Amman Stock Exchange Daily Report - 8 December

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1. Amman Stock Exchange 8-Dec-20 AMMAN GENERAL INDEX Close % Change Year-to-Date (YTD) Daily Volume (shares) Daily Turnover (JOD) 1,580.01 -0.17% -12.96% 6,391,747 5,350,395 Index Perfomance Graph 1,700 1,680 1,660 1,640 1,620 1,600 1,580 1,560 1,540 1,520 1,500 11-May-20 11-Jun-20 11-Jul-20 11-Aug-20 11-Sep-20 11-Oct-20 Best Performing Companies 11-Nov-20 Worst Performing Companies % Change 5.00% KAFA`A INVESTMENTS % Change -4.17% JORDAN IND.RES. 5.00% CONSULTING GROUP -4.17% DEERA 4.82% FIRST JORDAN -4.55% NAT/CABL/WIRE/MF 4.76% ZARQA EDUC -4.83% JORDAN EXPAT .INV 4.35% JOR STEEL -5.26% SHIRA Top Traded Companies by Volume (Shares) Top Traded Companies by Value (JOD) JORDAN IND.RES. 1,812,849 UNION INV UNION INV 1,334,207 1,104,800 UNION LAND DEV 767,417 RUM GROUP 553,641 JORDAN IND.RES. 722,873 UNION LAND DEV 409,350 CAIRO AMMAN BANK 295,376 FIRST INSURANCE 395,660 INJAZ 286,927
2. Macroeconomic & Corporate News Jordan-Iraq power grid tender to be floated by early 2021 — NEPCO Amjad Rawashdeh, director general of the National Electric Power Company (NEPCO), on Monday announced the preparation of the technicalities concerned with the tender to be floated for the construction the Jordan-Iraq electrical power grid, the Jordan News Agency, Petra, reported. Rawashdeh added that the tender will be floated by the beginning of 2021 to expand Al Risha plant in Jordan. In a statement carried by Petra, Rawashdeh pointed out that the power linkage between the two countries, which came in light of signing an agreement between NEPCO and the Iraqi General Company for Electric Power Transmission/Central Region in September, would be established over two phases. In the first phase, Jordan will provide 150 megawatts of electricity to Iraq for a duration of three years which can be renewed upon parties’ agreement. The second phase includes intensifying electrical exchange, he noted, stressing the importance of this step to the stability of electrical systems and the establishment of a joint Arab electrical market. Sales of oil derivatives dropped by 16.7% in first 10 months of 2020 Sales of oil derivatives during the first 10 months of 2020 declined by 16.7 per cent, according to figures by the Ministry of Energy and Mineral Resources. According to the figures, received by the Jordan News Agency, Petra, the sales of the major petroleum products during the January-October period amounted to about 2.565 billion litres, compared with 3.078 billion litres for the same period in 2019. UK prepares to give first Covid-19 vaccinations as the world watches Britain's healthcare providers are gearing up to start giving the first doses of the Pfizer/BioNTech vaccine, less than a week after the United Kingdom became the first Western nation to approve a Covid-19 vaccine. Vaccinations are set to begin on Tuesday in England, Wales and Scotland. Northern Ireland said it would start administering the vaccine early in the week but did not specify which day. The process, which is complicated by the need to store the Pfizer/BioNTech vaccine under strict conditions and give each recipient two doses, three weeks apart, will be closely watched from around the world. * Source: Jordan Times, Zawya Disclaimer Awraq Investments and its affiliates obtain information from sources they believe to be reliable, but do not warrant its accuracy or fitness for a particular purpose, and disclaim for themselves and their information providers all liability arising from the use. The Information in this publication is provided in good faith for informational purposes only. The information provided is not offered as tax, legal, or investment advice, or an offer to buy or sell securities or otherwise. The information provided in this publication may be displayed and printed for your personal, non-commercial use only. You may not reproduce, re-transmit, distribute, disseminate, sell, publish, broadcast, or circulate the information in any form or media to anyone, without the expressed written consent of Awraq Investments. Awraq Investments is not liable for any loss resulting from any action taken or reliance made by any person on any information or material posted by it. You should make your own inquiries and seek independent advice from relevant industry professionals before acting or relying on any information or material made available to you in this publication. You rely on this information at your own risk. Awraq Investments, its subsidiaries, parent, and/or any connected parties, may act or trade and/or enter into any transaction that maybe inconsistent or disregard any information contained herein.