Weekly Capital Markets Newsletter 12th- 16th of May 2019

1. ‫المالية‬ ‫والمؤسسات‬ ‫واالستثمارات‬ ‫للخزينة‬ ‫األهلي‬ ‫مجموعة‬
Ahli Treasury, Investments & Financial Institutions Group
1
INVESTMENT ‫استثمار‬
Sector Index Chg. % Index Closing (Points)
Financial 1.83 % 2,550.65
Services -1.26 % 1,205.61
Industrial -0.04 % 1,834.93
JOD 15.29 Bn -5.12% -4.08%
Market Cap. Cap. % (YTD) Index % (YTD)
Ahli Bank Weekly
Capital Markets Newsletter
During (12th - 16th of May 2019)
Jordan Ahli Bank Share Performance During (12th - 16th of May 2019)
Closing
1.06
% Chg.
0.94
High
1.06
Low
1.03
JDs
314,125
Shares
302,213
Amman Stock Exchange (ASE) Market Information Jordan Ahli Bank Ownership Structure
Closing Change (Points) Chg. %
1,830.96 19.64 1.08%
Traded Value (JDs) Change (JD’s) Chg. %
20,219,261 2,117,239 11.69%
Traded Volume (Shares) Change (Shares) Chg. %
20,902,639 6,694,951 47.12%
ASEIndex
Sector Performance
Most Traded Companies
Company Close Traded Value (JD)
Union Investment Corporation 1.19 2,461,449
Specialized Investment Compounds 1.11 2,121,751
Capital Bank of Jordan 0.96 1,608,387
Company
Union Investment Corporation 1.19 2,053,941
Specialized Investment Compounds 1.11 1,885,558
Capital Bank of Jordan 0.96 1,675,066
Most Active Companies
Company Symbol Close Chg. %
Emmar Investments & Realestate Development EMAR 0.24 20.00%
Arab Investors Union Co. For Real Estates UNAI 0.74 17.46%
Ihdathiat Co-ordinates IHCO 0.22 15.79%
South Electronics SECO 0.15 15.38%
Top ASE Gainers
Top ASE Decliners
Weekly Value Traded by Sector / JD Mn
ASE - Index (YTD)
56 Gainers
46 Decliners
36 Unchanged
Company Close Chg. %Symbol
Arabia Insurance Company - Jordan 0.52 -13.33%AICJ
Jordan Hotels & Tourism 3.20 -12.57%JOHT
Arab Aluminium Industry /aral 1.70 -7.10%AALU
Al-isra For Education And Investment AIFE 3.30 -6.52%
Market Breadth

