Weekly Capital Markets Newsletter 26th- 30th 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 -0.21 % 2,501.69
Services 1.07% 1,231.24
Industrial -1.71 % 1,791.21
JOD 14.93 Bn -7.37% -5.36%
Market Cap. Cap. % (YTD) Index % (YTD)
Ahli Bank Weekly
Capital Markets Newsletter
During (26th - 30th of May 2019)
Jordan Ahli Bank Share Performance During (26th - 30th of May 2019)
Closing
1.04
% Chg.
0.00
High
1.05
Low
1.04
JDs
203,933
Shares
196,023
Amman Stock Exchange (ASE) Market Information Jordan Ahli Bank Ownership Structure
Closing Change (Points) Chg. %
1,806.50 -5.92 -0.33%
Traded Value (JDs) Change (JD’s) Chg. %
27,172,545 13,961,500 105.67%
Traded Volume (Shares) Change (Shares) Chg. %
24,629,157 7,805,198 46.39%
ASEIndex
Sector Performance
Most Traded Companies
Company Close Traded Value (JD)
Union Land Development 1.68 3,786,027
Rum Group 0.70 1,865,226
Jordan Petroleum Refinery 2.60 1,801,689
Company
Rum Group 0.70 1,865,226
Union Land Development 1.68 3,786,027
Deera Investment & Real Estate Development 0.68 1,049,969
Most Active Companies
Company Symbol Close Chg. %
Alshamekha For Real estate And Financial Investments VFED 1.32 22.22%
Darat Jordan Holdings DARA 0.33 13.79%
Alentkaeya For Investment & real estate Development Co. ENTK 0.65 10.17%
Rum Group For Transportation & Tourism Investment RUMM 0.70 9.38%
Top ASE Gainers
Top ASE Decliners
Weekly Value Traded by Sector / JD Mn
ASE - Index (YTD)
44 Gainers
47 Decliners
43 Unchanged
Company Close Chg. %Symbol
Int'l Arabian Development And Investment Trading 0.19 -9.52%INMA
Jordan Industrial Resources 0.11 -8.33%JOIR
Ihdathiat Co-ordinates 0.22 -8.33%IHCO
Al-nisr Al-arabi Insurance AAIN 4.00 -5.88%
Market Breadth

2. ‫المالية‬ ‫والمؤسسات‬ ‫واالستثمارات‬ ‫للخزينة‬ ‫األهلي‬ ‫مجموعة‬
Ahli Treasury, Investments & Financial Institutions Group
2
INVESTMENT ‫استثمار‬
USD Libor
O/N 2.35450 pct.
1 Month 2.43050 pct.
3 Months 2.50250 pct.
6 Months 2.51663 pct.
1 Year 2.51025 pct.
Oil & Gold
FX Rates
JOD Interest Rates
“Jordanian Government Curve”
Gold 1306.05
Light Crude 53.36
EUR / USD 1.1172
GBP / USD 1.2647
AUD / USD 0.6945
USD / JPY 108.29
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 4.845 Pct.
5 Years T-Bonds 5.189 Pct.
7 Years T-Bonds 5.677 Pct.
10 Years T-Bonds 6.330 Pct.
15 Years T-Bonds 7.098 Pct.
Global News:
China Threatens Sweeping Blacklist of Firms After Huawei Ban, China said it will
establish a list of so-called “unreliable" entities it says damage the interests of
domestic companies, a sweeping order that could potentially affect thousands of
foreign firms as tensions escalate after the U.S. blacklisted Huawei Technologies Co.
A crucial measure of U.S. inflation watched by the Federal Reserve picked up in April
for the first time this year while Americans’ spending and incomes topped forecasts,
offering some evidence that economic growth is both holding up and helping boost
prices.
US bonds are in high demand amid the intensifying trade war between the US and the
rest of the world. The benchmark 10-year treasury yield has dropped below 2.17%, the
lowest since September 2017.
The Trump administration escalated its battle with European allies over the fate of the
Iran nuclear accord, threatening penalties against the financial body created by
Germany, the U.K. and France to shield trade with the Islamic Republic from U.S.
sanctions.
EU fires first shot in possible new clash over Italy debt as The European Commission wrote on Wednesday to the
Italian government asking it to explain a deterioration in the country’s public finances, a move that sets the stage
for a possible legal clash with the Eurosceptic union in Rome.
FOMC 2018
Meeting
Date
FED Funds
Rate
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
Jordan intends to switch a deposit placed by Saudi Arabia and the United Arab Emirates at its central bank to a soft
loan to settle its debt as the government reaches agreement with the World Bank on a USD 1.4 billion facility. Jordan
will begin talks with its two Arab allies to turn the USD 666 million deposit at its central bank into a soft loan, the
state-run Petra news agency reported, citing unnamed government sources. Petra earlier reported that Jordan and
the World Bank had agreed on a USD 1.4 billion facility for 2019. Terms of the loan and interest will be determined
later. Jordan, whose public debt of USD 39.9 billion nearly equals economic output, has been hurt by the rise in global
commodity prices. The U.S. last year committed to give Jordan more than USD 6 billion in aid over the next five years,
up from USD 1 billion annually. Saudi Arabia and two allied Gulf nations agreed to deposit USD 1 billion in Jordan’s
central bank and provide hundreds of millions of dollars in loan guarantees under an aid package.
The United Arab Emirates has revised downwards its expectations for economic growth in 2019, with real gross
domestic product (GDP) now expected to grow 2% this year, the central bank said on Tuesday. In its last quarterly
report in March, the central bank said it expected GDP to grow 3.5%.Economic growth coming from the oil sector is
expected to be 2.7%, against 2.8% last year, because of lower oil production, the bank said in a statement.
Bahrain does not expect to meet some of the key goals it set out last year as part of a fiscal adjustment programme
linked to a $10 billion bailout received from its Gulf allies, a final draft of its state budget for the next two years
shows. Saudi Arabia, Kuwait and the United Arab Emirates last year pledged $10 billion in financial aid for the small
Gulf oil producer as it headed for a credit crunch after piling up debt to offset the impact on revenues of lower oil
prices. The aid, however, was linked to a series of reforms aimed at eliminating Bahrain's budget deficit by 2022.
Qatar’s Prime Minister Sheikh Abdullah Bin Nasser Al Thani will attend a summit in Saudi Arabia on Thursday, in the
highest-level visit since the oil-exporting kingdom and its allies imposed an embargo on their neighbor two years
ago.
The U.S. sent additional troops directed to the Middle East to Saudi Arabia and Qatar as America’s standoff with Iran
shows few signs of abating.
Local News:
Regional News:

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.