Stock Market Highlights

Transcription

1 MARKET WATCH Market Performance The Amman Stock Exchange General Index started off the week positively continuing the upward climb of last week, rising on Sunday by 1.24% compared to the prior week s closing, despite Sunday coinciding with the end of the month which typically leads to a decline in the Index. On Monday, which marked the first day of the holy month of Ramadan the index continued to climb, in contrast to expectations, before shifting to a downward mode on Tuesday and Wednesday falling by a combined 2.09%, driven by selling pressures to realise profits. Thursday saw a slight recovery, ending the week at 4,330.2 points, giving an overall increase of 0.31% for the week and a year-to-date gain of 17.83%. The turbulence of the market meant that trading volumes were low; the average daily trading value dropped by 7.72% to JD million accompanied by a decline in the average daily volume to million shares. The Jordan Telecom s shares were suspended from trading as of Wednesday of this week until procedures relating to its reduction of paid-up capital are completed. Ihdathiat Co-ordinate was our top gainer for the week, rising by 26.6%, followed by the General Investment Company with a 15.5% gain. The Arab Potash Company picked up the pace this week, penetrating the JD 60 mark to reach a high of JD 64.30, the highest price reached in four weeks, before declining slightly to end the week at JD Overall this week, of the 201 companies traded, decliners outnumbered gainers at 125 to 66. Despite this, the market cap managed to increase from JD billion last week to JD billion, while the market rose from times to times. Sector Performance The Services Sector claimed the lion s share of volume traded this week, at million shares, followed by the Industrial Sector with million shares, and the Banking Sector with 7.15 million. In parallel, the Industrial Sector took the lead with regards value traded, at million, attributed primarily to the Jordan Phosphate Mines, which had a value traded of JD million, excluding block deals, equivalent to 55.5% of the sector s total value traded. Worth noting is that the Jordan Phosphate Mines had a block deal to the value of JD million, taking up its total value traded to JD million. The Industrial Sector was followed by the Services and Banking Sectors, with trading values of JD million and JD respectively, while the Insurance Sector had a trading value of JD million. Stock Market Highlights This YTD General Index (Weighted) 9, , % 27.79% General Index (Free Float) 4, , % 17.83% This Value Traded (JD millions) % Volume Traded (millions) (18.13%) Index General Market Index Performance Index ly Index 31/08/08 01/09/08 02/09/08 03/09/08 04/09/ /09/07 04/11/07 04/01/08 04/03/08 04/05/08 04/07/08 04/09/08 The s Top Gainers and Losers Company Current Close Close % Ihdathiat Co-ordinate (IHCO) % General Investment (GENI) % Jordan Management & Consulting (JOMC) % Arab Potash Company (APOT) % Jordan Hotel and Tourism (JOHT) % Union Advanced Industries (UADI) (10.95%) Transport & Investment Barter (NAQL) (13.49%) Intermediate Petrochemical Industries (IPCH) (13.89%) Delta Insurance (DICL) (14.00%) International for Medical Investments (ICMI) (18.61%) The s Most Active Stocks in Number of Shares Traded* Company Volume of Shares Union Investment Corporation (UINV) 5,643,308 Taameer Jordan Holdings (TAMR) 5,421,085 Ad Dulayl Ind. Park Co. & Real Estate (IDMC) 4,826,411 United Arab Investors (UAIC) 4,056,588 Union land Development (ULDC) 3,542,564 The s Most Active Stocks in Value of Shares Traded* Company Value of Shares (JD) Jordan Phosphate Mines (JOPH) 108,691,480 Arab Bank (ARBK) 32,753,268 Arab Potash Company (APOT) 28,585,082 Jordan Petroleum Refinery (JOPT) 23,618,926 Taameer Jordan Holdings (TAMR) 11,383,144 * excluding block deals ly Index 1

2 All sector indices ended in the green this week, with the Industrial Sector Index rising the most, registering a 5.09% increase, attributed to the 14.3% increase in share price of the Arab Potash Company, followed by the Insurance and Services Sectors, with increases of 1.54% and 1.04% respectively. The Banking Sector Index came in last, rising by a slight 0.74%. Block Trades Eight block deals took place this week over the stock of seven companies, with 3.9 million shares traded for a value of JD million, the largest of which was a deal of 1.80 million shares of the Jordan Phosphate Mines (JOPH) to the value of JD million. The Specialised Investment Compounds (SPIC) and United Arab Investors (UAIC) each had one deal executed on their stock, with 145 thousand shares traded for JD 1.41 million, and 450 thousand shares traded for JD 1.24 million respectively. Other