Stock Market Highlights. MARKET WATCH Market Performance

Size: px
Start display at page:

Download "Stock Market Highlights. MARKET WATCH Market Performance"

Transcription

1 MARKET WATCH Market Performance The buoyant performance of the Amman Stock Exchange continued this week, despite a blip in the General Index s upward trend on Monday, where a minor correction took place leading the Index to drop by 1.23%. By the end of the week, however, the Index had climbed 4.6% to 5,043.7 points, equivalent to 11,093.9 points on the old weighted index. Liquidity remained abundant, with daily trading volumes reaching unprecedented levels. While the average daily number of shares traded declined to 37.1 million compared to 42.2 million shares last week, the sustained activity on the market heavyweights led to the average daily value traded to register at a significant JD 20 million higher than last week s average, at JD million versus JD million. A number of rights issues took place this week, including those on the stocks of Jordan Dubai Capital, Jordan Steel and Arab Real Estate Company, whose reference prices were altered accordingly, positioning them as our three top decliners for the week. Meanwhile, the market had a newcomer, Sabaek Invest, which was listed on the Exchange on Wednesday at a floating price. It ended the week at JD 1.47 compared to its issuance price of JD 1, placing it as our top gainer. The number of advancers outnumbered decliners at 101 companies to 95 of the 206 companies whose stocks were traded, causing the market capitalization to continue to soar, reaching JD billion. Sector Performance All sector indices ended in the green this week, with the performance of the Insurance Sector being particularly striking, rising by 9.70%, driven by the 27.0% and 24.5% increases in share price of the Islamic Insurance Company and the Jordan Insurance Company, respectively. The Services Sector Index increased by an impressive 6.61%, while the Industrial and Banking Sectors indices managed ascents of 5.83% and 3.35% respectively. The lion s share of trading was claimed by the Services Sector, with a trading volume and value of million shares and JD million respectively. The Industrial Sector followed, with a trading value of JD million and a volume of million shares. The value traded for the Banking and Insurance Sectors registered at JD million and JD million, while volume traded reached million and 6.59 million shares respectively. Stock Market Highlights This Week Week YTD General Index (Weighted) , % 47.54% General Index (Free Float) 5, , % 37.25% This Week Week Value Traded (JD millions) % Volume Traded (millions) (18.17%) Index The Week s Top Gainers and Losers General Market Index Performance Index Weekly Index 15/06/08 16/06/08 17/06/08 18/06/08 19/06/ /06/07 10/08/07 10/10/07 10/12/07 10/02/08 10/04/08 10/06/08 Company Current Close Close % Sabaek Invest (SABK) % Al-Amin for Investments (AAFI) % Jordan Sulpho Chemical (JOSL) % Islamic Insurance Company (TIIC) % Ad-Dulayl Ind. Park Co. & Real Estate (IDMC) % Jordanian Pharmaceutical Manu. (JPHM) (14.47%) Winter Valley Tourism Investments (WIVA) (15.34%) Arab Real Estate Company (ARED) (15.85%) Jordan Steel (JOST) (28.88%) Jordan Dubai Properties (REIN) (33.53%) The Week s Most Active Stocks in Number of Shares Traded* Company Volume of Shares Ad-Dulayl Ind. Park Co. & Real Estate (IDMC) 17,544,868 South Electronics (SECO) 10,122,061 Jordan Electric Power (JOEP) 8,170,854 Jordan Petroleum Refinery (JOPT) 7,510,997 Middle East Complex for Eng. Elec. (MECE) 7,404,531 The Week s Most Active Stocks in Value of Shares Traded* Company Value of Shares (JD) Jordan Petroleum Refinery (JOPT) 158,101,600 Jordan Phosphate Mines (JOPH) 124,757,216 Arab Bank (ARBK) 105,872,736 Jordan Electric Power (JOEP) 61,534,328 Ad-Dulayl Ind. Park Co. & Real Estate (IDMC) 44,347,608 * excluding block deals Weekly Index 1

2 Block Trades Nine stocks experienced an aggregate of thirteen block trades this week for a combined value of JD million, the largest of which was a deal on the stock of the Housing Bank (THBK) with a value traded of JD 4 million and 500 thousand shares. Amwal Invest (AMWL) had four deals for 800 thousand shares and an aggregate trading value of JD 2.29 million, while National Portfolio (NPSC) had one deal, with 550 thousand shares traded at a price of JD 3.97 per share. Other significant deals included one to the value of JD 1.38 million on the stock of the Bank of Jordan (BOJX), and two on the stock of the Arab Electrical Industries (AEIN), each entailing the trade of 500 thousand shares at a price of JD 1.35 per share. CORPORATE NEWS The Arab Bank (ARBK) was awarded the title of Best Bank in Jordan for 2008 by the Euro Money Magazine. The Arab Bank also announced the opening of a new branch in the Al Rawnaq area, thereby raising its branch network to 78 branches across the Kingdom. The 5 million additional shares of Cairo Amman Bank (CABK) were listed on the Amman Stock Exchange on Thursday and the Bank s reference price was set at JD 3.20 per share, thereby raising Bank s listed capital to JD 80 million. Al Fares National Company for Export and Investment / Optimiza (CEBC) acquired 70% of the Saudi Vision Development and Computer Service Company for USD 13 million, while Al Malaz Group will retain a 30% holding. New Sector Classification Indices The 2.15 million shares of Al Sabaek Investment Company (SABK) were listed on the Amman Stock Exchange on Wednesday of this week. The shares opened at a floating price of JD 1.34 and ended their first day of trading at JD Index This Week Week % Banks 5, , % Insurance 4, , % Financial Services 10, , % Real Estate 8, ,888.5 (2.0%) Financial 5, , % Health Care Services 1, ,203.0 (3.8%) Educational Services 3, , % Hotels & Tourism 2, ,439.6 (1.7%) Transportation 1, ,504.7 (1.2%) Tech. & Communications 2, ,613.4 (1.8%) Media 3, ,870.9 (0.3%) Utilities & Energy 10, , % Commercial Services 2, , % Services 3, , % Pharm. & Medical Industries 2, ,473.1 (1.0%) Chemical Industries 1, , % Paper & Carton Industries 1, ,269.1 (1.5%) Printing & Packaging 2, ,110.8 (0.5%) Food & Beverage 2, , % Tobacco 2, , % Mining & Extract. Industries 11, , % Engineering & Construction 3, , % Electric Industries 10, , % Textiles, Leather & Clothing 2, , % Glass & Ceramic Industries 1, , % Industries 5, , % General Index 5, , % The 62.5 million rights issue of Jordan Dubai Properties (REIN) was listed on the Amman Stock Exchange on Thursday at a price of JD 0.10 per share; the new reference price for REIN s shares was JD 1.10 per share. The 7.45 million rights issue of International Brokerage and Financial Markets Company (IBFM) was listed on the Amman Stock Exchange on Thursday at a price of JD 0.22 per share; the new reference price for IBFM s shares was JD 1.22 per share. The 10 million rights issue of Arab Real Estate Development Company (ARED) was listed on the Amman Stock Exchange on Thursday at a price of JD 1.07 per share; the new reference price for ARED s shares was JD 2.07 per share. The Jordan Mortgage Refinance Company (JMRC) announced the issuance of their 76th corporate bond, at a nominal value of JD 3 million with a maturity period of 1 year and interest rate of 6.6% per annum. The Jordan Phosphate Mines (JOPH) signed an agreement with an international company to study the economic feasibility of extracting the uranium from its production of phosphoric acid. The 11.9 million rights issue of Jordan Steel (JOST) was listed on the Amman Stock Exchange on Thursday at a price of JD 5.64 per share; the new reference price for JOST s shares was JD 6.64 per share. The 4 million additional shares of Jordan Electric Power (JOEP), resulting from their capital increase through the capitalization of JD 2.21 million from retained earnings and JD 1.7 million from voluntary reserves, were listed on the Amman Stock Exchange on Thursday, thereby raising the Company s listed paid-up capital to JD 70 million. The Exchange set JOEP s 2

3 share reference price at JD 7.00 per share. The Board of Commissioners of the Jordan Securities Commission announced: The registration of the 2 million additional shares paid-up capital of Europe Arab Insurance (AMMI) through the capitalization of JD 720 thousand and the offering of 1.28 million shares/jd for private subscription to existing shareholders. Moreover the Amman Stock Exchange announced the listing of the 720 thousand shares as of Thursday of this week, thereby raising the Company s listed paid-up capital to 6.72 million shares/jd. The registration of the 5 million additional shares of Arab Financial Investments (AFIN) through a public subscription to shareholders of Portfolio Management and Investment Services for Clients/Amwal Invest (AMWL) at an issuance price of JD 2.5 per share representing JD 1 par value and JD 1.5 issuance premium. The registration of 7.5 million additional shares paid-up capital of Al-Amal Financial Investments (AMAL) and the implementation of the issuance prospectus relating to their offering to existing shareholders at an issuance price of JD 1 per share. The registration of the 20 million shares paid-up capital of Al Isra for Islamic Investment and Financing, and the implementation of the issuance prospectus relating to their 5 million shares public offering. The registration of the 30 million shares paid-up capital of Aman Securities following the transformation of the Company s legal description from a limited liability company to a public shareholding company and the implementation of the issuance prospectus. The registration of the Central Bank s JD 150 million treasury bills with a maturity date of August 28th, Global Investment House announced the commencement of the public subscription of 12.5 million shares of United Holding Group at an issuance price of JD 1 per share as of Monday of this week, which will continue until Thursday June 29th MACROECONOMIC NEWS The Central Bank of Jordan announced it has increased the required statutory cash reserves on customer deposits in Jordanian Dinars and foreign currencies held at licensed banks by 1% from 8% to 9% in order to maintain a stable monetary policy and to contain inflationary pressures. According to the Central Bank of Jordan, the balance of the certificates of deposits (CDs) as of June 22nd 2008 will reach JD 1.74 billion, while an issuance of 3-month CDs to the value of JD 75 million with an issuance date of June 22nd 2008, maturing on September 21st 2008, was opened for bids at an interest rate of 5.625%. According to the Department of Statistics, the Agriculture Producer Index rose by 8.3% during the first four month of 2008 compared to the same period of With prices of cucumbers and bananas being the primary culprits, rising by 38.5% and 21.8% respectively. Despite an increase in the volume of credit facilities granted by the banking sector, economists criticized licensed banks for concentrating the granting of credit facilities to lower production sectors, such as the general trade and construction sectors that have a lower added value to the economy. According to the Department of Statistics, Jordan s exports to the 17 member states of the Greater Arab Free Trade Area (GAFTA) reached JD million during the first four months of 2008 compared to JD million during the same period of 2007, an increase of 12.9%. Iraq ranked in top position in terms of distribution of national exports at JD million, followed by Saudi Arabia and Syria with JD million and JD 68.7 million respectively. The United Arab Emirates ranked in fourth position with JD 44 million. Imports, on the other hand, amounted to JD 1,455 million compared to JD 978 million over the same period, with Saudi Arabia providing 65.8% equivalent to JD 957.6, followed by Egypt with JD 144 million. 3