2. ‫المالية‬ ‫والمؤسسات‬ ‫واالستثمارات‬ ‫للخزينة‬ ‫األهلي‬ ‫مجموعة‬
Ahli Treasury, Investments & Financial Institutions Group
2
INVESTMENT ‫استثمار‬
USD Libor
O/N 2.35575 pct.
1 Month 2.44188 pct.
3 Months 2.52188 pct.
6 Months 2.55375 pct.
1 Year 2.63538 pct.
Oil & Gold
FX Rates
JOD Interest Rates
“Jordanian Government Curve”
Gold 1277.60
Light Crude 62.71
EUR / USD 1.1160
GBP / USD 1.2722
AUD / USD 0.6870
USD / JPY 110.10
USD / JOD 0.708—0.710
Window 4.000 Pct.
1 Wk CDs 4.750 Pct.
1 Year T-Bills 4.441 Pct.
2 Years T-Bonds 4.762 Pct.
3 Years T-Bonds 4.770 Pct.
5 Years T-Bonds 5.180Pct.
7 Years T-Bonds 5.750 Pct.
10 Years T-Bonds 6.300 Pct.
15 Years T-Bonds 7.098 Pct.
Global News:
President Donald Trump is poised to delay a decision by up to six months to impose auto
tariffs to avoid blowing up negotiations with the EU and Japan and further antagonizing
allies as he ramps up his trade war with China.
The Trump administration ordered a partial withdrawal of its diplomats from Iraq on
Wednesday, as Washington warned of heightened threats from Iran and Tehran-backed
Shiite militias.
Federal Reserve Bank of Richmond President Thomas Barkin said while he favors keeping
interest rates on hold for now, he worries that business confidence is fragile amid
slowing global growth and trade disputes.
Theresa May flies back to London on Thursday morning to once again face colleagues
seeking to oust her, as she struggles to find a way to pass her Brexit deal. Returning from
Paris where she joined world leaders pledging to boost internet safety Wednesday, the
UK prime minister will meet with rank-and-file Conservative Party members who want
her to set a roadmap for quitting
FOMC Meeting
Date
FED Funds
Jan 30,2019 2.25 - 2.50
March 20,2019 2.25 - 2.50
May 1,2019 2.25 - 2.50
June 19 ,2019
July 31,2019
September 18,2019
October 30,2019
December 11,2019
Based on an official announcement, the government is in the final steps in negotiating the terms & conditions of the new 1.2
BLN USD loan from the World Bank loan. The loan will be granted in 2 stages; the 1st should be for 950 MN USD to be
submitted in June 2019 and the 2nd one for 250 MN to be submitted in October 2019. Based on the same official source the
new loan will be used to repay the 1 BLN Eurobond that will mature in June 2019.
There have been some signs of improvement in the economy with the reopening of the borders with Iraq, and exports to Iraq
and Gulf countries are rising, IMF Mission Chief Martin Cerisola said, adding that there is a need to continue reforms. There
are also positive signs in terms of rise in tourism revenues and remittances of expatriates, said Cerisola. He added that
continued reforms will enhance the living conditions of the Jordanians, adding that the IMF will continue to urge donor
countries to support Jordan for it to cope with the pressure of hosting a large number of Syrian refugees and to support fiscal
reforms.
Economic reforms underway in Saudi Arabia have started to yield “positive results,” the IMF said on Wednesday — although
the fund cautioned that challenges, notably the level of government spending, remain. The International Monetary Fund
(IMF) issued its preliminary findings on the Kingdom’s economy following an official staff visit to the country, prior to the
preparation of a final report. It found that reforms under the Vision 2030 program — the ambitious plan to diversify Saudi
Arabia’s economy set out three years ago — were paying off. “Reforms to the capital markets, legal framework, and business
environment are progressing well,” the IMF said .
The United Arab Emirates “won’t jump the gun” to accuse Iran of sabotaging ships off its coast, a senior government official
said, as rising tensions in the Gulf stoke concerns that the region is teetering on the brink of another war.
Abu Dhabi National Insurance Company (Adnic) said it has signed a partnership agreement with First Abu Dhabi Bank (FAB) to
offer customers new payment options through Payit, the UAE's first fully-featured digital wallet. The payit was launched by
First Abu Dhabi Bank (FAB) to support the UAE’s goal to become a cashless economy and to drive digital solutions that
benefit both residents and merchants alike.
Oil prices dropped on Friday as equity markets retreated amid trade tensions between the United States and China. Tensions
in the Middle East triggered fears over supply disruptions and kept prices higher for the week. Brent crude fell 41 cents, or
Local News:
Regional News:
Gold prices slipped on Thursday, pressured by technical selling after repeatedly failing to breach $1,300 this week and as the
dollar gained on the back of strong economic data from the United States. Spot gold was down 0.4% at $1,291.47 an ounce at
1301 GMT and U.S. gold futures slipped 0.5% to $1,291.70.

3. ‫المالية‬ ‫والمؤسسات‬ ‫واالستثمارات‬ ‫للخزينة‬ ‫األهلي‬ ‫مجموعة‬
Ahli Treasury, Investments & Financial Institutions Group
3
INVESTMENT ‫استثمار‬
Disclaimer:
The trading and financial related data contained in this report has been obtained from sources considered by Jordan Ahli Bank to be
reliable in all material respects. However, the accuracy, fairness and completeness thereof are not guaranteed by Jordan Ahli Bank and
its employees and its third-party suppliers shall have no liability for errors or omissions with respect to the service or its delivery, re-
gardless of the cause or source of such error or omission. This is not an invitation to buy or sell stocks traded in Amman Stock Exchange.
The Purpose of this report is to provide information and analysis related to Amman Stock Exchange and assists investors to obtain infor-
mation to support their decisions. The reader should not make any investment decision solely based on the information contained in
this report and he/she should consult with his/her investment advisor before investing. This report is a copyright of Jordan Ahli Bank
and should not be reproduced or redistributed partially or fully in away shape or manner without the express written consent of the
Jordan Ahli Bank.