Amman Stock Exchange Daily Report - 9 August

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1. Amman Stock Exchange 9-Aug-17 Close AMMAN SE GENERAL INDEX 2 ,144.04 % Change Year-to-Date (YTD) -0.07% -1.21% Daily Volume (shares) 3,163,760 6 MONTHS INDEX PERFORMANCE 2,280 2,260 2,240 2,220 2,200 2,180 2,160 2,140 2,120 2,100 2,080 Best/Worst Performing Companies Best Performers JORDAN DECAPOLIS PROPERTIES CAPITAL BANK OF JORDAN JORDAN MASAKEN FOR LAND & IN JORDAN PRESS FOUNDATI/AL-RAI NATIONAL CHLORINE % Change 4.92 4.65 4.63 4.00 3.64 Top Traded Companies by Value AL EQBAL CO FOR INVESTMENT P SPECIALIZED INVESTMENT COMPO CAPITAL BANK OF JORDAN RUM TOURIST TRANSPORTATION C JORDAN PETROLEUM REFINERY CO * Source: Bloomberg Worst Performers JORDANIAN PHARMACEUTICAL MAN UNION LAND DEVELOPMENT CORP BARTER CO FOR INVESTMENT & T AL-TAJAMOUAT FOR CATERING HS UNION TOBACCO & CIGARETTE % Change (4.17) (4.41) (4.55) (4.65) (4.99) Top Traded Companies by Volume Value traded (JOD) 674,838 509,261 287,486 230,689 209,285 SPECIALIZED INVESTMENT COMPO REAL ESTATE DEVELOPMENT BARTER CO FOR INVESTMENT & T CAPITAL BANK OF JORDAN JORDAN STEEL Volume traded (Shares) 443,296 368,400 331,950 321,291 236,317
2. Macroeconomic & Corporate News Cabinet approves bill for 2017 governmental budgets The Cabinet on Wednesday approved a bill organising the general budget and the budgets of the government units for 2017, the Jordan News Agency, Petra, reported. The bill aims to monitor and control the administration of public funds, identify the responsibilities of the official institutions and their role in administering public funds, and to formulate the rules guiding the preparation of the general and government units’ budgets, Petra added. Lower House signs cooperation agreement with UNDP Lower House and United Nations Development Programme (UNDP) on Wednesday signed a memorandum of understanding on cooperation, the Jordan News Agency, Petra, reported. The memo aims to establish a joint action framework for enhancing transparency, inclusion, and the legislative role of the Lower House. It also aims to enhance the parliamentary activities’ approachability for citizens. The agreement seeks to improve the institutional development related to administration, strategies, laws and codes of conduct under the Dome. Jordan issues first-of-its-kind work permit to Syrian refugees The General Federation of Jordanian Trade Unions (GFJTU) has begun issuing the Arab region’s first non-employer and nonposition-specific work permits for Syrian refugees since the Syrian crisis erupted in 2011. The temporary permits are issued for a minimal fee directly to refugees working in Jordan’s construction sector, one of the sectors open to non-nationals according to Jordan’s Labour Law. Previously, such permits were tied to specific employers who applied on behalf of workers for specific positions. Permit applicants must also purchase insurance policies for JD50 (about $70), instead of the previously required and more costly social security subscriptions. The development follows the signing of an agreement between the trade unions and the Ministry of Labour in June, allowing the GFJTU to issue 10,000 renewable one-year permits annually. * 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.