4 According to a poll conducted by the University of Jordan s Centre of Strategic Studies to measure the level of public confidence in the Dahabi Government after 200 days of its formation, 71% of the sampled citizens concur that the rising of prices is the main issue facing the Government, while 9% stated that it was unemployment and 8% said poverty. According to a report issued by the World Bank, the Kingdom s growth in GDP is expected to reach 6% by the end of 2010 measured in constant USD 2,000. Moreover, the current account deficit as a percentage of GDP is forecasted at 18.9% in 2010 compared to 30.2% for this year. According to the Central Electricity Generating Company, the World Bank completed the preparation of the documentation relating to a USD 93 million loan that will be used to finance wind power investments in the Kingdom. The Government is planning the establishing of a wind power stations for the generation of electricity, with an expected capacity of 300 megawatts by the year 2015 and to be doubled by year According to the National Energy Research Centre, the national strategy for the energy sector recommended that renewable energy comprise 7% of all energy sources by the year 2015, rising to 10% by The strategy estimated a required investment level in renewable energy projects of between USD billion. According to the Natural Resource Authority, September 4th 2008 shall be the last day for accepting proposals from companies interested in the developing and exploiting the Kingdom s copper resources. The reserve of crude copper is estimated at 52 million tonnes. The Natural Resource Authority intends to conduct a field study on prospecting and exploration of gold in specific regions of the Kingdom. Due to latest increase in fuel prices, the Ministry of Industry and Trade raised the fees on transportation of provisions by 13% per tonne, while the Jordan Petroleum Refinery increased the transportation fees of crude oil by 6.8%. The Minister of Public Works and Housing revealed that the Ministry s expenditures on projects for the current year exceeds JD 1 billion. The projects involve construction of roads, government buildings, and housing. The Minister of Industry and Trade announced the preparation of a new strategy plan for the textile and clothing sector in collaboration with the Amman Chamber of Industry and the Jordanian Enterprise Development Corporation which shall be completed by the end of next month. The new strategy will target five categories; employment, increasing production, decreasing production costs, domestic and international marketing, and quality. The Ministry of Industry and Trade announced that the Amman Chamber of Industry will issue a guidance bulletin for steel prices that are sold directly from the factor, enabling customers to purchase directly from the factory without the need for an intermediary. Moreover the Government is investigating the reason behind the rise in cement prices and once the reasons are determined the required actions will be undertaken. Al Rajihi Group announced that it will commence distribution of cement produced in its Mafraq factory before the end of the year. The output of the first phase of production will be 2.3 million tonnes annually, while the second phase production capacity is expected to reach 4.6 million tonnes, with a total cost of JD 200 million. The Agricultural Credit Corporation announced that it has allocated JD 25 million for its small loans project, which it commenced executing last year and will resume for five years. The ceiling on these loans is JD 3,000, with a repayment schedule of 5 years. This project is intended to reduce unemployment and poverty in rural areas. The E Government programme is expected to commence preparing the request for tender documents for the implementation of the Smart Card project in order to attract companies and coalitions that are capable of creating a service system during the last quarter of 2008, and to execute the project at the start of Handling volume for the Aqaba Container Terminal during May 2008 reached 52 thousand units, the highest volume registered in the history of the Terminal. According to the Company s statistics, the handling volume for the first quarter of 2008 rose by 40% compared to the same period of The Franco Arabe Chamber of Commerce selected Jordan as a member of its Board of Directors for the second consecutive 4

5 year. The Chamber works on developing trade and investment cooperation between French economic and commercial establishments and Arab countries. The prices of imported meat declined by 12% as of Tuesday of this week to reach JD 3.30/ kilogram compared to the previous price JD 3.70/kilogram, due to a decrease in the demand for imported meat. Total revenues from entrance fees to Petra reached JD 3.7 million during the first five months of 2008, with the total number of visitors during that period exceeding 360 thousand tourists. The Minister of Information and Communication Technology announced the reduction of sales tax on residential-use internet services from 16% to 8%, thereby decreasing the prices charged by internet providers by 20%. 5

6 ARAB BANKING CO. ABCO 2008 Q1 64,471, ,384,790 80,671,022 3,776, % 19.1% % 151,508, , ,986 ARAB JOR/INV/BANK AJIB 2008 Q1 100,000, ,181, ,067,186 2,750, % 16.6% (6.9%) 190,000, , ,485 ARAB BANK ARBK 2008 Q1 534,000,000 21,666,537,000 3,584,588, ,617, % 13.5% % 12,276,660, ,631, ,872,736 BANK OF JORDAN BOJX 2008 Q1 100,000,000 1,569,932, ,921,261 6,790, % 17.2% % 279,000, , ,292 CAIRO AMMAN BANK CABK 2008 Q1 80,000,000 1,444,747, ,997,283 4,607, % 12.3% (0.6%) 266,400, , ,794 CAPITAL BANK EXFB 2008 Q1 132,280, ,773, ,341,234 3,904, % 8.8% % 318,794, , ,831 INDSTRL DEV BANK INDV 2008 Q1 24,000, ,448,302 61,396,379 1,732, % 11.4% % 90,000, ,541,392 5,567,159 JOR INV FIN BANK JIFB 2008 Q1 55,000, ,585,500 82,918,090 3,343, % 16.5% (1.9%) 142,450, , ,265 JCBANK JOGB 2008 Q1 69,575, ,339,056 81,351,349 2,416, % 11.9% (0.8%) 173,241, ,312 1,138,761 JOR ISLAMIC BANK JOIB 2008 Q1 65,000,000 1,734,798, ,304,799 7,828, % 22.8% % 620,100, ,581,206 30,860,226 JOR KUWAIT BANK JOKB 2008 Q1 100,000,000 2,002,389, ,084,745 13,328, % 23.7% % 774,000, ,725 1,953,823 JORDAN AHLI BANK JONB 2008 Q1 110,000,000 2,035,250, ,062,823 9,010, % 17.9% (6.1%) 289,300, ,843 1,474,605 SOCGEN BK - JORDANIE MEIB 2007 Q4 40,455, ,921,355 27,312,443 2,206, % 8.4% % 105,994, N/A N/A HOUSING BK TRD FIN THBK 2008 Q1 250,000,000 5,096,782, ,159,385 30,806, % 14.8% % 2,250,000, ,981 1,497,706 UNION BK SAV/INV UBSI 2008 Q1 95,000,000 1,075,998, ,625,702 5,439, % 10.0% (1.1%) 332,500, , ,584 Banking Sector 1,819,782,705 40,449,070,682 6,138,801, ,559, % 14.3% 18,259,949, ,868, ,109,253 ALNISR ALARABI AAIN 2008 Q1 10,000,000 30,214,132 18,232, , % 16.6% % 57,700, ,394 13,171 ARAB ORIENT INS AALI 2007 Q4 10,000,000 27,755,715 12,523,505 1,462, % 11.9% (0.4%) 24,000, ARAB GERMAN INS AGICC 2008 Q1 10,400,680 43,765,882 9,029,042 (34,570) (0.003) (0.3%) (1.4%) % 39,418,577 Negative 2,293,328 8,458,359 ARAB INT UNI INS AIUI 2008 Q1 4,000,000 10,554,341 4,961,996 (73,182) (0.018) (2.8%) (5.9%) % 6,360,000 Negative 15,664 24,316 EURA ARAB INS. AMMI 2008 Q1 6,720,000 18,624,089 7,999, , % 23.4% (8.3%) 8,198, ,072 14,439 BARAKAH TAKAFUL ARAI 2007 Q4 5,944,797 9,899,246 5,457, , % 11.9% % 9,392, ,967,534 3,158,814 ARAB ASSURERS ARAS 2008 Q1 8,000, ,142 9,529,018 40, % 1.7% (10.6%) 10,800, ,078 96,695 ARAB JOR INSURANCE ARGR 2008 Q1 10,000,000 15,404,932 1,079,085 17, % 1.2% % 21,300,000 >100 2,020 4,337 ARAB INS ARIN 2007 Q4 8,000,000 25,758,171 10,272, , % 9.1% (8.7%) 16,800, ,190 ARABIAN SEAS INS ARSI 2008 Q1 21,000,000 18,944,334 14,803, , % 3.6% (3.2%) 19,320, ,080 2,823 DELTA INSURANCE DICL 2008 Q1 5,000,000 11,225,481 7,785, , % 22.0% % 14,200, N/A N/A DARKOM DRKM 2007 Q4 10,000,000 9,191,628 9,132,044 (867,956) (0.087) (9.4%) (9.5%) (4.3%) 11,200,000 Negative 154, ,214 FIRST INSURANCE FINS N/A N/A 24,000,000 N/A N/A N/A N/A N/A N/A % 27,600,000 N/A 758, ,010 GENERAL ARAB INS GARI 2007 Q4 7,722,504 19,335,252 12,244, , % 9.9% (1.6%) 9,267, ,270 2,696 GERASA INSURANCE GERA 2007 Q4 3,981,840 6,042,804 1,801,234 (644,068) (0.162) (10.0%) (33.1%) % 5,932,942 Negative N/A N/A HOLY LAND INS HOLI 2008 Q1 4,000,000 10,029,049 3,023,538 (420,870) (0.105) (17.9%) (52.1%) % 6,920,000 Negative 2,109 3,649 JERUSALEM INS JERY 2007 Q4 5,460,000 18,527,357 9,227,311 1,537, % 18.2% % 16,816, ,256 3,639

