI President Adnan Abul Ragheb said that the memo aims at providing various industrial sectors with the necessary qualified workforce. Jordan, France agree to bolster political, security cooperation Jordanian Minister of Foreign and Expatriates Affairs, Ayman al-Safadi, and his French counterpart, Jean-Yves Le Drian, agreed on Wednesday to strengthen political and security coordination and cooperation between Jordan and France. During a meeting in Paris, the two ministers discussed the steps that the two countries will take to boost cooperation implementation of the outcome of the summit meeting between King Abdullah II and French President Emmanuel Macron in Paris last June. According to the Jordan News Agency, Al-Safadi and Le Drian stressed the importance of activating economic and trade cooperation as well as working together to achieve security and stability in the Middle East. * 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.