Amman Stock Exchange Daily Report

Amman Stock Exchange (ASE) Daily Market Report
November 19th, 2014
partnership to boost the sustainable development process
and contribute to job creation, particularly for the youth.
Free Float Index
Market Summary:
Trading value for Tuesday 18/11/2014 reached JOD (7.4)
million. (5.9) million shares were traded through (3,892).
2300
The shares price index closed at (2131.86) point, an
increase of (0.79%).
2100
2200
2000
The shares of (123) companies were traded, the shares
prices of (50) companies rose, and the shares prices of (33)
declined.
At the sector level, the Services index increased by 2.22%,
the Industrial index increased by 0.34%, and the financial
index increased by 0.16%.
1900
1800
1700
1600
Source: Amman Stock Exchange (ASE)
Economic News

Source: Amman Stock Exchange (ASE)
IMF: Jordan achieves stable growth despite regional
challenges
The International Monetary Fund (IMF) mission chief for
Jordan Kristina Kostial said on Tuesday that the Jordanian
economy has been resilient in a difficult environment,
especially with fluctuations and shortfalls in gas supplies
from Egypt and the ramifications of the Syrian crisis and the
conflict in Iraq on the Kingdom. She added the Jordanian
economy growth has remained relatively stable at 3 percent.
Inflation for October has dropped by 2.3 percent, while the
international reserves of the Central Bank increased from
there to comfortable level at about six months of import
coverage. She added that the account deficit narrowed and
is expected to come down this year to below 14 percent.

Japanese businessmen mull investment in Kingdom
His Majesty King Abdullah on Tuesday started a working
visit to Japan with a meeting with CEOs and representatives
of Japanese economic and financial institutions. In two
separate meetings, discussions covered Jordan's investment
environment, and the privileges and incentives it offers to
investors on the backdrop of the high degree of stability and
skilled manpower the Kingdom enjoys, a Royal Court
statement said. During his meeting with President of the
Japan International Cooperation Agency (JICA) Akihiko
Tanaka, King Abdullah voiced his appreciation of the
agency's ongoing efforts to support development and
economic programs in Jordan, especially in the fields of
water, tourism, health, education and construction. He
called for fostering cooperation between JICA and different
local institutions through exploring new areas of
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Figure 1: Top Gainers
Close
Change
Price
JOPT
4.38
7.35%
REDV
0.18
5.88%
JOCM
1.71
4.90%
ENTK
0.45
4.65%
NCCO
3.21
4.56%
Figure 2: Top losers
Close
Price
TAMR
0.13
JOMA
0.15
NOTI
0.96
APCT
0.2
JDPC
0.62
Source: Amman Stock Exchange (ASE)
Figure 3: Top Companies by Value Traded
Closing price
Value Traded
JNTH
JOPT
ATTA
RUMM
INMJ
1.14
4.38
1.93
0.98
6.35
983,820
877,434
535,308
485,865
459,050
Source: Amman Stock Exchange (ASE)
Figure 4: Top Companies by Trading Volume
Closing price
Trading Volume
1.14
0.98
0.45
0.52
0.54
899,000
503,650
386,850
379,148
340,690
JNTH
RUMM
ENTK
PROF
EMAR
Source: Amman Stock Exchange (ASE)
Fax: 962 6 550 3801
P.O. Box 925102 Amman 11110 Jordan
Change
-7.14%
-6.25%
-4.95%
-4.76%
-4.61%

Electricity companies struggle with JD310m in unpaid dues of subscribers
Subscribers owe the country’s three electricity companies over JOD 310 million in accumulative unpaid dues despite collection
efforts, according to officials from the providers. Subscribers' delay or failure to pay their utility bills to the Jordanian Electric
Power Co. Ltd. (JEPCO) increases the company's financial burdens, as it borrows with interest to cover its dues to the Energy
and Mineral Resources Commission (EMRC), said Hassan Abdullah, strategic asset manager at JEPCO, which distributes
electricity to end users in the central region, the most inhabited region in the Kingdom. Abdullah said the total amount of
subscribers' unpaid dues to JEPCO is up to JOD 220 million, adding that some subscribers have become financially unable to
commit to paying their bills, while others are either expatriates or owners of abandoned houses .

USAID launches initiatives to drive growth of ICT sector
Leveraging the recent MENA ICT Forum, USAID’s Jordan Competitiveness Program (JCP) introduced two important initiatives:
the development of angel investing in the Kingdom and the creation of Connect.jo. During the event, technology experts learned
about the new network of angel investors being created to focus on early investing in smaller firms in medical, clean technology
and ICT with great growth potential, according to a USAID JCP statement e-mailed to The Jordan Times on Tuesday.