7 JOR INT INSUR CO JIJC 2008 Q1 16,500,000 36,545,102 22,114, , % 7.2% % 28,215, , ,384 JOR FRENCH INS JOFR 2007 Q4 9,100,000 20,707,079 3,445,875 (2,607,609) (0.287) (11.8%) (52.8%) (2.9%) 9,100,000 Negative 22,210 22,107 JORDAN INSURANCE JOIN 2008 Q1 30,000,000 86,094,973 55,823,935 3,871, % 33.8% % 138,600, ,560 1,957,718 MED GULF-JORDAN MDGF 2007 Q4 10,000,000 14,069,879 10,095,730 95, % 0.9% (5.1%) 24,300,000 >100 34,624 86,694 MIDDLE EAST INS MEIN 2008 Q1 18,000,000 68,552,273 40,623,800 (199,727) (0.011) (1.2%) (2.0%) % 56,160,000 Negative 44, ,102 NATIONAL INSURANCE NAAI 2008 Q1 4,000,000 9,353,587 4,706,206 99, % 8.5% (2.7%) 5,840, ,039 3,050 OASIS INSURANCE OASI 2007 Q4 5,000,000 4,327,014 (729,660) (456,406) (0.091) (7.0%) (33.3%) (3.3%) 2,950,000 Negative 31,551 19,010 PHILADELPHIA INS PHIN 2007 Q4 4,000,000 8,192,692 4,579, , % 6.5% % 5,200, N/A N/A ISLAMIC INSUR CO TIIC 2008 Q1 8,000,000 24,020,895 15,543,718 2,335, % 67.8% % 35,760, ,592 2,630,622 UNITED INSURANCE UNIN 2008 Q1 7,000,000 19,289,296 12,980, , % 20.3% % 12,670, N/A N/A YARMOUK INS YINS 2008 Q1 5,000,000 11,828,576 6,971,665 (229,525) (0.046) (7.6%) (13.0%) (9.3%) 10,200,000 Negative 8,974 19,202 Insurance Sector Total 270,829, ,958, ,256, % 11.1% 634,221, ,588,660 17,834,480 AL-AMIN FOR INV AAFI 2008 Q1 8,940,090 21,758,696 19,242,259 4,919, % 114.2% % 52,657, ,840,531 9,694,388 NAT L COM CENTER ABLA 2008 Q1 6,000,000 7,217,536 5,537,995 (78,815) (0.013) (4.3%) (5.7%) % 7,560,000 Negative 58,258 67,730 AL-BELAD MED SRV ABMS 2008 Q1 15,000,000 22,770,908 18,951, , % 3.6% (4.3%) 20,100, , ,944 COMPRHNSVE MUTLP TRAN ABUS 2008 N/A 20,000,000 N/A N/A N/A N/A N/A N/A % 47,400,000 N/A 204, ,998 ARAB EAST INVST. AEIV 2008 Q1 40,000, ,363,512 92,466,990 17,926, % 93.9% (4.4%) 148,000, ,298,886 5,007,270 ARAB INT INV EDU AIEI 2008 Q1 40,500, ,033,317 51,517,990 (475,638) (0.012) (0.4%) (3.6%) % 159,570,000 Negative 44, ,246 ISRA EDUE AIFE 2007 Q4 15,000,000 34,919,594 18,309,648 1,929, % 11.7% % 50,250, ,500 40,876 ARAB INTL HOTEL AIHO 2008 Q1 25,000,000 72,925,506 62,999, , % 4.7% (1.5%) 66,250, ,966 18,684 AL SHARQ INV AIPC 2007 Q4 16,000,000 20,466,000 19,198,188 1,493, % 7.8% % 26,880, N/A N/A JOR INV.&TRSM ALFA 2007 Q4 7,500,000 8,206,763 6,925,123 (461,882) (0.062) (5.5%) (6.5%) % 10,125,000 Negative 10,650 13,942 AMAD REAL ESTATE INV. AMAD 2008 Q1 6,600,000 10,576,343 9,986, , % 18.8% % 14,520, , ,801 AL-AMAL INV. AMAL 2007 Q4 7,500,000 10,719,907 8,937,032 1,226, % 14.7% % 31,575, ,027,343 21,515,182 AMMAN FOR DEV.& INV AMDI 2007 Q4 7,000,000 11,691,662 (1,177,983) (1,075,388) (0.154) (9.0%) 168.0% % 46,760,000 Negative N/A N/A AMWAL INVEST AMWL 2008 Q1 42,500,000 74,537,881 62,701,991 2,820, % 18.4% % 117,725, ,315,839 12,245,442 ARD ANNOMOW ARDN 2007 N/A 500,000 N/A N/A N/A N/A N/A N/A (11.7%) 1,700,000 N/A 22,379 78,908 ARAB REAL EST ARED 2008 Q1 30,000,000 87,420,860 40,331,076 2,486, % 27.4% (15.9%) 62,100, ,283 2,410,321 AWTAD INVESTMENTS A 2007 Q4 1,000,000 1,237, ,522 2, % 0.2% % 3,650,000 > B. AL-MAL/BEITNA BAMB 2007 Q3 28,600,000 71,121,609 58,607,506 9,855, % 23.6% (1.0%) 54,340, , ,943 OFFTEC INVESTMENTS BDIN 2007 Q4 42,000,000 46,302,863 42,582, , % 2.2% (2.0%) 42,000, , ,679 BINDAR BIND 2007 Q4 13,000,000 28,854,138 14,802,904 1,379, % 12.3% % 39,000, ,109 15,692 BILAD INVESTMENTS BLAD 2007 Q4 10,000,000 12,082,256 10,534, , % 5.9% (3.7%) 15,500, , ,057 AL-FARIS NATIONAL CEBC 2007 Q4 25,000,000 33,816,486 25,547, , % 1.9% % 44,000,000 >100 2,836,498 5,016,801 CENTURY INV.GRP CEIG 2007 Q4 5,191,560 9,220,062 6,222, , % 9.2% (1.4%) 7,060, , ,191

8 CONSULTANT AND INV GR CICO 2007 N/A 22,000,000 N/A N/A N/A N/A N/A N/A % 28,380,000 N/A 56,731 71,591 CONTEMPRO COHO 2008 Q1 6,000,000 9,081,061 8,647, , % 6.8% (4.0%) 10,020, ,084,872 1,858,942 DARAT JORDAN HOLDING DARA 2208 N/A 15,000,000 N/A N/A N/A N/A N/A N/A % 18,000,000 N/A 511, ,296 D-KHALILI & SONS DKHS 2007 Q4 12,200,000 43,555,212 6,711,362 79, % 1.2% % 31,476,000 >100 3,319,670 7,965,615 DAMAC REAL ESTATE DMAC 2007 Q4 5,000, ,190, , % 3.7% (4.6%) 16,500, , ,738 EMMAR INV. DEV. EMAR 2008 Q1 11,970,000 33,409,223 16,279,367 1,088, % 27.7% (3.4%) 27,171, , ,733 FIRST FINANCE FIFI 2008 Q1 50,000,000 56,707,560 52,442,415 3,063, % 23.4% % 62,000, ,073 1,171,081 FALCON INV &FIN FIFS 2008 Q1 4,085,844 5,769,118 4,018,913 60, % 9.2% % 5,066, , ,294 MODEL RESTAURANTS FOOD 2007 N/A 25,000,000 N/A N/A N/A N/A N/A N/A % 38,000,000 N/A 1,277,385 1,868,106 FIRST JORDAN FRST 2007 Q4 150,000, ,502,659 10,217, % 6.5% % 168,000, ,811,396 4,313,856 BATELCO JORDAN FTGR 2007 Q4 1,870,018 11,251,553 1,659,973 (356,333) (0.191) (3.2%) (19.4%) % 8,583,383 Negative N/A N/A FUTURE ARAB FUTR 2007 Q4 15,500,000 16,426,496 16,268, , % 3.8% (0.8%) 20,150, , ,380 JOR HIMMEH MINERAL HIMM 2007 Q4 500,000 1,634,405 1,618,443 (10,186) (0.020) (0.6%) (0.6%) N/A N/A % 1,065,000 Negative N/A N/A HIGH PERFORMANCE HIPR 2007 Q4 12,000,000 12,445,598 12,387, , % 3.1% % 23,640, , ,855 INT L BROKERAGE IBFM 2008 Q1 21,295,117 44,238,553 24,469, , % 13.3% (6.8%) 26,192, ,087,912 1,390,520 INT CO MED INV ICMI 2008 Q1 4,500,000 5,665,572 4,164,355 (338,138) (0.075) (24.9%) (31.2%) (10.5%) 20,610,000 Negative 452,055 2,292,698 INVEST ESTATE INDUST IEAI 2007 Q4 30,000,000 53,091,578 31,453,279 1,041, % 3.4% % 127,500,000 >100 92, ,700 IHDATHIAT CO. IHCO 2008 Q1 3,000,000 3,772,401 3,195,598 96, % 11.8% % 6,150, ,099,141 2,236,091 ARABIAN DEV CO INMA 2008 Q1 7,000,000 17,098,826 16,047, , % 10.0% % 14,560, , ,234 INV. & INTEG INDUS INTI 2007 Q4 7,000, ,789, ,207 (3,679,952) (0.526) (2.9%) (825.0%) N/A N/A - N/A - N/A N/A N/A INV HOUSE INVH 2008 Q1 12,000,000 31,982,397 11,338, , % 14.7% % 24,480, ,010,768 7,413,154 IRBID DISTRICT ELEC IREL 2007 H1 4,000,000 89,194,484 6,535, , % 8.2% % 23,320, N/A N/A ITTIHAD SCHOOLS ITSC 2007 Q1 10,617,815 19,423,517 14,829,209 98, % 2.6% % 18,581, , ,037 JOR DUTY FRE SHP JDFS 2007 Q4 5,000,000 18,383,395 15,414,000 4,152, % 28.0% (3.3%) 42,500, ,480 DIMENSIONS JEDI 2007 Q4 10,000,000 9,885,863 9,799,169 (200,831) (0.020) (2.0%) (2.0%) % 10,900,000 Negative 133, ,565 JORDAN EXPAT.INV JEIH 2008 Q1 15,000,000 25,193,843 22,313,801 3,384, % 65.4% % 35,100, ,392,788 9,913,976 JORDAN EXPRESS JETT 2008 Q1 10,800,000 20,189,089 18,119, , % 12.4% % 27,324, , ,491 INTERNATIONAL INV. JIIG 2007 Q4 10,000,000 12,686,239 9,577,184 (292,915) (0.029) (2.3%) (3.0%) % 15,300,000 Negative 540, ,294 JORDAN INTL TRAD JITC 2008 Q1 3,400,000 6,357,456 4,318, , % 39.6% (2.1%) 8,024, ,863 71,875 JOR LOAN GRNT.CO JLGC 2007 Q4 10,000,000 25,328,525 17,012, , % 4.3% (2.4%) 12,400, ,600 54,718 JOR MORTGAGE REFIN JMRC 2008 Q1 5,000, ,302,939 7,182, , % 12.2% N/A N/A - N/A - N/A N/A N/A TAJCATERINGHOUSING JNTH 2007 Q4 10,000,000 13,120,545 11,196,983 12, % 0.1% % 35,900,000 >100 4,780,324 16,676,319 JORDAN CENTRAL JOCE 2008 Q1 4,500,000 8,840,756 5,183,643 81, % 11.5% % 13,050, ,615 10,147 JOR ELECTRIC PWR JOEP 2008 Q1 70,000, ,736,896 97,589, , % 2.6% (3.7%) 491,400,000 >100 8,170,854 61,534,328 JOR HOTEL TOURS JOHT 2007 Q4 10,000,000 29,048,520 20,711,045 2,959, % 15.0% % 87,500, ,538 JOR INV TRUST JOIT 2008 Q1 29,513,889 65,288,968 50,125, , % 2.1% (4.0%) 78,802, ,578 65,141