deals included one for the Arab Corp (ARED) to the value of JD 1.01 million, and one for Taameer Jordan Holdings (TAMR) with 400 thousand shares traded at a price of JD 2.08 per share. Amad Real Estate Investments (AMAD) had two block deals this week at a price of JD 2.22 per share and 645 thousand shares, while the Jordan Petroleum Refinery (JOPT) had one deal to the value of JD thousand. CORPORATE NEWS The Societe Generale de Banque-Jordanie (MEIB) announced the opening of a new branch in the Khalda area. The Dubai Islamic Bank has announced that the signing of a strategic agreement to invest in the Industrial Development Bank (INDV) is imminent, which will enable the conversion of INDV to a financial institution offering services in accordance with the Shari a principles. The agreement will entail a strategic partnership between Dubai Islamic Bank. Jordan Dubai and Dubai International, which together will own a 52% share in INDV. New Sector Classification Indices Index This % Banks 5, , % Insurance 3, ,010.3 (0.5%) Financial Services 9, , % Real Estate 7, ,940.3 (0.5%) Financial 5, , % Health Care Services (1.4%) Educational Services 3, ,123.3 (1.5%) Hotels & Tourism 2, ,305.9 (0.7%) Transportation 1, ,385.6 (1.8%) Tech. & Communications 2, , % Media 3, , % Utilities & Energy 6, ,154.5 (3.6%) Commercial Services 2, , % Services 2, ,920.0 (1.6%) Pharm. & Medical Industries 2, , % Chemical Industries 2, ,369.2 (3.9%) Paper & Carton Industries 1, ,183.8 (2.4%) Printing & Packaging 1, ,801.0 (6.5%) Food & Beverage 2, ,494.9 (0.8%) Tobacco 1, , % Mining & Extract. Industries 8, , % Engineering & Construction 3, ,266.5 (0.4%) Electric Industries 9, ,827.4 (2.7%) Textiles, Leather & Clothing 2, , % Glass & Ceramic Industries 1, ,437.2 (3.0%) Industries 4, , % General Index 4, , % Sales of the Jordan Duty Free Shops (JDFS) for the first half of 2008 reached JD million, while its net profits amounted to JD 2.8 million compared to JD 1.8 million during the same period of last year. Damac Real Estate Development Jordan (DMAC) announced the start of the execution of its The Lofts project, a tower to be constructed within the Abdali Development Project. The work on the project commenced immediately following the signing of a collaboration agreement with Arabtec-EEC JV Company, to the value of JD 53 million. The General Assembly of Amwaj Properties (AMWJ) approved, during their extraordinary meeting, the raising of the Company s capital to JD 32.3 million through private subscription of shareholders, in addition to increasing the number of board members to seven. The Jordan Phosphate Mines (JOPH) announced that it will import 200 thousand tonnes of gas and 185 thousand tonne of diesel to cover the Kingdom s needs of oil derivatives during the period from November of this year to April According to the Jordan Petroleum Refinery (JOPT), the fourth phase expansion program is still awaiting the Government s response to the demands of the two coalitions who submitted offers to enter the strategic partner of the Refinery. As soon as the Government responds, final negotiations will take place with the two coalitions to sign the strategic agreement in order to proceed with the expansion program. The Refinery also stated that under the settlement agreement, the Government had granted the Refinery till the end of this year to attract a strategic or financial partner or to raise the Company s paid-up capital. The Arab Fertiliser and Chemical Industries Co (KEMAPCO) announced its financial results for the first half of 2008 with net profits amounting to JD 9 million. 2

3 MACROECONOMIC NEWS The Central Bank of Jordan increased the required statutory cash reserves on customer deposits at licensed banks in Jordanian dinars and foreign currencies by 1% from 9% to 10% on order to contain inflationary pressures. The Department of Statistics commenced its third round of the 2008/2009 expenditure and family income census, which will be based on a sample of 12,768 families distributed across the Kingdom. The census aims at providing required data to value the social development and economical programs, along with specifying the poverty level within the Kingdom s governorates. The net investment of non-jordanians in the Amman Stock Exchange for the month of July 2008 reached JD 48.8 million compared to JD 25.6 million in July 2007.The value of shares purchased by non-jordanians amounted to JD million, while the total value of shares sold amounted to JD million. Moreover, the net value of non-jordanian investment for the first seven months of 2008 reached JD million compared to JD million over the same period in The Companies Control Department (CCD) at the Ministry of Trade and Finance