Murad asks US to help eliminate Israeli obstacles to trade with Palestine
Amman Chamber of Commerce (ACC) President Issa Murad on Tuesday requested US help to facilitate trade exchange between
Jordan and Palestine. During a meeting with US Ambassador to Jordan Alice G. Wells, Murad called for American influence
through drawing up mechanisms to ensure a smooth flow of Jordanian commodities to with Palestine and to eliminate Israeli
obstacles hindering trade with Palestinians. Discussions covered the need for the US to support small- and medium-sized
enterprises in the Kingdom, in addition to programs and plans aimed at combating poverty and unemployment. The two sides
stressed the need to foster cooperation to help facilitate investments in the area of renewable energy and gas explorations through
providing the required technical and financial assistance. The ACC chief underlined the importance of cooperation to promote the
US-Jordan Free Trade Agreement on all levels to maximize the benefits of the accord for both sides. Total US investments in
Jordan currently amount to USD 2.2 billion, constituting nearly 8 per cent of the USD 27.6 billion total accumulated foreign
investment in Jordan.

Jordan, UAE share top place among Arab countries on economic freedom index
Jordan and the UAE have shared first rank among Arab countries in terms of economic freedom for this year, according to the
Economic Freedom of the Arab World annual report. Last year, the Kingdom came second on the list. The report, issued by the
Friedrich Naumann Foundation for Liberty and the International Research Foundation of Oman in addition to the Fraser
Institute, evaluates economic freedom on a scale of 10, on which both Jordan and the United Arab Emirates scored 8.1. The
evaluation criteria include the size of government, commercial and economic law, and security of property rights, access to sound
money, freedom to trade internationally as well as regulation of credit, labour and business.
Page 2 of 5
Figure 5: Value Traded
Figure 5: Trading Volume
Mining and
Other
Extraction Industries
Industries
7%
Transport
3%
6%
Other
Services
10%
Banks
Utilities and 5%
Energy
6%
Other
Industries
12%
Financial
24%
Industrial
12%
Services
14%
Industrial
8%
Services
12%
Real Estate
17%
Financial
30%
Real Estate
24%
Source: Amman Stock Exchange (ASE)
Figure 6: Regional Markets Indices
Index Close % Change
KSA
9374.68
0.92%
Dubai
4619.60
2.04%
Abu Dhabi
4899.67
-0.19%
Egypt
9177.81
0.61%
Qatar
13416.06
-2.52%
Kuwait
7570.05
7.32%
Oman
7313.63
4.03%
Lebanon
1170.34
-0.26%
Other
Services
10%
Source: Amman Stock Exchange (ASE)
Year to Date
8.94%
32.24%
13.36%
34.74%
30.95%
-6.61%
2.28%
1.86%
Figure 7: International Markets Indices
Index Close % Change
S&P 500
2051.80
0.51%
Dow Jones
17687.82
0.23%
Nasdaq
4702.44
0.67%
London
3581.01
0.51%
Nikkei 225
17344.06
2.18%
Year to Date
12.00%
7.58%
13.50%
-0.41%
9.02%
Source: Bloomberg
Source: Bloomberg
Page 3 of 5
Figure 8: Banks Listed on the Amman Stock Exchange (ASE)
Company Name
ARBK
THBK
BOJX
JOKB
JOIB
CABK
AHLI
EXFB
UBSI
SGBJ
AJIB
INVB
ABCO
JDIB
JCBK
Arab Bank
The Housing Bank for Trade and Finance
Bank of Jordan
Jordan Kuwait Bank
Jordan Islamic Bank