9 RESOURCES INVEST JOMA 2007 Q4 11,000,000 11,009,388 10,979,558 (23,462) (0.002) (0.2%) (0.2%) (9.9%) 27,170,000 Negative 937,697 2,451,746 JORDAN CONSULTING JOMC 2007 Q4 1,400,000 1,739, ,664 76, % 10.9% (1.6%) 2,548, ,020 10,095 JOR PRESS/ PUBLISH JOPP 2008 Q1 4,000,000 18,621,494 11,900, , % 7.1% (1.1%) 14,440, ,428 55,721 JOR TRADE FAC JOTF 2007 Q4 15,000,000 31,976,579 17,829,394 1,710, % 9.9% % 31,950, ,779 7,370 JOR PROJ TOUR DEV JPTD 2007 Q4 17,000,000 57,035,057 31,678,426 3,493, % 11.7% % 137,700, JO REALESTATE JRCD 2007 Q4 30,000,000 44,035,613 38,665,531 7,953, % 22.4% (1.8%) 50,100, , ,777 JORDAN TELECOM JTEL 2008 Q1 250,000, ,082, ,386,766 25,182, % 23.8% (2.8%) 1,627,500, ,432,236 9,645,492 KAFA`A INVESTMENTS KAFA 2007 N/A 4,000,000 N/A N/A N/A N/A N/A N/A % 13,120,000 N/A AL-DAWLIYAH H&M MALL 2008 Q1 43,200,000 66,941,790 56,987, , % 4.7% (1.8%) 70,416, , ,529 MEDITER. TOURISM MDTR 2007 Q4 45,000,000 51,919,647 49,169,210 3,097, % 6.4% (1.3%) 103,500, ,500 7,878 MIDDLE EAST DIV MEDI 2007 Q4 2,000,000 3,402,672 2,183, , % 6.3% (1.5%) 12,800, , ,759 METHAQ MEET 2007 Q4 7,500,000 11,466,232 7,814,196 (333,353) (0.044) (3.9%) (5.1%) % 15,750,000 Negative 3,552,871 7,080,035 TAJ TOURIST PROJ MERM 2008 Q1 40,000,000 49,885,203 45,527,749 (49,914) (0.001) (0.4%) (0.4%) % 74,800,000 Negative 1,106,554 2,047,223 MASAFAT TRANSPORT MSFT 2007 Q4 12,000,000 14,764,665 13,182, , % 6.6% % 17,160, , ,794 TRANSPORT BARTER NAQL 2008 Q1 11,000,000 21,570,857 14,536, , % 19.8% (7.8%) 33,660, ,607,500 8,348,948 NOPAR FOR TRADING NOTI 2007 Q4 500, , ,373 15, % 3.2% % 1,265, ,611 9,140 NATL PORTFOLIO NPSC 2008 Q1 15,000,000 40,695,129 24,056,596 3,845, % 69.5% % 60,600, ,405,668 9,013,506 PETRA EDUCATION PEDC 2008 Q1 16,000,000 25,451,242 18,770,642 1,069, % 22.1% (0.3%) 48,000, ,000 3,000 REAL ESTATE & INV PORT PETT 2007 Q4 15,000,000 11,493,580 11,289, , % 2.3% % 22,200, ,799,918 2,502,078 PHILADELPHIA UNI PIEC 2007 Q4 15,000,000 24,304,883 18,954,227 3,014, % 16.2% % 49,050, , ,970 PALACES PRED 2007 Q4 4,000,000 4,439,613 3,918,238 (80,468) (0.020) (1.8%) (2.1%) % 19,600,000 Negative 49, ,956 J. PRESS FOUNDAT PRES 2008 Q1 7,500,000 39,559,534 35,214,942 1,807, % 21.1% (0.2%) 149,625, , ,154 PROFESSIONAL PROF 2007 N/A 55,000,000 N/A N/A N/A N/A N/A N/A (6.6%) 62,700,000 N/A 711, ,923 EAST REAL ESTATE REAL 2008 Q1 9,996,082 47,893,535 41,024, , % 1.4% (3.4%) 90,764,425 >100 28, ,662 REAL ESTATE DV REDV 2008 Q1 91,500, ,931, ,465,744 (719,204) (0.008) (2.1%) (3.0%) (8.7%) 153,720,000 Negative 1,885,962 3,313,823 REAL ESTATE INV REIN 2008 Q1 7,500,000 8,845,760 7,587,168 (90,507) (0.012) (4.2%) (4.7%) (33.5%) 8,625,000 Negative 314, ,752 AL RAKAEZ RICS 2007 Q4 10,000, ,941,420 (58,580) (0.006) (0.6%) (0.6%) (7.3%) 8,900,000 Negative 446, ,896 ROYAL JORDANIAN RJAL 2008 Q1 84,373, ,135, ,173,000 (2,975,000) (0.035) (3.5%) (11.1%) (1.7%) 295,306,725 Negative 2,474,383 8,835,546 RUM TOURIST TRAN RUMM 2007 N/A 7,000,000 N/A N/A N/A N/A N/A N/A (3.5%) 15,330,000 N/A 111, ,843 AL-SALEM FOR INV SALM 2007 Q4 500, , , , % 30.2% (4.9%) 2,440, SABAEK INVESTMENTS SABK 2008 N/A 8,000,000 N/A N/A N/A N/A N/A N/A % 11,760,000 N/A 780,880 1,063,014 AL-SANABEL INTL SANA 2007 Q4 20,000,000 20,904,739 20,335, , % 2.3% (1.7%) 23,000, , ,165 SOUTH ELECTRONICS SECO 2007 Q4 50,000, ,779,213 50,458, , % 2.8% % 55,000, ,122,061 10,624,996 SHARECO BROKERAGE SHBC 2007 N/A 12,000,000 N/A N/A N/A N/A N/A N/A % 21,600,000 N/A 180, ,702 SHIPPING LINE SHIP 2008 Q1 12,075,000 24,552,974 15,457, , % 13.2% % 28,980, ,592 41,796 SPEC.INV JOR SIJC 2008 Q1 4,500,000 15,001,691 11,365, , % 13.9% (7.7%) 16,830, ,170 15,584

10 SALAM INT TRN TD SITT 2008 Q1 13,200,000 54,066,924 20,567, , % 4.1% % 32,472, , ,238 SPCZ.INVST.COMD SPIC 2008 Q1 23,000,000 72,854,711 35,620,561 1,497, % 18.2% % 253,000, ,815,802 19,599,190 SPCZ.TRDG&INVST SPTI 2007 Q4 3,075,000 5,113,140 3,628, , % 9.2% % 6,150, ,741 1,078,463 TAAMEER JOR HLDGS TAMR 2007 Q4 211,982, ,524, ,619,320 (3,200,557) (0.015) (1.2%) (1.6%) (7.4%) 479,079,485 Negative 3,451,077 8,161,220 AL-TAHDITH THDI 2007 Q4 2,000,000 2,243,681 1,994,419 (10,023) (0.005) (0.4%) (0.5%) % 2,960,000 Negative 50,079 74,385 TUHAMA INVESTMENTS THMA 2007 Q4 9,000,000 9,003,729 8,850, , % 5.5% (5.0%) 17,100, , ,439 TRUST INTL TRANSPORT TRTR 2007 Q4 3,434,750 4,344,233 2,442, , % 5.1% N/A N/A % 2,473, N/A N/A UNI ARAB INVEST UAIC 2007 Q4 147,500, ,852, ,962,178 (100,797) (0.001) (0.0%) (0.0%) % 427,750,000 Negative 6,703,143 19,334,006 UN FOR FINCL INV UCFI 2008 Q1 5,000,000 12,426,324 9,767,600 1,042, % 80.1% % 35,300, ,441 5,858,646 UNION INV UINV 2008 Q1 50,000,000 88,656,827 67,234, , % 1.3% (6.4%) 80,000, ,357,249 5,541,063 UNION LAND DEV ULDC 2008 Q1 45,000,000 74,818,576 56,572, , % 4.1% (3.8%) 91,350, ,705,239 9,624,308 ARAB INV. UNION UNAI 2007 Q4 3,000,000 2,850,801 2,840,721 (79,721) (0.027) (2.8%) (2.8%) (4.0%) 5,010,000 Negative 63, ,732 UNIFIED CO UNIF 2008 Q1 6,511,057 16,938,572 7,667,911 (170,883) (0.026) (3.9%) (8.8%) (3.0%) 8,399,264 Negative 237, ,350 AL SHAMEKHA REAL VFED 2008 Q1 1,200,000 2,615,993 2,273,613 (80,181) (0.067) (13.0%) (15.5%) (5.5%) 3,312,000 Negative WINTER VALLEY TOUR WIVA 2007 H1 5,000,000 1,632,148 1,469,670 (26,975) (0.005) (3.4%) (3.6%) (15.3%) 8,000,000 Negative 71, ,905 ZAHRAT ALURDON ZAHI 2008 Q1 500, , ,772 (16,086) (0.032) (12.6%) (12.8%) (1.4%) 1,400,000 Negative 1,453 3,990 ZARA INVESTMENTS ZARA 2007 Q4 125,000, ,360, ,666,590 6,079, % 5.3% (2.4%) 256,250, ,700 7,499 ZARQA EDUC ZEIC 2008 Q1 8,475,000 18,643,471 12,160, , % 21.5% % 25,425, , ,045 Services Sector Total 2,638,006,645 6,352,585,979 3,289,069, % 11.6% 7,759,710, ,716, ,165,663 ARAB ALUM IND AALU 2008 Q1 6,750,000 19,938,330 12,514, , % 3.3% (4.1%) 12,690, ,521 53,752 PREMIER ACDT 2008 Q1 1,330,008 8,949,171 5,253, , % 13.6% (7.2%) 8,512, ,510 16,548 ARAB ELECT IND AEIN 2008 Q1 6,000,000 10,440,739 7,226,261 51, % 2.8% % 9,660, ,223,798 3,205,291 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 INTL FOOD AIFF 2008 Q1 10,500,000 28,571,470 27,878,857 46, % 0.6% % 70,035,000 >100 N/A N/A AL-JANUOB FLT MF AJFM 2007 Q4 1,514,627 3,266,906 1,831, , % 13.1% (5.0%) 4,892, AMANA AGRICULT. AMAN 2007 Q4 7,000,000 6,022,928 4,032,240 43, % 1.1% % 3,780, , ,116 ARAB INVEST PROJ APCT 2007 Q4 20,000,000 5,851,672 4,491, , % 2.6% (1.7%) 22,800,000 > , ,126 ARAB PHARMA CHEM APHC 2008 Q1 5,000,000 8,082,358 7,438,516 (8,452) (0.002) (0.4%) (0.4%) (9.8%) 8,700,000 Negative 1,143 1,999 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 Q1 83,318, ,540, ,281,000 29,268, % 29.0% (2.3%) 7,165,348, ,366 4,202,510 AL-QUDS READY MIX AQRM 2007 Q4 14,000,000 18,804,891 15,357,514 (562,319) (0.040) (3.0%) (3.6%) % 19,040,000 Negative 2,381,312 3,040,091 ARAB ENGINEERING IND. AREN 2007 Q4 7,117,236 12,741,860 1,066,990 (1,276,500) (0.179) (10.0%) (72.9%) N/A N/A % 12,811,025 Negative N/A N/A ARAB STEEL PIPES ASPMM 2008 Q1 9,000,000 20,769,979 15,071,754 1,236, % 32.7% % 28,890, ,765 1,515,338 COMPLAND DEV&INV ATTA 2007 Q4 12,000,000 17,264,413 15,091,823 1,200, % 11.2% % 16,920, ,151,104 1,579,975 BATON FOR BLOCKS BLOK 2007 Q4 12,000,000 14,373,566 12,210, , % 1.7% % 14,880, , ,655