announced the dissolution of 1,064 companies during the first eight months of 2008 with a total paid-up capital of JD 46.4 million. The statistics revealed that 1,095 companies had amended their paid-up capital by an aggregate amount of JD million over the same period, while total investments in registered companies reached JD 575 million compared to JD 741 million during the same period of 2007, registering a decline of 22% Total non-jordanian investment in the financial sector registered at 52% at the end of July 2008, with an evident growth in Arab nationality investment in the banking sector, particularity with regards gulf nationalities. The Investment Unit of the Social Security Corporation approved to grant the Housing and Urban Development Corporation a JD 100 million loan with a maturity of 3 years, to finance part of the Decent Home for a Decent Living project. The Aqaba Development Corporation (ADC) signed a JD 70 million build, operate and transfer (BOT) agreement with Jordan Phosphate Mines (JOPH) and Arab Potash Company (APOT) to develop, expand and operate the Aqaba Industrial Port for a period of 30 years. The Jordan Petroleum Refinery (JOPT) decreased crude oil transportation fees from the Aqaba warehouse to the refinery in Zarqa by 560 fils per tonne to reach JD per tonne, less 300 fils for road maintenance. According to the guidance bulletin issued by the Jordan Chamber of Industry, the minimum prices of grade 40 and 60 steel dropped by JD per tonne to reach a minimum of JD 880 per tonne and JD 886 per tonne respectively including tax, while the maximum price for both grades stabilised at JD 985 per tonne and JD 995 per tonne. The Ministry of Industry and Trade has reduced fuel prices as of Monday of this week by an average of 5.9%; petrol prices were reduced by 6% to JD 13.2 and JD 15.1 for a 20- litre tank of Octane 90 and Octane 95, respectively. The price of diesel was decreased by 5.7% to reach JD 13.8 per 20-litre tank from its previous price of JD 14.6, while the price of gas cylinders remained unchanged at JD 6.5 per cylinder. Demand for fuel rose by 200% in the first day following the adjustment of its prices, with an increase in the daily average demand from 3,000 tonne before the price change to reach approximately 9,500 tonne on the day of adjustment. Furthermore, sales of gas cylinders are expected to rise by 60% during the first ten days of Ramadan. The Ministry of Energy and Mineral Resources announced that it has received offers from two international companies interested in executing the wind energy generating project in the Kamasheh area, with an estimated cost of USD million. Ten new companies have joined the Al-Hasan Industrial Estate (Irbid) during the first half of 2008, with a total investment value of approximately JD million, providing 775 new job opportunities. Total exports of the Zarqa and Mafraq governorates for the month of August 2008 reached USD 52.1 million compared to USD 44.3 million over the same period of 2007, registering an increase of 17.6%. 3

4 ARAB BANKING CO. ABCO 2008 H1 64,471, ,116,129 84,089,587 6,869, % 17.0% (2.0%) 128,299, ,311 70,706 ARAB JOR/INV/BANK AJIB 2008 H1 100,000, ,407, ,623,237 6,828, % 11.4% (3.0%) 193,000, ,810 1,145,134 ARAB BANK ARBK 2008 H1 534,000,000 23,351,087,000 3,693,703, ,566, % 11.9% % 11,641,200, ,514,070 32,753,268 BANK OF JORDAN BOJX 2008 H1 100,000,000 1,568,340, ,371,714 15,061, % 18.4% (0.7%) 287,000, ,445 1,929,889 CAIRO AMMAN BANK CABK 2008 H1 80,000,000 1,484,694, ,532,414 11,950, % 15.9% (1.4%) 272,000, , ,732 CAPITAL BANK EXFB 2008 H1 132,280,000 1,004,806, ,454,487 10,028, % 11.3% % 310,858, ,456 1,226,790 INDSTRL DEV BANK INDV 2008 H1 24,000, ,423,901 63,216,721 3,723, % 12.1% (1.6%) 101,040, ,602,546 6,996,520 JOR INV FIN BANK JIFB 2008 H1 61,325, ,585,500 82,918,090 3,343, % 8.2% % 155,152, , ,656 JCBANK JOGB 2008 H1 69,575, ,126,874 85,083,919 5,671, % 13.8% % 180,199, , ,023 JOR ISLAMIC BANK JOIB 2008 H1 81,250,000 1,824,866, ,033,181 20,082, % 28.7% (3.1%) 406,250, ,403 3,127,323 JOR KUWAIT BANK JOKB 2008 H1 100,000,000 2,016,239, ,341,227 29,706, % 25.4% % 702,000, , ,411 JORDAN AHLI BANK JONB 2008 H1 110,000,000 2,136,478, ,974,814 14,728, % 14.7% (0.4%) 255,200, , ,843 SOCGEN BK - JORDANIE MEIB 2008 H1 40,455, ,837,144 46,161,943 1,725, % 9.4% (3.2%) 98,712, ,000 5,045 HOUSING BK TRD FIN THBK 2008 H1 252,000,000 5,147,453, ,288,780 68,251, % 16.1% % 2,459,520, ,487 8,693,327 UNION BK SAV/INV UBSI 2008 H1 95,000,000 1,114,283, ,293,632 14,239, % 13.1% % 332,500, ,622 82,089 Banking Sector 1,844,357,705 42,706,747,361 6,351,086, ,777, % 13.8% 17,522,930, ,154,694 57,846,756 ALNISR ALARABI AAIN 2008 H1 10,000,000 29,666,300 16,926,140 1,139, % 13.1% % 