Cairo Amman Bank
Jordan National Bank
Capital Bank Of Jordan
Union Bank
Société Générale de Banque - Jordanie
Arab Jordan Investment Bank
Jordan Investment and Finance Bank
Arab Banking Corporation / (Jordan)
Jordan Dubai Islamic Bank
Jordan Commercial Bank
Market Cap
(Million)
4,049.86
2,318.40
401.71
417.00
547.50
352.50
232.75
283.14
192.50
101.00
298.50
126.00
121.00
95.00
111.00
Capital
(Million)
569.60
252.00
155.10
100.00
150.00
125.00
175.00
181.50
110.00
100.00
150.00
100.00
110.00
100.00
100.00
Closing
price
7.11
9.20
2.59
4.17
3.65
2.82
1.33
1.56
1.75
1.01
1.99
1.26
1.10
0.95
1.11
Change in
price
-0.42%
0.39%
0.24%
1.96%
0.71%
-0.64%
-1.69%
2.05%
-0.79%
-
P/E
P/BV
Div. Yield
11.27
20.00
9.58
8.37
13.08
7.83
6.78
7.22
7.55
11.27
13.91
11.55
9.51
97.17
103.57
1.01
2.20
1.23
0.97
2.03
1.26
0.76
0.85
0.73
0.85
1.41
0.16
0.84
0.73
0.97
3.96%
3.26%
5.79%
4.80%
3.42%
4.82%
4.25%
5.83%
3.43%
0.00%
4.36%
5.56%
8.26%
0.00%
0.00%
Trailing
EPS
0.63
0.46
0.27
0.50
0.28
0.36
0.20
0.22
0.23
0.09
0.14
0.11
0.12
0.01
0.01
ROA
ROE
1.24%
1.20%
1.41%
1.50%
0.96%
1.36%
1.42%
1.34%
0.88%
0.96%
1.00%
0.80%
0.91%
0.12%
0.06%
7.62%
8.63%
9.74%
9.43%
12.51%
11.58%
10.59%
7.95%
7.17%
5.97%
8.15%
1.34%
6.85%
0.57%
0.57%
Latest
F.S
Q3 2014
Q3 2014
Q3 2014
Q3 2014
Q3 2014
Q3 2014
Q3 2014
Q3 2014
Q3 2014
Q3 2014
Q3 2014
H1 2014
Q3 2014
Q3 2014
H1 2014
Source: Companies Financials & Bloomberg
Figure 9: Highest Market Capitalization listed on the ASE
Company Name
APOT
JTEL
JOPH
JOEP
JOPT
EICO
NCCO
JOCM
RJAL
MANE
ZARA
AIEI
MDTR
JDFS
JOST
DADI
Arab Potash
Jordan Telecommunications
Jordan Phosphate Mines
Jordan Electric Power
Jordan Petroleum Refinery
Al-Eqbal Investment Company
Northern Cement
Jordan Cement Factories
Alia-The Royal Jordanian Airlines
Afaq For Energy Company
Zara Investments
Arab International for Education and Investment
Mediterranean Tourism Investment
Jordanian Duty Free Shops
Jordan Steel
Dar Al Dawa Development and Investment
Source: Companies Financials & Bloomberg
Market Cap
(Million)
1,664.69
825.00
476.25
232.85
273.75
264.50
176.55
103.36
54.00
309.10
87.47
182.25
99.90
119.85
21.00
72.50
Capital
(Million)
83.32
250.00
75.00
75.60
62.50
25.00
55.00
60.44
84.37
110.00
148.26
40.50
45.00
7.50
35.00
25.00
Closing
price
19.98
3.30
6.35
3.08
4.38
10.58
3.21
1.71
0.64
2.81
0.59
4.50
2.22
15.98
0.60
2.90
Change in
price
0.91%
0.92%
3.76%
2.67%
7.35%
-2.94%
4.56%
4.91%
0.72%
1.12%
1.75%
P/E
P/BV
Div. Yield
20.67
18.81
190.81
N/A
8.90
10.34
9.96
N/A
N/A
13.17
N/A
10.17
36.77
8.69
N/A
12.91
2.00
2.40
0.41
2.50
1.97
4.55
2.41
1.23
1.30
2.31
0.47
2.04
1.98
3.04
0.50
1.33
7.51%
0.00%
0.00%
2.44%
0.00%
9.45%
2.18%
0.00%
0.00%
4.27%
0.00%
6.67%
2.70%
6.26%
0.00%
3.45%
Trailing
EPS
0.97
0.18
0.03
-0.08
0.49
1.02
0.32
-0.64
-0.82
0.21
-0.01
0.44
0.06
1.84
0.00
0.22
ROA
ROE
Latest F.S
7.50%
5.35%
-0.58%
0.85%
1.30%
19.54%
16.60%
0.94%
-3.40%
8.52%
0.71%
8.08%
4.02%
28.30%
-1.32%
2.84%
8.52%
9.16%
-0.70%
7.94%
18.02%
30.53%
19.87%
2.12%
-104.2%
12.18%
0.96%
10.16%
4.27%
31.95%
-2.55%
5.50%
Q3 2014
Q3 2014
H1 2014
Q3 2014
Q3 2014
Q3 2014
Q3 2014
Q3 2014
H1 2014
Q3 2014
Q3 2014
Q3 2014
Q3 2014
Q3 2014
Q3 2014
Q3 2014
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