11 DAR ALDAWA DV/IV DADI 2008 Q1 20,000,000 68,220,369 55,229,857 1,538, % 11.5% % 94,600, , ,357 EKBAL PRINT CO. EKPC 2008 Q1 5,000,000 8,320,322 6,044,492 (56,451) (0.011) (2.7%) (3.7%) (1.6%) 6,050,000 Negative 43,648 53,513 EL-ZAY READY WR ELZA 2008 Q1 11,500,000 19,331,950 10,031,892 (263,290) (0.023) (5.4%) (10.3%) % 8,050,000 Negative 223, ,494 FIRST NAT VEG OIL FNVO 2008 Q1 4,500,000 6,926,290 3,019, , % 14.1% (5.0%) 5,985, ,125,962 1,550,984 GENERAL INVESTMENT GENI 2007 Q4 10,000,000 29,944,692 27,133,709 2,007, % 7.9% % 40,000, ,007 7,648 GENERAL MINING GENM 2007 Q4 1,500,000 2,883,362 2,449, , % 12.9% (3.8%) 9,000, LIGHT CONCRETE GLCI 2007 Q4 8,500,000 10,057,037 8,806,757 (67,466) (0.008) (0.5%) (0.8%) (4.1%) 11,985,000 Negative 94, ,791 HAYAT PHAR. IND. HPIC 2007 Q4 9,500,000 13,001,882 11,134, , % 6.4% % 12,825, ,400 1,856 INDSTRAL/COMM/AGR ICAG 2007 Q4 14,396,942 10,751,992 7,172,560 1,049, % 15.8% % 7,918, N/A N/A INDL CERAMIC ICER 2007 Q3 6,000,000 8,230,658 6,534,996 11, % 0.3% % 6,420,000 > , ,915 AD-DULAYL INDUS. PARK IDMC 2008 Q1 21,000,000 62,822,773 57,385, , % 1.2% % 57,330, ,544,868 44,347,608 RUM ALADDIN IND. IENG 2008 Q1 7,175,097 25,594,644 8,963, , % 17.8% % 27,839, , ,271 IND./MATCH JEMCO INMJ 2007 Q4 1,800,000 1,208,746 1,113,638 (16,186) (0.009) (1.3%) (1.4%) % 4,680,000 Negative 6,261 15,458 COMPREHENSIVE INOH 2007 Q4 4,250,000 12,868,386 6,005, , % 12.6% (7.0%) 11,347, ,730 1,524,930 INTERMED PETRO CHEM IPET 2007 Q4 5,000,000 8,491,471 6,169,469 (377,815) (0.076) (4.5%) (5.9%) N/A N/A % 1,000,000 Negative N/A N/A INT TOBACCO ITCC 2008 Q1 20,000,000 72,003,230 31,053,785 1,830, % 20.8% % 57,200, , ,043 JOR NEW CABLE CO JNCC 2008 Q1 27,000, ,697,645 33,194,325 2,105, % 25.7% (6.3%) 91,800, , ,602 JOR CERAMIC FAC JOCF 2008 Q1 7,500,000 12,156,288 9,985, , % 12.6% % 4,425, ,338 41,921 JOR CEMENT FACT JOCM 2008 Q1 60,444, ,018, ,254,755 10,939, % 24.5% % 707,200, ,213 9,267,152 JORDAN DAIRY JODA 2008 Q1 4,000,000 9,196,745 7,130,022 1, % 0.1% % 8,000,000 > JOR INDSTR CHEM JOIC 2008 Q1 1,799,624 5,343,944 3,046, , % 13.0% (3.6%) 5,722, ,697 JORDAN IND.RES. JOIR 2008 Q1 13,250,000 21,300,636 15,731,781 29, % 0.7% (2.4%) 10,865, , ,745 JOR PAPER & CARD FACT JOPC 2008 Q1 7,500,000 20,225,234 10,553,443 23, % 0.9% (1.3%) 17,700,000 >100 2,041 4,738 JOR PHOSPHATE MN JOPH 2008 Q1 75,000, ,074, ,264,741 8,710, % 17.6% % 5,017,500,000 >100 2,031, ,757,216 JOR PIPES MANFACT JOPI 2008 Q1 3,575,000 9,911,620 7,481, , % 10.8% % 9,509, , ,719 JOR PETROLM REF JOPT 2008 Q1 32,000, ,617,362 64,792,001 1,244, % 7.8% % 734,720,000 >100 7,510, ,101,600 JOR SELPHO CHEM JOSL 2007 Q4 4,000,000 9,015,350 4,484,698 (77,942) (0.019) (1.0%) (2.1%) % 27,040,000 Negative 68, ,093 JOR STEEL JOST 2008 Q1 23,075,000 97,494,959 52,856,953 5,714, % 43.2% (28.9%) 160,832, ,746,754 25,539,402 JORDAN TANNING JOTN 2007 Q4 1,500,000 2,429,888 1,957,282 (442,601) (0.295) (16.7%) (20.4%) (7.5%) 3,150,000 Negative 4,719 9,435 JOR ROCK WOOLID JOWL 2007 Q4 3,000,000 2,554,693 1,966,212 (733,605) (0.245) (27.1%) (33.0%) % 3,510,000 Negative 224, ,913 JOR WORSTED MILL JOWM 2008 Q1 12,500, ,190,491 96,365,195 1,945, % 7.9% % 85,625, , ,920 JORDAN PHARMA JPHM 2007 Q4 20,000,000 54,531,097 34,266,490 1,648, % 4.9% (14.5%) 40,200, , ,205 JORDAN POUL PROC JPPC 2007 Q4 14,888,874 20,580,042 4,837,391 (2,998,106) (0.201) (15.8%) (50.6%) % 7,891,103 Negative N/A N/A JOR VEG OIL IND JVOI 2007 Q4 3,000,000 15,973,690 5,196, , % 6.8% % 9,150, , ,331 ENJAZ LIPO 2007 Q4 3,335,942 3,426,083 3,286,540 (68,113) (0.020) (3.2%) (3.6%) % 9,140,481 Negative 115, ,864 ARAB PESTICIDES MBED 2007 Q4 9,000,000 17,288,036 11,830,924 1,212, % 10.5% % 13,680, ,267,606 1,864,390

12 MID EASTCOMPLEX MECE 2008 Q1 100,000, ,107, ,049,385 2,185, % 5.4% % 333,000, ,404,531 23,108,188 MID PHARMA IND MPHA 2008 Q1 9,869,583 22,519,111 12,458,232 (404,630) (0.041) (7.1%) (12.8%) % 33,556,582 Negative NATIONAL STEEL NAST 2008 Q1 4,000,000 9,734,140 5,664, , % 30.7% (12.4%) 10,760, ,073,239 5,824,164 NAT L ALUM IND NATA 2008 Q1 9,000,000 19,867,487 12,978, , % 13.3% % 14,400, , ,980 NAT CHLORINE NATC 2008 Q1 9,000,000 12,221,481 11,105, , % 8.8% (1.5%) 11,700, ,270 97,555 NAT L POULTRY NATP 2007 Q4 30,000,000 73,013,124 53,050,192 6,374, % 12.8% % 63,000, ,176 23,472 NUTRI DAR NDAR 2008 Q1 10,000,000 18,038,981 10,705, , % 6.6% (1.2%) 16,700, ,276 3,873 PEARL SAN P CONV PERL 2008 Q1 2,500,000 3,996,665 3,346,883 41, % 5.0% % 6,300, ,680 8,553 READY MIX CONCRT RMCC 2008 Q1 25,000,000 42,494,136 31,681, , % 9.6% % 66,750, ,088 55,788 SILICA INDUSTR. SLCA 2007 Q4 2,366,815 2,489,416 2,388, , % 5.4% % 10,650, ,810 TRAVCO TRAV 2008 Q1 4,600,000 5,792,992 5,236, , % 9.6% (2.4%) 5,520, ,310 6,469 UNION ADV INDST UADI 2008 Q1 3,000,000 12,274,485 6,741, , % 19.0% % 10,470, N/A N/A UNITED CABLE IND UCIC 2007 N/A 40,000,000 N/A N/A N/A N/A N/A N/A (0.8%) 52,800,000 N/A 340, ,290 AL-QARIA UCVO 2008 Q1 4,500,000 14,021,148 4,700, , % 20.6% % 14,580, ,180 1,055,244 UNIV MOD INDCO UMIC 2008 Q1 6,000,000 11,544,863 8,891, , % 18.1% (0.6%) 9,540, , ,048 UNIV CHEM IND UNIC 2008 Q1 1,500,000 3,152,887 2,891,691 (26,659) (0.018) (3.3%) (3.7%) (3.1%) 3,300,000 Negative 6,079 14,126 UNION TOBACCO UTOB 2008 Q1 15,000,000 63,676,212 34,796, , % 2.6% (2.0%) 50,700, , ,228 NAT/CABL/WIRE/MF WIRE 2008 Q1 12,500,000 18,839,081 18,839, , % 7.6% % 23,375, , ,735 JOR WOOD INDUSTR WOOD 2007 Q4 4,500,000 10,922,453 6,982,192 1,888, % 29.1% % 25,605, N/A N/A WOOLEN INDUSTRIES WOOL 2007 Q4 1,200,000 1,301, ,498 (401,423) (0.335) (27.3%) (40.1%) % 1,500,000 Negative 1,320 1,650 Industrial Sector Total 994,557,208 3,892,058,974 2,007,436, % 9.6% 15,602,937, ,316, ,706,584 Market Total 5,723,176,379 51,272,674,556 11,748,565, ,559, % 13.6% 42,256,819, ,490, ,815,980 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

Stock Market Highlights MARKET WATCH

Stock Market Highlights MARKET WATCH MARKET WATCH Market Performance With the majority of companies having released their annual results, and positive sentiments in the market regarding 2008 first quarter results, the Amman Stock Exchange

More information

Stock Market Highlights

Stock Market Highlights MARKET WATCH Market Performance With only four days of trading this week, the Amman Stock Exchange General Index witnessed an upward trend rising once again to reach 9,300.8 points by the end of the week.

More information

Stock Market Highlights. MARKET WATCH Market Performance

Stock Market Highlights. MARKET WATCH Market Performance MARKET WATCH Market Performance The Amman Stock Exchange General Index started off the week positively, rising by 1.14% compared to last week as the market entered the dividend distribution phase. However,

More information

Stock Market Highlights

Stock Market Highlights MARKET WATCH Market Performance The US Financial Sector melt-down and global capital market haemorrhaging brought about one of the worst performances by the General Index in the history of the Amman Stock

More information

Stock Market Highlights. MARKET WATCH Market Performance

Stock Market Highlights. MARKET WATCH Market Performance MARKET WATCH Market Performance This week marked the end of the persistent climb in the General Index of recent weeks, with the Index closing in the red every day this week, aside from Tuesday. With the

More information

Stock Market Highlights

Stock Market Highlights MARKET WATCH Market Performance The Amman Stock Exchange managed to recover from the tumbling act of the last couple of weeks to reposition and sustain itself back over the 3,000 point level. On Sunday,

More information

Stock Market Highlights MARKET WATCH. Market Performance

Stock Market Highlights MARKET WATCH. Market Performance MARKET WATCH Market Performance The upturn in international and regional markets at the start of the week restored some optimism to the market, exhibited by an aggregate rise in the General Index on Monday

More information

Stock Market Highlights

Stock Market Highlights 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,

More information

Stock Market Highlights

Stock Market Highlights MARKET WATCH Market Performance The Amman Stock Exchange continued its escalation to the top this week with the General Index reaching an unprecedented level in its history of trading, almost touching

More information

Stock Market Highlights. MARKET WATCH Market Performance

Stock Market Highlights. MARKET WATCH Market Performance MARKET WATCH Market Performance week s slump in the market was followed by a persistent rise in the Index this week, which climbed by 3.25% to end the week at 4,711.36 points, and rose back above the 10,000