55,000, N/A N/A ARAB ORIENT INS AALI 2008 H1 11,000,000 30,664,128 14,061,026 1,467, % 22.0% % 34,760, ,963 ARAB GERMAN INS AGICC 2008 H1 10,400,680 43,919,753 11,800,068 (307,277) (0.030) (1.5%) (5.3%) (0.3%) 39,418,577 Negative 1,948,968 7,370,804 ARAB INT UNI INS AIUI 2008 H1 6,000,000 13,100,828 7,122, , % 15.9% (2.8%) 8,220, ,135 9,853 EURA ARAB INS. AMMI 2008 H1 8,000,000 21,159,224 9,878, , % 3.2% (4.5%) 11,760, BARAKAH TAKAFUL ARAI 2008 H1 5,944,797 8,468,832 3,609,098 (1,130,259) (0.190) (24.6%) (49.9%) (6.8%) 15,575,368 Negative 2,318,138 6,500,918 ARAB ASSURERS ARAS 2008 H1 8,000,000 17,021,642 8,079,665 31, % 0.7% (3.2%) 9,600,000 > , ,835 ARAB JOR INSURANCE ARGR 2008 H1 10,000,000 15,799,087 11,611, , % 15.0% % 20,000, ,005 1,910 ARAB INS ARIN 2008 H1 8,000,000 29,272,405 10,535, , % 17.4% % 16,000, N/A N/A ARABIAN SEAS INS ARSI 2008 H1 21,000,000 22,194,429 16,820, , % 9.6% % 18,900, N/A N/A DELTA INSURANCE DICL 2008 H1 8,000,000 11,476,727 7,967, , % 13.2% (14.0%) 13,760, ,111 26,638 DARKOM DRKM 2008 H1 10,000,000 8,925,220 8,885,907 (246,137) (0.025) (5.4%) (5.5%) (3.3%) 8,700,000 Negative 36,551 31,528 FIRST INSURANCE FINS 2008 H1 24,000,000 26,024,119 25,300,068 1,300, % 10.3% (1.9%) 24,720, ,380 52,097 GENERAL ARAB INS GARI 2008 H1 7,722,504 19,433,898 11,965, , % 8.7% (3.4%) 8,726, GERASA INSURANCE GERA 2008 H1 3,870,519 6,917,946 2,997, , % 13.4% % 6,541, N/A N/A HOLY LAND INS HOLI 2008 H1 4,000,000 11,959,413 3,521,142 76, % 4.4% (4.1%) 6,600, ,425 JERUSALEM INS JERY 2008 H1 8,000,000 19,887,106 10,085, , % 12.1% % 21,600, ,515 17,591 JOR INT INSUR CO JIJC 2008 H1 16,500,000 38,655,498 23,228,399 1,473, % 13.1% (2.6%) 24,750, ,727 50,801 JOR FRENCH INS JOFR 2008 H1 9,100,000 20,831,212 6,530,705 (106,045) (0.012) (1.0%) (4.3%) % 8,372,000 Negative 16,296 15,147

5 JORDAN INSURANCE JOIN 2008 H1 30,000,000 93,782,633 64,792,445 13,004, % 51.8% % 113,100, ,272 31,470 MED GULF-JORDAN MDGF 2008 H1 10,000,000 14,962,047 10,354, , % 5.1% % 26,500, ,162 23,878 MIDDLE EAST INS MEIN 2008 H1 18,000,000 74,152,038 42,759,600 2,186, % 10.6% (7.3%) 50,400, ,333 18,181 NATIONAL INSURANCE NAAI 2008 H1 8,000,000 9,876,629 4,874, , % 11.3% (1.9%) 8,160, ,734 3,896 OASIS INSURANCE OASI 2008 H1 25,000,000 2,746,323 (2,502,384) (1,770,242) (0.071) (100.1%) 219.1% (2.8%) 8,750,000 Negative 387, ,520 PHILADELPHIA INS PHIN 2007 Q4 4,000,000 8,192,692 4,579, , % 6.5% (1.5%) 5,360, ,059 ISLAMIC INSUR CO TIIC 2008 H1 8,000,000 30,684,813 22,270,352 6,645, % 77.6% % 30,400, ,122 1,475,680 UNITED INSURANCE UNIN 2008 H1 8,000,000 20,438,582 12,922, , % 4.3% % 13,920, N/A N/A YARMOUK INS YINS 2008 H1 5,000,000 13,066,327 8,136,675 (166,930) (0.033) (2.6%) (4.3%) (3.9%) 9,750,000 Negative 14,360 28,307 Insurance Sector Total 305,538, ,279, ,114, % 16.8% 619,343, ,455,781 16,039,259 AL-AMIN FOR INV AAFI 2008 H1 10,000,000 31,089,196 29,910,135 15,397, % 136.0% (1.7%) 41,000, ,030,369 4,355,197 NAT`L COM CENTER ABLA 2008 H1 6,000,000 7,186,869 5,347,602 (269,208) (0.045) (7.4%) (9.8%) (5.8%) 17,700,000 Negative 286, ,258 AL-BELAD MED SRV ABMS 2008 H1 16,500,000 23,764,419 18,453, , % 6.2% % 21,120, ,168 73,844 COMPRHNSVE MUTLP TRAN ABUS 2008 H1 20,000,000 4,826,924 1,009,194 (1,530,051) (0.077) (58.3%) (302.4%) (7.0%) 32,000,000 Negative 218, ,459 ARAB EAST INVST. AEIV 2008 H1 40,000, ,284, ,385,901 22,366, % 52.1% (1.2%) 134,000, , ,579 ARAB FINANCIAL INVEST AFIN 2008 H1 14,619,263 61,452,109 20,021,529 5,763, % 67.2% (4.4%) 72,657, , ,604 ARAB INT INV EDU AIEI 2008 H1 40,500,000 86,509,257 51,775,657 2,289, % 8.4% % 153,900, ,320 23,648 ISRA EDUE AIFE 2008 H1 15,000,000 34,185,650 20,785,039 2,515, % 25.7% (4.3%) 39,900, ARAB INTL HOTEL AIHO 2008 H1 25,000,000 74,178,805 62,027,388 2,782, % 8.9% % 68,750, AL SHARQ INV AIPC 2008 H1 16,000,000 19,451,429 18,855, , % 9.8% % 32,160, N/A N/A JOR INV.&TRSM ALFA 2008 H1 7,500,000 8,601,162 7,196, , % 7.7% % 11,625, ,955 50,579 AMAD REAL ESTATE INV. AMAD 2008 H1 6,600,000 12,547,637 10,803,546 1,862, % 36.9% % 14,124, , ,630 AL-AMAL INV. AMAL 2008 H1 15,000,000 14,668,358 10,294,028 2,244, % 46.7% (3.3%) 35,400, ,079,459 5,054,203 AMMAN FOR DEV.& INV AMDI 2008 H1 7,000,000 11,480,241 (1,817,211) (639,228) (0.091) (11.0%) 85.4% % 46,760,000 Negative N/A N/A AMWAL INVEST AMWL 2008 H1 42,500, ,224,775 67,602,514 7,720, % 24.2% (5.1%) 117,725, ,218 2,467,784 AMWAJ PROPERTIES AMWJ 2008 N/A 14,000,000 N/A N/A N/A N/A N/A N/A (6.2%) 19,040,000 N/A 464, ,577 ARD ANNOMOW ARDN 2008 H1 500, ,341 (15,701) (0.031) (6.9%) (7.1%) (2.1%) 1,170,000 Negative 7,180 16,182 ARAB REAL EST ARED 2008 H1 40,000,000 95,340,529 48,413,461 3,219, % 16.0% (5.8%) 90,400, ,116 1,410,740 AWTAD INVESTMENTS A 2008 H1 1,000,000 1,261, ,632 33, % 6.9% % 2,660, ,213 56,580 B. AL-MAL/BEITNA BAMB 2007 Q3 28,600,000 71,121,609 58,607, , % 0.6% (2.7%) 41,184,000 >100 56,560 82,420 OFFTEC INVESTMENTS BDIN 2008 H1 42,000,000 48,237,331 42,876, , % 1.3% (1.1%) 37,380, ,993 47,609 BINDAR BIND 2008 H1 14,300,000 40,967,112 15,839,581 1,036, % 7.1% % 41,470, BILAD INVESTMENTS BLAD 2008 H1 10,000,000 14,540,220 11,540, , % 14.1% % 18,800, ,291 57,983 AL-FARIS NATIONAL CEBC 2008 H1 25,000,000 51,955,731 27,228, , % 3.7% (3.9%) 37,000, , ,641 CENTURY INV.GRP CEIG 2008 H1 5,191,560 8,831,543 6,208, , % 10.8% (1.6%) 6,385, ,825 35,465