More information

Stock Market Highlights MARKET WATCH. Market Performance

Stock Market Highlights MARKET WATCH. Market Performance MARKET WATCH Market Performance This was a short week for the Amman Stock Exchange, with trading suspended on Tuesday. At the start of the week, the Exchange saw its General Index rise slightly, before

More information

Stock Market Highlights. MARKET WATCH Market Performance

Stock Market Highlights. MARKET WATCH Market Performance MARKET WATCH Market Performance In spite of this week marking the end of the first half of 2009, the ASE General Index managed to register a 1.3% week-on-week increase at a time when selling pressure was

More information

Stock Market Highlights

Stock Market Highlights MARKET WATCH Market Performance The Amman Stock Exchange continued to descend this week with its General Index falling on the first two days of trading by an aggregate of 1.6%. On Tuesday, the market witnessed

More information

Amman Stock Exchange 2011 Performance and Q Financials Review

Amman Stock Exchange 2011 Performance and Q Financials Review Amman Stock Exchange 11 and Financials Review January 2nd, 12 Feras Musmar Senior Research Analyst Awraq Investments Firas.Musmar@awraq.com Hazem Mraish Research Analyst Awraq Investments Hmraish@awraq.com

More information

Stock Market Highlights MARKET WATCH. Market Performance

Stock Market Highlights MARKET WATCH. Market Performance MARKET WATCH Market Performance The Amman Stock Exchange continued to descend this week, dropping by a substantial 4.0% compared to last week s closing, registering the highest week-to-date drop since

More information

Stock Market Highlights MARKET WATCH. Market Performance

Stock Market Highlights MARKET WATCH. Market Performance MARKET WATCH Market Performance Following the market s rally last week, the Amman Stock Exchange General Index continued to rise on the first two days of trading, re-penetrating the 2,800-point resistance

More information

Stock Market Highlights MARKET WATCH. Market Performance

Stock Market Highlights MARKET WATCH. Market Performance MARKET WATCH Market Performance Speculative trading dominated the market this week with investors concentrating their activity on small-cap stocks. The General Index managed to rise by 0.3% on Sunday,

More information

MARKET WATCH Market Performance. Stock Market Highlights

MARKET WATCH Market Performance. Stock Market Highlights MARKET WATCH Market Performance A brief recovery was witnessed at the Amman Stock Exchange this week, with the General Index ending the tumbling act it adopted the last couple of weeks, rising by an aggregate

More information

results for the first quarter 2017

results for the first quarter 2017 Summary of financial performance of listed companies that announced their financial Introduction: results for the first quarter 2017 With the end of the period scheduled for companies to announce their

More information

Amman Stock Exchange Monthly Performance Round-up July

Amman Stock Exchange Monthly Performance Round-up July Amman Stock Exchange Monthly Performance Round-up July 215 ASE Monthly Performance Round up July 215 General Free Float Index Performance The Amman Stock Exchange (ASE) General Index stalled at the levels

More information

Major financial data Book value Net income Cash dividends

Major financial data Book value Net income Cash dividends Amman Stock Exchange Monthly statistical bulletins From 2017-11-01 To 2017-11-29 MAJOR FINANCIAL DATA & INDICATORS FOR COMPANIES LIS TED AT AS E Code Company's name Subscribed shares Market cap. Major

More information

Amman Stock Exchange (ASE) Daily Market Report March 27th, 2013

Amman Stock Exchange (ASE) Daily Market Report March 27th, 2013 Amman Stock Exchange (ASE) Daily Market Report March 27th, 2013 Market Summary: Trading value for Tuesday 26/03/2013 reached JOD (18.5) million. (17.3) million shares were traded through (7,349). The shares

More information

Amman Stock Exchange (ASE) Daily Market Report April 28th, 2013

Amman Stock Exchange (ASE) Daily Market Report April 28th, 2013 Amman Stock Exchange (ASE) Daily Market Report April 28th, 2013 Market Summary: Trading value for Thursday 25/04/2013 reached JOD (11.6) million. (12.5) million shares were traded through (4,893). The

More information

Amman Stock Exchange Monthly Performance Round-up October

Amman Stock Exchange Monthly Performance Round-up October Amman Stock Exchange Monthly Performance Round-up October Major Company results announced during October, - The Arab Bank (ARBK) ups Q3 net profit to JOD 292.38 million ARBK announced in their quarterly

More information

Amman Stock Exchange (ASE) Daily Market Report June 23 rd, 2013

Amman Stock Exchange (ASE) Daily Market Report June 23 rd, 2013 Amman Stock Exchange (ASE) Daily Market Report June 23 rd, 2013 Market Summary: Trading value for Thursday 20/06/2013 reached JOD (12.6) million. (12.4) million shares were traded through (3,676). The

More information

Amman Stock Exchange Monthly Performance Round-up January 2013

Amman Stock Exchange Monthly Performance Round-up January 2013 Amman Stock Exchange Monthly Performance Round-up January 213 General Free Float Index Performance The Amman Stock Exchange (ASE) General Index was increasing rapidly since the beginning of the year peaking

More information

Amman Stock Exchange Monthly Performance Round-up July

Amman Stock Exchange Monthly Performance Round-up July Amman Stock Exchange Monthly Performance Round-up July ASE Monthly Performance Round up July General Free Float Index Performance 1: General Index during July 2,14 2,135 2,13 2,125 2,12 2,115 2,11 2,15

More information

Amman Stock Exchange (ASE) Daily Market Report February 3 rd, 2014

Amman Stock Exchange (ASE) Daily Market Report February 3 rd, 2014 Amman Stock Exchange (ASE) Daily Market Report February 3 rd, 2014 Market Summary: Trading value for Sunday 02/02/2014 reached JOD (25.2) million. (21.4) million shares were traded through (6,299). The

More information

Amman Stock Exchange (ASE) Daily Market Report December 29 th, 2014

Amman Stock Exchange (ASE) Daily Market Report December 29 th, 2014 Amman Stock Exchange (ASE) Daily Market Report December 29 th, 2014 Market Summary: Trading value for Sunday 28/12/2014 reached JOD (15.4) million. (16.2) million shares were traded through (4,709). The

More information

2008 Annual Stock Market Performance Overview

2008 Annual Stock Market Performance Overview 2008 Annual Stock Market Performance Overview P.O. Box 930059, Amman 11193, Jordan Tel. + 962 (0) 6 5629300, Fax. + 962 (0) 6 5682941 www.abci.com.jo (A wholly owned subsidiary of ABC (Jordan)) Research

More information

AMMAN STOCK EXCHANGE WEEKLY MARKET WRAP-UP

AMMAN STOCK EXCHANGE WEEKLY MARKET WRAP-UP 2017 AMMAN STOCK EXCHANGE WEEKLY MARKET WRAP-UP Research Contacts: Mohammad Al-Zou bi, CFA Financial Analyst Tel: +962 6 5200330 Ext. 2364 Mohammad.Alzoubi@Capitalinv.com May 1 st, 2017 Index Performance

More information

STOCKS WATCH LIST September 30th 2009

STOCKS WATCH LIST September 30th 2009 STOCKS WATCH LIST September 30th 2009 P.O. Box 930059, Amman 11193, Jordan Tel. + 962 (0) 6 5629300, Fax. + 962 (0) 6 5682941 www.abci.com.jo (A wholly owned subsidiary of ABC (Jordan)) OVERVIEW OF OUR

More information

STOCKS WATCH LIST December 31st 2009

STOCKS WATCH LIST December 31st 2009 STOCKS WATCH LIST December 31st 2009 P.O. Box 930059, Amman 11193, Jordan Tel. + 962 (0) 6 5629300, Fax. + 962 (0) 6 5682941 www.abci.com.jo (A wholly owned subsidiary of ABC (Jordan)) OVERVIEW OF OUR

More information

Ahli Capital Markets & Investment Group Weekly ASE Market Performance Report

Ahli Capital Markets & Investment Group Weekly ASE Market Performance Report Ahli Capital Markets & Investment Group Weekly ASE Market Performance Report (29th January 2nd February)2012 In This Week s Issue: The industrial sector leads the first series of inclines during 2012 1

More information

Ahli Capital Markets & Investment Group Weekly ASE Market Performance Report

Ahli Capital Markets & Investment Group Weekly ASE Market Performance Report Ahli Capital Markets & Investment Group Weekly ASE Market Performance Report (2nd 5th)January 2012 In This Week s Issue: A weak start marks the first week of 2012 1 Weekly Market Report (2nd 5th)January

More information

AMMAN STOCK EXCHANGE WEEKLY MARKET WRAP-UP

AMMAN STOCK EXCHANGE WEEKLY MARKET WRAP-UP 2017 AMMAN STOCK EXCHANGE WEEKLY MARKET WRAP-UP Research Contacts: Mohammad Al-Zou bi, CFA Financial Analyst Tel: +962 6 5200330 Ext. 2364 Mohammad.Alzoubi@Capitalinv.com March 09 th, 2017 900 800 700

More information

ASE Main Dividend Distributing Companies

ASE Main Dividend Distributing Companies ASE Main Dividend Distributing Companies Amman, January 27, 2013 Report prepared by: Feras H. Musmar Senior Research Analyst Awraq Investments Firas.Musmar@awraq.com Sa ad M. Hudairi Research Analyst Awraq

More information

AMMAN STOCK EXCHANGE WEEKLY MARKET WRAP-UP

AMMAN STOCK EXCHANGE WEEKLY MARKET WRAP-UP 2017 AMMAN STOCK EXCHANGE WEEKLY MARKET WRAP-UP Research Contacts: Mohammad Al-Zou bi, CFA Financial Analyst Tel: +962 6 5200330 Ext. 2364 Mohammad.Alzoubi@Capitalinv.com March 26 th, 2017 Index Performance

More information

Jordanian Insurance Sector Report

Jordanian Insurance Sector Report Jordanian Insurance Sector Report Insurance Sectorial Report مجموعة الاهلي للا سواق المالية والا ستثمارات Research & Studies Department E-mail: Researchdept@ahlibank.com.jo Corporate Finance Department

More information

Ahli Capital Markets & Investment Group Weekly ASE Market Performance Report

Ahli Capital Markets & Investment Group Weekly ASE Market Performance Report Ahli Capital Markets & Investment Group Weekly ASE Market Performance Report (8th 12th) July 2012 In This Week s Issue: ASE s General Index Slightly Declines 1 Weekly Market Report (8th 12th) July 2012.