6 CONSULTANT AND INV GR CICO 2008 H1 22,000,000 21,126,664 15,992,981 (1,051,684) (0.048) (9.3%) (12.7%) % 25,300,000 Negative 16,909 19,023 CONTEMPRO COHO 2008 H1 6,000,000 8,512,180 8,107, , % 8.8% (0.7%) 8,400, ,705 90,437 DARAT JORDAN HOLDING DARA 2008 H1 15,000, ,816,865 (183,135) (0.012) (2.5%) (2.5%) (2.5%) 17,550,000 Negative 57,529 66,686 D-KHALILI & SONS DKHS 2008 H1 4,700,000 44,013,003 16,613, , % 8.6% % 10,152, ,257,617 2,636,541 DAMAC REAL ESTATE DMAC 2008 H1 5,000, ,244,257 53, % 2.1% (1.7%) 14,500,000 >100 12,457 35,917 EMMAR INV. DEV. EMAR 2008 H1 13,780,000 30,657,001 16,062, , % 11.2% (1.0%) 27,973, ,512 1,868,462 FIRST FINANCE FIFI 2008 H1 50,000,000 63,044,837 53,078,097 1,817, % 6.9% % 57,000, , ,109 FALCON INV &FIN FIFS 2008 H1 4,125,000 4,363,037 4,084,436 86, % 6.5% (2.4%) 5,032, ,131 3,697 MODEL RESTAURANTS FOOD N/A N/A 25,000,000 N/A N/A N/A N/A N/A N/A (1.8%) 41,750,000 N/A 2,489,278 4,337,779 FIRST JORDAN FRST 2008 H1 150,000, ,219, ,315,675 20,036, % 23.3% % 160,500, , ,015 BATELCO JORDAN FTGR 2008 H1 1,870,018 15,611,192 1,681,810 21, % 2.6% % 8,583,383 >100 N/A N/A FUTURE ARAB FUTR 2008 H1 15,500,000 16,984,575 16,984, , % 6.1% % 15,500, , ,368 JOR HIMMEH MINERAL HIMM 2008 H1 500,000 1,628,650 1,607,289 (10,754) (0.022) (1.3%) (1.3%) N/A N/A % 1,065,000 Negative N/A N/A HIGH PERFORMANCE HIPR 2008 H1 12,000,000 12,571,834 12,462,491 74, % 1.2% (4.7%) 19,320,000 > , ,965 INT`L BROKERAGE IBFM 2008 H1 28,748,407 48,704,296 25,604,121 1,914, % 15.5% (3.9%) 35,360, , ,549 INT CO MED INV ICMI 2008 H1 4,500,000 5,643,223 4,239,143 (263,350) (0.059) (9.7%) (12.1%) (18.6%) 10,035,000 Negative 241, ,579 INVEST ESTATE INDUST IEAI 2008 H1 30,000,000 56,122,492 30,632,102 (821,177) (0.027) (3.0%) (5.3%) % 126,000,000 Negative 57, ,227 IHDATHIAT CO. IHCO 2008 H1 3,000,000 3,438,731 3,333, , % 13.4% % 8,580, ,641,366 4,271,364 ARABIAN DEV CO INMA 2008 H1 7,000,000 12,174,827 11,427, , % 13.2% % 11,760, , ,272 INV. & INTEG INDUS INTI 2008 H1 7,000, ,737,194 6,466, , % 37.1% N/A N/A - N/A - N/A N/A N/A INV HOUSE INVH 2008 H1 12,000,000 40,994,380 12,757,135 1,191, % 18.3% % 25,920, ,166,232 2,452,764 IRBID DISTRICT ELEC IREL 2007 H1 4,000,000 89,194,484 6,535, , % 8.2% (9.7%) 28,520, ,744 13,093 ITTIHAD SCHOOLS ITSC 2008 H1 15,000,000 21,146,222 15,123, , % 2.2% % 26,250, , ,357 JOR DUTY FRE SHP JDFS 2008 H1 5,000,000 17,718,362 14,705,499 2,791, % 37.1% % 44,000, N/A N/A DIMENSIONS JEDI 2008 H1 10,000,000 9,714,787 9,639,259 (159,910) (0.016) (3.3%) (3.3%) (3.0%) 9,800,000 Negative 23,372 23,023 JORDAN EXPAT.INV JEIH 2008 Q1 15,000,000 25,193,843 22,313,801 3,384, % 65.4% (1.1%) 26,400, ,208 1,243,863 JORDAN EXPRESS JETT 2008 H1 10,800,000 22,367,842 18,728,262 1,392, % 15.4% (0.4%) 25,596, ,704 27,649 INTERNATIONAL INV. JIIG 2008 H1 10,000,000 9,949,480 9,554,325 (22,859) (0.002) (0.4%) (0.5%) % 13,000,000 Negative 29,118 37,196 JORDAN INTL TRAD JITC 2008 H1 3,400,000 6,979,463 4,813, , % 32.8% (3.2%) 12,172, ,995 64,929 JOR LOAN GRNT.CO JLGC 2008 H1 10,000,000 25,430,518 16,956, , % 3.7% (2.6%) 11,100, ,430 19,313 JOR MORTGAGE REFIN JMRC 2008 H1 5,000, ,710,110 7,118, , % 19.0% N/A N/A - N/A - N/A N/A N/A TAJCATERINGHOUSING JNTH 2008 H1 10,000,000 14,762,315 11,764,976 84, % 1.5% (5.0%) 34,400,000 >100 2,224,367 7,869,617 JORDAN CENTRAL JOCE 2008 H1 4,500,000 8,272,539 5,202, , % 3.9% % 16,560, ,231 74,105 JOR ELECTRIC PWR JOEP 2008 H1 70,000, ,144,908 89,144,992 2,720, % 5.9% (5.5%) 375,900, ,540 3,873,834 JOR HOTEL TOURS JOHT 2008 H1 10,000,000 29,605,249 21,793,214 2,582, % 24.3% % 82,500, ,309 JOR INV TRUST JOIT 2008 H1 29,513,889 69,314,447 50,402,750 3,061, % 12.2% % 81,753, ,777 18,827

7 RESOURCES INVEST JOMA 2008 H1 11,000,000 11,932,172 11,867,112 1,326, % 23.2% (5.8%) 19,690, , ,689 JORDAN CONSULTING JOMC 2008 H1 1,400,000 2,605,264 1,799, , % 13.6% % 2,520, ,278 2,262 JOR PRESS/ PUBLISH JOPP 2008 H1 4,500,000 18,939,686 11,760, , % 7.9% % 15,390, , ,475 JOR TRADE FAC JOTF 2008 H1 16,500,000 33,787,770 18,457, , % 9.1% % 34,485, N/A N/A JOR PROJ TOUR DEV JPTD 2008 H1 21,500,000 68,235,192 30,179,983 (1,498,443) (0.070) (4.8%) (9.7%) % 163,615,000 Negative N/A N/A JO REALESTATE JRCD 2008 H1 30,000,000 44,433,749 38,215,547 5,346, % 27.8% (2.6%) 44,400, , ,840 JORDAN TELECOM JTEL 2008 H1 250,000, ,990, ,851,429 52,076, % 26.7% % 1,585,000, ,519 2,836,319 KAFA`A INVESTMENTS KAFA 2008 H1 4,000,000 4,224,399 4,080,031 80, % 3.9% % 12,880, ,835 AL-DAWLIYAH H&M MALL 2008 H1 43,200,000 66,863,013 55,640,870 1,472, % 5.3% (5.6%) 66,096, ,440 46,988 AFAQ INVEST REAL DEV MANR 2008 N/A 80,000,000 N/A N/A N/A N/A N/A N/A % 360,000,000 N/A N/A N/A MEDITER. TOURISM MDTR 2008 H1 45,000,000 52,017,185 48,632,277 1,900, % 7.8% % 99,000, ,000 2,197 MIDDLE EAST DIV MEDI 2008 H1 2,000,000 4,185,119 3,171, , % 74.2% (3.6%) 13,000, ,589 METHAQ MEET 2008 H1 15,000,000 12,490,098 7,602,125 (212,071) (0.014) (3.5%) (5.5%) (1.4%) 21,000,000 Negative 2,644,352 3,567,688 TAJ TOURIST PROJ MERM 2008 H1 40,000,000 59,687,503 46,492,423 (83,841) (0.002) (0.3%) (0.4%) % 62,000,000 Negative 163, ,448 MASAFAT TRANSPORT MSFT 2008 H1 12,000,000 20,140,596 13,549, , % 6.2% % 14,280, , ,391 TRANSPORT BARTER NAQL 2008 H1 12,100,000 24,234,727 15,196,700 1,363, % 18.8% (13.5%) 26,378, ,372 1,492,656 NOPAR FOR TRADING NOTI 2008 H1 500, , ,931 6, % 2.7% (10.4%) 995, ,808 7,811 NATL PORTFOLIO NPSC 2008 H1 15,000,000 46,328,645 28,416,096 8,205, % 67.5% (0.7%) 44,400, , ,502 PETRA EDUCATION PEDC 2008 H1 16,000,000 24,619,925 18,722,880 1,021, % 10.6% % 47,680, N/A N/A REAL ESTATE & INV PORT PETT 2008 H1 15,000,000 13,843,141 12,426,259 1,136, % 19.2% % 20,400, , ,718 PHILADELPHIA UNI PIEC 2008 H1 15,000,000 23,791,280 17,838,469 1,584, % 17.2% (4.9%) 52,050, PALACES PRED 2008 H1 4,000,000 5,466,022 3,852,820 (65,418) (0.016) (2.8%) (3.3%) % 17,840,000 Negative 60, ,502 J. PRESS FOUNDAT PRES 2008 H1 7,500,000 34,117,784 30,126,450 4,229, % 26.6% % 146,625, ,798 35,111 PROFESSIONAL PROF 2008 H1 55,000,000 57,366,197 56,337,206 1,420, % 5.0% % 57,750, , ,333 EAST REAL ESTATE REAL 2008 H1 9,996,082 47,501,151 40,740,418 (325,407) (0.033) (1.3%) (1.6%) (2.7%) 71,471,986 Negative 1,301 9,302 REAL ESTATE DV REDV 2008 H1 91,500, ,843, ,381,692 52, % 0.1% (2.0%) 131,760,000 > , ,719 REAL ESTATE INV REIN 2008 H1 70,000,000 8,564,832 7,272,675 (224,193) (0.003) (5.2%) (6.0%) (4.2%) 80,500,000 Negative 299, ,627 AL RAKAEZ RICS 2008 H1 10,000,000 9,915,809 9,911,725 (29,695) (0.003) (0.6%) (0.6%) % 8,600,000 Negative 167, ,609 ROYAL JORDANIAN RJAL 2008 H1 84,373, ,786, ,007,000 (3,091,000) (0.037) (1.7%) (5.7%) % 275,057,121 Negative 548,911 1,781,423 RUM TOURIST TRAN RUMM 2008 H1 7,000,000 12,524,288 7,674,319 60, % 1.7% (3.3%) 14,420,000 >100 9,405 18,968 AL-SALEM FOR INV SALM 2008 H1 500,000 1,550, , , % 52.4% (4.3%) 3,000, SABAEK INVESTMENTS SABK 2008 H1 8,000,000 8,576,015 8,465,765 32, % 0.9% (2.7%) 8,800,000 >100 13,447 14,836 AL-SANABEL INT`L SANA 2008 H1 20,000,000 21,640,796 20,583, , % 2.4% (1.9%) 20,600, ,558 40,929 SOUTH ELECTRONICS SECO 2008 H1 50,000,000 85,444,390 52,584,483 2,325, % 8.9% (2.0%) 49,000, , ,245 SHARECO BROKERAGE SHBC 2008 H1 12,000,000 20,292,684 14,442,313 1,647, % 22.8% (3.1%) 18,960, , ,950 SHIPPING LINE SHIP 2008 H1 12,075,000 27,111,837 16,064,978 2,297, % 29.6% (1.2%) 28,980, ,785 8,928

8 SPEC.INV JOR SIJC 2008 H1 4,500,000 15,312,134 11,399, , % 7.5% (1.4%) 15,885, , ,331 SALAM INT TRN TD SITT 2008 H1 13,200,000 59,448,997 20,506,775 1,093, % 10.6% (1.8%) 28,776, ,500 27,646 SPCZ.INVST.COMD SPIC 2008 H1 23,000,000 86,016,346 39,440,614 4,206, % 24.2% (3.2%) 215,970, ,041 3,704,176 SPCZ.TRDG&INVST SPTI 2008 H1 3,075,000 4,978,363 3,760, , % 23.3% (1.8%) 4,950, ,378 54,606 TAAMEER JOR HLDGS TAMR 2008 H1 211,982, ,648, ,666,412 3,872, % 3.9% % 447,283, ,421,085 11,383,144 AL-TAHDITH THDI 2008 H1 2,000,000 2,591,843 1,815,474 (98,945) (0.049) (8.2%) (10.4%) (5.9%) 3,500,000 Negative 501, ,978 TUHAMA INVESTMENTS THMA 2008 H1 9,000,000 15,223,622 9,408,608 (213,727) (0.024) (3.5%) (4.7%) (1.6%) 16,920,000 Negative 137, ,297 TRUST INT`L TRANSPORT TRTR 2008 H1 3,434,750 4,241,382 2,492,615 58, % 4.7% % 10,304, N/A N/A UNI ARAB INVEST UAIC 2008 H1 147,500, ,481, ,521,187 8,465, % 7.4% % 399,725, ,056,588 10,975,248 UN FOR FINCL INV UCFI 2008 H1 5,000,000 21,386,073 11,590,894 3,620, % 115.9% (1.3%) 29,500, ,425 60,074 UNION INV UINV 2008 H1 50,000,000 95,733,535 70,242,739 2,917, % 8.5% % 77,000, ,643,308 8,471,856 UNION LAND DEV ULDC 2008 H1 45,000,000 79,998,957 55,533,597 2,615, % 9.4% % 74,250, ,542,564 5,899,956 ARAB INV. UNION UNAI 2008 H1 3,000,000 2,804,091 2,794,695 (44,899) (0.015) (3.2%) (3.2%) (1.3%) 4,530,000 Negative 20,015 30,054 UNIFIED CO UNIF 2008 H1 6,511,057 15,298,459 7,236,968 (201,826) (0.031) (2.4%) (5.4%) (1.7%) 7,552,826 Negative 806, ,503 AL SHAMEKHA REAL VFED 2008 H1 1,200,000 2,736,923 2,447,679 93, % 7.7% % 3,324, WINTER VALLEY TOUR