More information

Ahli Capital Markets & Investment Group Weekly ASE Market Performance Report

Ahli Capital Markets & Investment Group Weekly ASE Market Performance Report Ahli Capital Markets & Investment Group Weekly ASE Market Performance Report (15th 19thth)January 2012 In This Week s Issue: Arab Bank s decline overshadows ASE s general index 1 Weekly Market Report (15th

More information

Jordan Kuwait Bank (JOKB) Equity Research Report Q Results Update

Jordan Kuwait Bank (JOKB) Equity Research Report Q Results Update Jordan Kuwait Bank (JOKB) Equity Research Report Q1 2009 Results Update P.O. Box 930059, Amman 11193, Jordan Tel. + 962 (0) 6 5629300, Fax. + 962 (0) 6 5682941 www.abci.com.jo (A wholly owned subsidiary

More information

JORDAN ECONOMIC MONITOR

JORDAN ECONOMIC MONITOR JORDAN ECONOMIC MONITOR DISCLAIMER: The information and opinions contained in this document have been compiled in good faith from sources believed to be reliable. Capital Investments makes no warranty

More information

The Jordanian Insurance Sector

The Jordanian Insurance Sector The Jordanian Insurance Sector October 17 th 2016 Contents 1.0 Executive Summary... 4 2.0 Global Insurance industry... 6 2.1 Insurance Premiums... 6 2.2 Penetration and Density... 6 2.3 Outlook for 2016...

More information

Weekly Economic Monitor. August 24, 2014

Weekly Economic Monitor. August 24, 2014 Weekly Economic Monitor August 24, 2014 Brief Overview MENA Region Egypt: Egyptian pound stable in market GCC News Highlights GCC interbank rates Comparative MENA Markets Jordan Economy News and analysis

More information

Weekly Economic Monitor. October 26, 2014

Weekly Economic Monitor. October 26, 2014 Weekly Economic Monitor October 26, 2014 Brief Overview MENA Region Egypt: Moody s raises Egypt s outlook to stable on political stability GCC News Highlights GCC interbank rates Comparative MENA Markets

More information

Content. Introduction. Part I: The Lebanese Macroeconomy. 1. Gross Domestic Product. 2. Monetary Situation. 3. Banking Sector. 4. Balance of Payments

Content. Introduction. Part I: The Lebanese Macroeconomy. 1. Gross Domestic Product. 2. Monetary Situation. 3. Banking Sector. 4. Balance of Payments Content Introduction Part I: The Lebanese Macroeconomy 1. Gross Domestic Product 2. Monetary Situation 3. Banking Sector 4. Balance of Payments 5. Public Finance 6. Financial Markets 7. Foreign Trade 8.

More information

JORDAN LAFARGE CEMENT FACTORIES EQUITY VALUATION REPORT

JORDAN LAFARGE CEMENT FACTORIES EQUITY VALUATION REPORT EQUITY VALUATION REPORT 6th, 2009 JORDAN LAFARGE CEMENT FACTORIES EQUITY VALUATION Trading Code JOCM Stock Exchange ASE *Current Price JD 7.14 Fair Price Target JD 8.81 Upside Potential 23.39% Recommendation

More information

6 MONTHS INDEX PERFORMANCE

6 MONTHS INDEX PERFORMANCE 3/19/2017 Amman Stock Exchange 19-Mar-17 Close % Change Year-to-Date (YTD) Daily Volume (shares) AMMAN SE GENERAL INDEX 2,224.59-0.57% 2.50% 4,325,392 2,240 2,220 2,200 2,180 2,160 2,140 2,120 2,100 2,080

More information

Emirates NBD Research UAE Sector Chart Pack

Emirates NBD Research UAE Sector Chart Pack Emirates NBD Research UAE Sector Chart Pack Thanos Tsetsonis athanasiost@emiratesnbd.com May 218 1 mn b/d USD / b UAE: Downside risks to 218 growth forecast due to lower oil production estimates Highlights

More information

Awraq Investments Tel: Fax: Toll Free: P.O. Box Amman Jordan

Awraq Investments   Tel: Fax: Toll Free: P.O. Box Amman Jordan Q3 Update Recommendation: Maintain Hold December 30, Figure 1: Shareholder Structure Dar Al Dawa Development and Investment Company Third Quarter and Nine Months Results 6% 5% 3% 3% 80% Ticker: DADI 3%

More information

Investment Development Authority of Lebanon Arab Spanish Investment Forum 2011

Investment Development Authority of Lebanon Arab Spanish Investment Forum 2011 Investment Development Authority of Lebanon Arab Spanish Investment Forum 2011 Wednesday October 26 th Headlines 1. ABOUT LEBANON 2. CURRENT TRENDS IN SPANISH LEBANESE TRADE 3. SPANISH COMPANIES AND LEBANON

More information

Press Release Recent Economic Developments and Highlights of Fiscal Years 1436/1437 (2015) & 1437/1438 (2016)

Press Release Recent Economic Developments and Highlights of Fiscal Years 1436/1437 (2015) & 1437/1438 (2016) Kingdom of Saudi Arabia Ministry of Finance Press Release Recent Economic Developments and Highlights of Fiscal Years 1436/1437 (2015) & 1437/1438 (2016) 28 December 2015 The Ministry of Finance is pleased

More information

-Fitch Ratings TASI SLIPS. Week Ending July 30, 2015

-Fitch Ratings TASI SLIPS. Week Ending July 30, 2015 Week Ending July 3, 215 We think that governments in the region understand the benefits of subsidy reform, including both fiscal cost savings, and more efficient resource allocation and energy consumption.

More information

International Monetary Fund Washington, D.C.

International Monetary Fund Washington, D.C. 2008 International Monetary Fund June 2008 IMF Country Report No. 08/192 Kuwait: Statistical Appendix This Statistical Appendix for Kuwait was prepared by a staff team of the International Monetary Fund

More information

41.8 hours per week, respectively. Workers in the. clothing and chemicals and chemical products industries on average worked less than other

41.8 hours per week, respectively. Workers in the. clothing and chemicals and chemical products industries on average worked less than other CZECH REPUBLIC 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 5000 4000 3000 2000 1000 0 Fig. 1: Employment by Major Economic Activity ('000s), 2000-2008 2000 2002 2004 2006 2008 Source:

More information

Amman ranked the most expensive city in MEA 2015

Amman ranked the most expensive city in MEA 2015 Amman ranked the most expensive city in MEA 2015 This study is the property of the Jordan Strategy Forum (JSF). For further information please contact the research department at: info@jsf.org or by phone

More information

Doing Business with Egypt Thessaloniki, 16 October 2014

Doing Business with Egypt Thessaloniki, 16 October 2014 Egypt, Investment for Development Doing Business with Egypt Thessaloniki, 16 October 2014 1 Indicators Monthly Inflation Rate 10.07 % at the end of August 2014 Net International Reserves 16.87 (USD billion)

More information

Middle Eastern Stocks Downgraded by Smart Momentum Model Well Ahead of Market Correction

Middle Eastern Stocks Downgraded by Smart Momentum Model Well Ahead of Market Correction Middle Eastern Stocks Downgraded by Smart Momentum Model Well Ahead of Market Correction 4 September, 2015 INTRODUCTION TO TRENDRATING Forecasting trends is nearly impossible. Following trends is possible

More information

Bank Efficiency and Economic Freedom: Case of Jordanian Banking System

Bank Efficiency and Economic Freedom: Case of Jordanian Banking System European Journal of Scientific Research ISSN 1450-216X / 1450-202X Vol. 146 No 4 August, 2017, pp.444-454 http://www. europeanjournalofscientificresearch.com Bank Efficiency and Economic Freedom: Case

More information

General information about Jordan

General information about Jordan Bank system in Jordan Central bank of Jordan General information about Jordan -Area: about 89.3 thousand sq. km., of which 7.8% is agricultural land -Size of the Economy: GDP for 2013 is around JD 10.8

More information

HONDURAS. 1. General trends

HONDURAS. 1. General trends Economic Survey of Latin America and the Caribbean 2017 1 HONDURAS 1. General trends The economy grew by 3.6% in 2016, maintaining the pace recorded in 2015 thanks to private and public consumption (up

More information

Time to Invest in Egypt Egypt for a Brighter Future

Time to Invest in Egypt Egypt for a Brighter Future Time to Invest in Egypt Egypt for a Brighter Future 13th November, Torino I Egypt: An attractive country for investors Economic Indicators Reforms of Legal Framework Investment sectors with an edge II

More information

Overview on the Iraqi economy & Invest in Iraq

Overview on the Iraqi economy & Invest in Iraq Overview on the Iraqi economy & Invest in Iraq Lukman Faily Ambassador of Iraq to Japan 1 Contents, Key Geographic and Demographic Information Economy s figures Bilateral and Multi-Party Agreements Free

More information

Daily Market Report Saudi Arabia Stock Exchange January

Daily Market Report Saudi Arabia Stock Exchange January ` 11: 11:15 1-Jan 11:3 11:5 12: 12:15 12:3 12:5 13: 13:15 13:3 13:5 1: 1:15 1 1:3 1:5 15: 15:15 15:3 January 1 21 TASI Index 8,711.9-3% Turnover (SAR mn) 6,518.6 % Research Department research@alrajhi-capital.com

More information

Jordan Ahli Bank (AHLI)

Jordan Ahli Bank (AHLI) 01/ 02/ 03/ 04/ 05/ 06/ 07/ 08/ 09/ 10/ 11/ 12/ 01/2017 02/2017 03/2017 04/2017 05/2017 06/2017 07/2017 08/2017 09/2017 10/2017 Share Price (JOD) Index (Points) JORDAN AHLI BANK (AHLI) Jordan Ahli Bank

More information

LEBANON WEEKLY REPORT

LEBANON WEEKLY REPORT Beirut recorded the 2 nd lowest occupancy rate among Arab markets. The average room rate in Beirut hotels dropped to USD 167 in January 2014, compared to USD 173 in January 2013. Occupancy rate at Beirut

More information

May 30, 2014 ECONOMY. Lebanon ranks 85th among 160 countries on Logistics Performance Index

May 30, 2014 ECONOMY. Lebanon ranks 85th among 160 countries on Logistics Performance Index ECONOMY The LPI is a benchmarking tool developed by the World Bank to measure the efficiency of trade supply chains within a country. Lebanon ranks 85th among 160 countries on Logistics Performance Index

More information

18 th 22 nd May 2008 Weekly Report Local KSE Performance

18 th 22 nd May 2008 Weekly Report Local KSE Performance Market Performance Kuwait Stock Market Performance Kuwait Stock Exchange witnessed a sharp decline in trading activity in accordance to both shares value traded after National Assembly elections day. The

More information

Daily Market Report Saudi Arabia Stock Exchange 25 June 2015

Daily Market Report Saudi Arabia Stock Exchange 25 June 2015 ` Thousands 11: 11:15 11:3 11:5 12: 12:15 12:3 12:5 13: 13:15 13:3 13:5 1: 1:15 1:3 1:5 15: 15:15 25 June 215 TASI Index 9,313.1.36% Turnover (SAR mn),283.5-11% TASI Intra Day Movement Global commentary

More information

The Implementing Activity-based Costing Technique and Its Impact on Profitability: A Study of Listed Manufacturing Companies in Jordan

The Implementing Activity-based Costing Technique and Its Impact on Profitability: A Study of Listed Manufacturing Companies in Jordan International Journal of Economics and Financial Issues ISSN: 2146-4138 available at http: www.econjournals.com International Journal of Economics and Financial Issues, 2017, 7(2), 271-276. The Implementing

More information

Consolidated Financial Statements. as of December 31, 2007 Together with Auditors Report

Consolidated Financial Statements. as of December 31, 2007 Together with Auditors Report Consolidated Financial Statements as of December 31, 2007 Together with Auditors Report TO THE SHAREHOLDERS OF ZARA INVESTMENT COMPANY (HOLDING COMPANY) AMMAN - JORDAN We have audited the accompanying