WIVA 2008 H1 5,000,000 5,544,712 5,397, , % 7.0% % 6,100, , ,818 ZAHRAT ALURDON ZAHI 2008 H1 500, , ,442 11, % 4.6% % 1,550, ,096 31,865 ZARA INVESTMENTS ZARA 2008 H1 125,000, ,909, ,841,396 7,607, % 12.3% (2.6%) 237,500, , ,674 ZARQA EDUC ZEIC 2008 H1 8,475,000 16,897,523 12,721,634 1,216, % 19.5% (4.8%) 23,730, ,657 Services Sector Total 2,851,770,949 6,189,763,738 3,479,158, % 14.1% 7,799,518, ,189, ,102,667 ARAB ALUM IND AALU 2008 H1 9,000,000 20,170,708 12,442, , % 9.7% % 16,110, ,466 20,451 PREMIER ACDT 2008 H1 1,330,008 9,964,447 5,989, , % 20.4% (9.6%) 9,496, ,914 14,785 ARAB ELECT IND AEIN 2008 H1 6,000,000 10,458,254 6,794, , % 7.6% (9.6%) 7,380, , ,789 AFIA INT CO-JORDAN AICG 2007 Q4 8,000,000 6,534,688 2,800,544 (2,978,165) (0.372) (33.6%) (69.4%) % 19,680,000 Negative N/A N/A ARAB INT L FOOD AIFF 2008 H1 10,500,000 29,522,585 29,354, , % 3.5% % 63,315, N/A N/A AL-JANUOB FLT MF AJFM 2008 H1 2,000,000 4,095,156 2,448, , % 14.2% % 5,880, N/A N/A AMANA AGRICULT. AMAN 2008 H1 7,000,000 6,017,840 3,824,003 (208,237) (0.030) (6.9%) (10.6%) % 3,010,000 Negative N/A N/A ARAB INVEST PROJ APCT 2007 Q4 20,000,000 5,851,672 4,491, , % 2.6% (4.0%) 19,000,000 > , ,323 ARAB PHARMA CHEM APHC 2008 H1 5,000,000 7,983,211 7,521,413 74, % 2.0% % 10,250, ,075 9,853 ARAB PHARMA COM APMC 2007 Q3 20,000,000 70,213,966 57,850,485 5,128, % 11.9% % 90,200, N/A N/A ARAB POTASH CO APOT 2008 H1 83,318, ,198, ,752,000 90,066, % 44.5% % 5,040,739, ,753 28,585,082 AL-QUDS READY MIX AQRM 2008 H1 14,000,000 19,210,924 15,507, , % 1.9% (2.7%) 15,400, , ,174 ARAB ENGINEERING IND. AREN 2008 H1 7,117,236 12,650, , , % 107.0% N/A N/A % 12,811, N/A N/A ARAB STEEL PIPES ASPMM 2008 H1 9,000,000 23,758,129 18,421,822 2,330, % 27.7% % 20,610, , ,766 COMPLAND DEV&INV ATTA 2008 H1 12,000,000 17,289,192 15,276,635 (270,119) (0.023) (3.1%) (3.6%) % 15,360,000 Negative 188, ,218

9 BATON FOR BLOCKS BLOK 2008 H1 12,000,000 14,797,103 12,563, , % 9.8% % 13,440, ,852 16,389 JORDAN CLOTHING CJCC 2008 H1 3,000,000 6,707,748 4,101,326 49, % 2.4% (2.1%) 7,050, , ,310 DAR ALDAWA DV/IV DADI 2008 H1 20,000,000 73,071,216 53,411,033 3,138, % 11.9% (0.5%) 88,000, , ,664 EKBAL PRINT CO. EKPC 2008 H1 5,000,000 8,720,654 6,328, , % 6.7% % 5,900, ,433 8,730 EL-ZAY READY WR ELZA 2008 H1 11,500,000 20,413,808 9,774,289 (824,755) (0.072) (8.3%) (16.4%) % 7,130,000 Negative 79,892 48,836 AL-FATIHOUN AL ARAB FATI N/A N/A 10,000,000 N/A N/A N/A N/A N/A N/A (5.7%) 8,300,000 N/A 433, ,337 FIRST NAT VEG OIL FNVO 2008 Q1 4,500,000 6,926,290 3,019, , % 14.1% % 4,590, ,118 37,522 GENERAL INVESTMENT GENI 2008 H1 10,000,000 31,682,250 28,454,082 1,436, % 10.3% % 56,000, GENERAL MINING GENM 2008 H1 1,500,000 2,825,850 2,536, , % 19.0% % 11,685, N/A N/A LIGHT CONCRETE GLCI 2008 H1 8,500,000 16,510,757 8,512,364 (294,393) (0.035) (4.4%) (12.6%) % 12,410,000 Negative 5,456 7,849 HAYAT PHAR. IND. HPIC 2008 H1 9,500,000 12,673,343 10,533,408 63, % 1.2% (0.8%) 11,115, ,656 3,246 INDSTRAL/COMM/AGR ICAG 2008 H1 14,396,942 9,458,887 6,630,470 (541,990) (0.038) (10.7%) (15.7%) (5.1%) 18,716,025 Negative 869,582 1,081,536 INDL CERAMIC ICER 2008 H1 6,000,000 8,769,123 7,077, , % 14.7% (2.4%) 7,200, ,000 1,190 AD-DULAYL INDUS. PARK IDMC 2008 H1 21,000,000 61,741,437 55,952, , % 1.4% (4.7%) 42,210, ,826,411 9,720,839 RUM ALADDIN IND. IENG 2008 H1 7,175,097 27,180,534 9,105, , % 12.1% % 23,247, IND./MATCH JEMCO INMJ 2008 H1 1,800,000 1,050, ,317 (125,321) (0.070) (22.2%) (23.8%) (4.6%) 4,086,000 Negative COMPREHENSIVE INOH 2008 H1 4,250,000 15,229,781 5,935, , % 11.9% (3.3%) 11,050, ,678 2,586,933 INTERMED PETRO CHEM IPCH 2008 H1 7,000,000 10,427,569 8,403, , % 6.4% (13.9%) 10,850, ,300 3,805 INT TOBACCO ITCC 2008 H1 20,000,000 72,213,803 33,653,427 4,500, % 24.7% % 53,000, ,279 29,748 JOR NEW CABLE CO JNCC 2008 H1 27,000, ,638,652 35,966,962 4,808, % 28.2% % 83,700, ,170 41,254 JOR CERAMIC FAC JOCF 2008 H1 7,500,000 11,694,677 9,643,925 (557,585) (0.074) (9.4%) (11.2%) (3.6%) 4,050,000 Negative 19,222 10,393 JOR CEMENT FACT JOCM 2008 H1 60,444, ,989, ,202,796 26,183, % 31.4% (5.5%) 513,777, , ,692 JORDAN DAIRY JODA 2008 H1 4,000,000 9,656,817 7,165,166 36, % 1.0% % 7,400,000 >100 N/A N/A JOR INDSTR CHEM JOIC 2008 H1 1,799,624 5,473,708 3,185, , % 10.7% % 5,128, N/A N/A JORDAN IND.RES. JOIR 2008 H1 13,250,000 22,210,720 16,253, , % 6.9% (4.9%) 10,335, ,415,010 1,934,546 JOR PAPER & CARD FACT JOPC 2008 H1 7,500,000 20,450,753 10,608,283 77, % 1.5% % 19,725,000 >100 N/A N/A JOR PHOSPHATE MN JOPH 2008 H1 75,000, ,282, ,804,857 75,273, % 67.3% (1.1%) 3,772,500, ,050, ,691,480 JOR PIPES MANFACT JOPI 2008 H1 3,575,000 11,936,534 7,942, , % 17.3% (2.6%) 7,936, ,216 7,185 JOR PETROLM REF JOPT 2008 H1 35,000,000 1,075,576,670 63,213,995 2,277, % 