More information

Doing Business in the Saudi Arabian Market

Doing Business in the Saudi Arabian Market Doing Business in the Saudi Arabian Market Office for Economic and Commercial Affairs P.O. BOX 5108, Jeddah 21 422 Tel: +966 12 66 90 824 E-Mail: ecocom-jeddah@mfa.gr Saudi-Arabian Economy Exports Oil

More information

Lafarge Cement Jordan Equity Report

Lafarge Cement Jordan Equity Report Equity Report December 13, 1 Serene Zawaydeh Head of Research Research Division Awraq Investments szawaydeh@awraq.com Jordan Table of Contents Executive Summary... 4 Ownership Structure... 4 Regional Presence

More information

ANNUAL ECONOMIC REPORT AJMAN 2015

ANNUAL ECONOMIC REPORT AJMAN 2015 ANNUAL ECONOMIC REPORT AJMAN C O N T E N T S Introduction Growth of the Global Economy Economic Growth in the United Arab Emirates Macro - Economic Growth in the Emirate of Ajman Gross Domestic Product

More information

Daily Market Report Saudi Arabia Stock Exchange February

Daily Market Report Saudi Arabia Stock Exchange February ` 11: 11:15 11:3 11:5 12: 12:15 12:3 12:5 13: 13:15 13:3 13:5 1: 1:15 1:3 1:5 15: 15:15 15:3 February 5 21 TASI Index 8,768.9-3% Turnover (SAR mn) 6,336.7 2% Research Department research@alrajhi-capital.com

More information

FOREIGN INVESTMENT, LOANS AND ASSISTANCE IN MONGOLIAN DEVELOPMENT

FOREIGN INVESTMENT, LOANS AND ASSISTANCE IN MONGOLIAN DEVELOPMENT FOREIGN INVESTMENT, LOANS AND ASSISTANCE IN MONGOLIAN DEVELOPMENT A.Buyantogs* Mongolian has chosen market economy and has been already conducting ten years economic reforms towards market economy. Any

More information

Key Economic Data. Saudi Economy from Regional & Global Perspective. Administrative Reform to Enhance Economic Activities. Saudi Exports & Imports.

Key Economic Data. Saudi Economy from Regional & Global Perspective. Administrative Reform to Enhance Economic Activities. Saudi Exports & Imports. 2011 Key Economic Data. Saudi Economy from Regional & Global Perspective. Administrative Reform to Enhance Economic Activities. Saudi Exports & Imports. The 2011 Saudi Budget Why Invest in Saudi Arabia?

More information

About Ahli Investment Banking Group

About Ahli Investment Banking Group About Ahli Investment Banking Group Invest confidently with the power of Jordan Ahli Bank behind you. We have put together our best minds to conduct research and prepare in depth reports on Amman Stock

More information

Plans for a Pilot Investment Zone Second Meeting of the Working Group on Investment Zones in Iraq November 2011, Istanbul

Plans for a Pilot Investment Zone Second Meeting of the Working Group on Investment Zones in Iraq November 2011, Istanbul Plans for a Pilot Investment Zone Second Meeting of the Working Group on Investment Zones in Iraq 23-24 November 2011, Istanbul Christelle Monteillet Iraq Project Advisor, MENA-OECD Investment Programme

More information

Indicator Name f 2016f

Indicator Name f 2016f December 215 A&T Bank View: We expect Omani economy to grow by 4.4% and 2.8% in 215 and 216 respectively. The growth of Oman's economy will slow over 216 as falling oil production and prices begin to have

More information

Daily Market Report Saudi Arabia Stock Exchange 14 July 2015

Daily Market Report Saudi Arabia Stock Exchange 14 July 2015 Thousands 11: 11:15 11:3 11:5 1: 1:15 1:3 1:5 13: 13:15 13:3 13:5 1: 1:15 1:3 1:5 15: 15:15 1 July 15 TASI Index 9,9..1% Turnover (SAR mn) 3,515. -39% TASI Intra Day Movement Global commentary research@alrajhi-capital.com

More information

PROJECT FINANCE & LOAN SYNDICATION DEALS

PROJECT FINANCE & LOAN SYNDICATION DEALS PROJECT FINANCE & LOAN SYNDICATION DEALS RECENT PROJECT FINANCE & LOAN SYNDICATION DEALS RECENT PROJECT FINANCE & LOAN SYNDICATION DEALS HANDLED BY MEMBERS OF THE FIRM NO LENDERS BORROWER SUBJECT DATE

More information

The Economic Letter September 2018

The Economic Letter September 2018 ASSOCIATION OF BANKS IN LEBANON Research & Statistics Department The Economic Letter September 2018 Summary: In the first three quarters of 2018, most real sector indicators retreated in relation to the

More information

THE WEEKLY ISSUE 19 7 TH MAY 2018 INCLUSIVE GROWTH AND JOB CREATION CONFERENCE IN THIS ISSUE

THE WEEKLY ISSUE 19 7 TH MAY 2018 INCLUSIVE GROWTH AND JOB CREATION CONFERENCE IN THIS ISSUE INCLUSIVE GROWTH AND JOB CREATION CONFERENCE The Central Egypt (CBE), Egypt s Finance Ministry and the International Monetary Fund (IMF) organized the Inclusive Growth and Job Creation Conference in Cairo

More information

PRESENTATION ON THE INVESTMENT OPPORTUNITIES IN BOTSWANA. Ms Reitumetse Aphiri Executive Director Investment Promotions 27 th February 2013

PRESENTATION ON THE INVESTMENT OPPORTUNITIES IN BOTSWANA. Ms Reitumetse Aphiri Executive Director Investment Promotions 27 th February 2013 PRESENTATION ON THE INVESTMENT OPPORTUNITIES IN BOTSWANA Ms Reitumetse Aphiri Executive Director Investment Promotions 27 th February 2013 Contents 1. Botswana Overview Key Figures Macroeconomic Fundamentals

More information

Nepal Rastra Bank Central Office. Current Macroeconomic Situation of Nepal

Nepal Rastra Bank Central Office. Current Macroeconomic Situation of Nepal Nepal Rastra Bank Central Office Current Macroeconomic Situation of Nepal (Based on the Annual Data of FY 2013/14) Real Sector Gross Domestic Product 1. According to the preliminary estimates of Central

More information

3,745. P/E Multiple (x) 3,710 3,675 3,640 3,606. UAE equity markets closed higher yesterday, lifted by gains in insurance and property sector stocks.

3,745. P/E Multiple (x) 3,710 3,675 3,640 3,606. UAE equity markets closed higher yesterday, lifted by gains in insurance and property sector stocks. 9-Jan 11-Jan 15-Jan 17-Jan 19-Jan 23-Jan 25-Jan 29-Jan 31-Jan 2-Feb 6-Feb 8-Feb 9 February 217 Daman Morning Call GCC MarketWatch UAE Indices Abu Dhabi Securities Market General Last Close 1D 1D % YTD%

More information

2,864. P/E Multiple (x) 2,823 2,782 2,741 2,699

2,864. P/E Multiple (x) 2,823 2,782 2,741 2,699 25-Sep 27-Sep 1-Oct 3-Oct 7-Oct 9-Oct 11-Oct 15-Oct 17-Oct 21-Oct 23-Oct 25-Oct 28 October 218 Daman Morning Call GCC MarketWatch UAE Indices Last Close 1D 1D % YTD% 1M % 1Y % P/E Multiple (x) 2,864 5,46

More information

Market Update. 14 May 2015 BANK MUSCAT ASSET MANAGEMENT

Market Update. 14 May 2015 BANK MUSCAT ASSET MANAGEMENT Market Update 14 May 2015 BANK MUSCAT ASSET MANAGEMENT GCC Equity Markets Most of the regional markets have witnessed negative performance so far this month, except Qatar, Oman, and Bahrain up 2.9%, 0.6%,

More information

Jordan Cement Factories (JOCM) Equity Report

Jordan Cement Factories (JOCM) Equity Report January 2010 Jordan Cement Factories (JOCM) Equity Report Research Outcome: The following equity report was prepared for those who are interested in a deeper look at Jordan Cement Factories Company (JOCM)

More information

Introduction to TUNISIA

Introduction to TUNISIA Introduction to TUNISIA Tunisia is small open economy with strong ties to Europe. The country has been cited as a success story for a number of years, following decades of robust growth and impressive

More information

Amman Stock Exchange The Banking Sector end of Q3

Amman Stock Exchange The Banking Sector end of Q3 The Blominvest Report BLOMINVEST BANK S.A.L. Amman Stock Exchange The Banking Sector end of Q3 Key Highlights ASE performance displayed increased volatility during 2016 Jordanian bourse overvalued compared

More information

A World of Opportunities

A World of Opportunities Lebanon Real Estate Investments: A World of Opportunities Dr. Nasser Saidi @ Planet Lebanon Network and Knowledge for Economic Growth Beirut July Lebanon Real Estate Investments: A World of Opportunities!

More information

I. ECONOMIC ENVIRONMENT (1) MAJOR FEATURES OF THE ECONOMY

I. ECONOMIC ENVIRONMENT (1) MAJOR FEATURES OF THE ECONOMY Oman WT/TPR/S/201 Page 1 I. ECONOMIC ENVIRONMENT (1) MAJOR FEATURES OF THE ECONOMY 1. The Sultanate of Oman borders Saudi Arabia to the west, the United Arab Emirates (UAE) to the north west, and Yemen

More information

The Economic Letter May 2018

The Economic Letter May 2018 ASSOCIATION OF BANKS IN LEBANON Research & Statistics Department The Economic Letter May 2018 Summary: In May 2018, real sector indicators were mixed with reference to the preceding month. Imports of goods

More information

Introduction to MOROCCO

Introduction to MOROCCO Introduction to MOROCCO With a GDP of USD 101bn in 2015, Morocco is a medium-sized economy. Sound macroeconomic fundamentals, a resilient and sophisticated banking sector and the implementation of structural

More information

Chapter-2. Trends in India s Foreign Trade

Chapter-2. Trends in India s Foreign Trade Chapter-2 India s Trade Performance India s merchandise exports reached a level of US $ 251.14 billion during 2010-11 registering a growth of 40.49 percent as compared to a negative growth of 3.53 percent

More information

Integrated Securities Morning Report 17 February 2019

Integrated Securities Morning Report 17 February 2019 Integrated Securities Morning Report 17 February 2019 # Market Stats 1M 3M 1Y # UAE Trading Summary Indices Close Change Change Change Change AEDm Buy Sale Net ADX 5,036 0.2% 1.1% -0.4% 10.0% ADX 283 283

More information

2,864. P/E Multiple (x) 2,823 2,782 2,741 2,699

2,864. P/E Multiple (x) 2,823 2,782 2,741 2,699 26-Sep 3-Sep 2-Oct 4-Oct 8-Oct 1-Oct 14-Oct 16-Oct 18-Oct 22-Oct 24-Oct 28-Oct 29 October 218 Daman Morning Call GCC MarketWatch UAE Indices Last Close 1D 1D % YTD% 1M % 1Y % P/E Multiple (x) 2,864 5,46

More information