7.3% (1.6%) 441,000, ,817,258 23,618,926 JOSECO JOSE N/A N/A 5,000,000 N/A N/A N/A N/A N/A N/A (10.1%) 6,700,000 N/A 831,856 1,195,885 JOR SELPHO CHEM JOSL 2008 H1 4,000,000 9,015,350 4,909, , % 17.6% (0.3%) 22,840, ,762 15,782 JOR STEEL JOST 2008 H1 35,000, ,566,852 56,979,102 14,817, % 57.0% (4.3%) 201,250, ,832,226 10,906,669 JORDAN TANNING JOTN 2008 H1 1,500,000 2,429,888 1,950,049 (46,458) (0.031) (3.9%) (4.8%) % 3,150,000 Negative JOR ROCK WOOLID JOWL 2008 H1 3,000,000 2,391,951 2,015, , % 10.8% (1.7%) 3,390, ,741 22,116 JOR WORSTED MILL JOWM 2008 H1 12,500, ,892, ,294,002 3,645, % 7.2% % 75,500, ,584 9,408 JORDAN PHARMA JPHM 2008 H1 20,000,000 53,891,457 32,180,572 (2,085,918) (0.104) (7.7%) (12.6%) (1.8%) 32,000,000 Negative 4,518 7,348

10 JORDAN POUL PROC JPPC 2008 H1 16,000,000 22,655,256 5,358,606 (1,137,130) (0.071) (10.5%) (44.6%) % 8,480,000 Negative N/A N/A JOR VEG OIL IND JVOI 2008 H1 3,000,000 20,176,439 5,840, , % 34.2% % 8,850, N/A N/A ENJAZ LIPO 2007 Q4 3,335,942 3,426,083 3,286,540 (68,113) (0.020) (3.2%) (3.6%) (4.5%) 6,338,290 Negative 1,000 1,900 ARAB PESTICIDES MBED 2008 H1 10,000,000 18,420,450 13,152,152 1,171, % 18.8% (4.2%) 27,200, ,608 1,801,719 MID EAST COMPLEX MECE 2008 H1 100,000, ,672, ,268,102 8,361, % 9.8% (3.2%) 299,000, , ,523 MID PHARMA IND MPHA 2008 H1 9,869,583 25,032,419 12,462,150 92, % 1.5% % 29,608,749 >100 3,472 10,054 NATIONAL STEEL NAST 2008 H1 4,000,000 12,879,587 6,108, , % 26.5% (10.2%) 6,680, , ,632 NAT`L ALUM IND NATA 2008 H1 9,000,000 20,170,708 12,442, , % 9.7% (2.0%) 13,140, ,867 24,833 NAT CHLORINE NATC 2008 H1 9,000,000 12,159,738 12,159, , % 13.2% (2.3%) 11,520, ,611 16,277 NAT`L POULTRY NATP 2008 H1 30,000,000 74,586,958 56,143,189 3,092, % 11.3% % 66,000, ,541 3,217 NUTRI DAR NDAR 2008 H1 10,000,000 19,433,564 11,034, , % 9.3% % 17,000, ,010 3,392 PEARL SAN P CONV PERL 2008 H1 2,500,000 3,730,522 3,355,832 50, % 3.0% % 7,350, N/A N/A READY MIX CONCRT RMCC 2008 H1 25,000,000 43,118,999 29,949,233 1,433, % 12.3% (1.3%) 58,750, ,665 1,518,552 SILICA INDUSTR. SLCA 2008 H1 2,366,815 2,581,230 2,480,001 91, % 7.5% % 10,579, N/A N/A TRAVCO TRAV 2008 H1 4,600,000 6,567,999 5,810, , % 25.6% (2.4%) 5,658, ,201 2,717 UNION ADV INDST UADI 2008 H1 3,000,000 11,865,618 6,726, , % 24.3% (11.0%) 7,560, ,352 16,900 UNITED CABLE IND UCIC 2008 H1 40,000,000 41,913,320 41,356,809 1,356, % 6.6% (3.9%) 48,800, ,606 89,059 AL-QARIA UCVO 2008 H1 4,500,000 19,515,548 5,047, , % 23.6% (6.9%) 12,150, ,509 41,897 UNIV MOD INDCO UMIC 2008 H1 6,000,000 13,612,463 9,106,875 1,027, % 23.3% (5.6%) 10,200, , ,307 UNIV CHEM IND UNIC 2008 H1 1,500,000 3,168,914 2,769,617 (73,678) (0.049) (4.6%) (5.2%) % 3,120,000 Negative UNION TOBACCO UTOB 2008 H1 15,000,000 63,427,693 36,816,329 1,516, % 8.3% (1.4%) 41,400, ,314 6,318 NAT/CABL/WIRE/MF WIRE 2008 H1 20,000,000 40,844,428 27,948,784 1,201, % 10.0% (1.2%) 32,000, , ,332 JOR WOOD INDUSTR WOOD 2008 H1 4,500,000 16,860,894 13,025, , % 18.4% % 25,650, N/A N/A WOOLEN INDUSTRIES WOOL 2008 H1 1,200, , ,820 (88,678) (0.074) (16.2%) (23.5%) % 1,368,000 Negative N/A N/A Industrial Sector Total 1,041,828,707 4,300,130,395 2,140,746, % 18.3% 11,714,006, ,044, ,253,640 Market Total 6,043,495,861 53,859,921,345 12,350,106, ,777, % 15.9% 37,655,799, ,844, ,242,322 Earnings per Share () indicated above represents the basic. The Arab Bank represents the Arab Bank Group. Return on Average Assets () and Return on Average () are based on annualised earnings. Where no financials have been issued by the Company for either two consecutive fiscal years, the figures indicated represent the Return on Assets (ROA) and Return on (ROE). is based on last closing price and annualised earnings per share. The Arab Bank is based on the Arab Bank Group financials. Negative and s greater than 100 have been excluded from the calculation of the sector. N/A - Information not Available/Applicable

11 Research Department Tanya Khammash Head of Research Department Zein Alkhas Research Analyst Brokerage Tel (ext. 301) Disclaimer This document has been issued by ABC Investments for informational purposes only. The information contained herein is based on sources we believe to be reliable, but its accuracy is not guaranteed and such information may be incomplete or condensed. This document is not, and should not, be construed as an offer or the solicitation of an offer to buy or sell any security. ABC Investments accepts no liability for any loss or damage of any kind arising from the use of all or any part of this document. ABC Investments has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein changes or subsequently becomes inaccurate. This document may not be reproduced or circulated without the written consent of ABC Investments.