Ahli bank weekly capital markets newsletter 30th of june 4th of july 2019

1. ‫المالية‬ ‫والمؤسسات‬ ‫واالستثمارات‬ ‫للخزينة‬ ‫األهلي‬ ‫مجموعة‬
Ahli Treasury, Investments & Financial Institutions Group
1
INVESTMENT ‫استثمار‬
Sector Index Chg. % Index Closing (Points)
Financial 0.69% 2,594.65
Services 2.62% 1,335.05
Industrial -0.01 % 1,825.40
JOD 15.51 Bn -3.76% -0.84%
Market Cap. Cap. % (YTD) Index % (YTD)
Ahli Bank Weekly
Capital Markets Newsletter
During (30th
of June - 4th
of July 2019)
Jordan Ahli Bank Share Performance During (30th
of June - 4th
of July 2019)
Closing
1.07
% Chg.
1.90
High
1.07
Low
1.04
JDs
96,405
Shares
92,258
Amman Stock Exchange (ASE) Market Information Jordan Ahli Bank Ownership Structure
Closing Change (Points) Chg. %
1,892.68 16.2 0.86%
Traded Value (JDs) Change (JD’s) Chg. %
30,605,628 -7,709,060 -20.12%
Traded Volume (Shares) Change (Shares) Chg. %
30,373,023 -2,090,838 -6,44%
ASEIndex
Sector Performance
Most Traded Companies
Company Close Traded Value (JD)
Specialized Investment Compounds 1.28 4,477,294
Jordan Petroleum Refinery 3.10 4,108,899
Rum Group For Transportation & Tourism Investment 0.74 2,001,088
Company
Specialized Investment Compounds 1.28 3,681,845
Rum Group For Transportation & Tourism Investment 0.74 2,765,202
The Jordanian Electric Power 1.36 1,417,001
Most Active Companies
Company Symbol Close Chg. %
National Portfolio Securities MHFZ 0.85 23.19%
Amwaj Properties AMWJ 0.14 16.67%
Jordan National Shipping Lines SHIP 1.68 16.67%
Almehanya For Real Estate Investments & Housing PROF 0.50 16.28%
Top ASE Gainers
Top ASE Decliners
Weekly Value Traded by Sector / JD Mn
ASE - Index (YTD)
80 Gainers
44 Decliners
32 Unchanged
Company Close Chg. %Symbol
Al-manara Insurance 0.43 -12.24%ARSI
International Company For Medical Investments 1.18 -9.23%ICMI
Specialized Trading & Investments 1.19 -9.16%SPTI
Jordan Investment Trust JOIT 0.46 -8.00%
Market Breadth

2. ‫المالية‬ ‫والمؤسسات‬ ‫واالستثمارات‬ ‫للخزينة‬ ‫األهلي‬ ‫مجموعة‬
Ahli Treasury, Investments & Financial Institutions Group
2
INVESTMENT ‫استثمار‬
USD Libor
O/N 2.34825 pct.
1 Month 2.36650 pct.
3 Months 2.31138 pct.
6 Months 2.20975 pct.
1 Year 2.19163 pct.
Oil & Gold
FX Rates
JOD Interest Rates
“Jordanian Government Curve”
Gold 1400
Light Crude 57.73
EUR / USD 1.1228
GBP / USD 1.2527
AUD / USD 0.6979
USD / JPY 108.48
USD / JOD 0.708—0.710
Window 4.000 Pct.
1 Wk CDs 4.750 Pct.
1 Year T-Bills 4.340 Pct.
2 Years T-Bonds 4.762 Pct.
3 Years T-Bonds 4.781 Pct.
5 Years T-Bonds 5.274 Pct.
7 Years T-Bonds 5.755Pct.
10 Years T-Bonds 6.359 Pct.
15 Years T-Bonds 7.099 Pct.
Global News:
France and Iran have agreed to look at conditions for resuming talks to try to save Tehran's nuclear
deal with world powers, President Emmanuel Macron says. During a phone call with President
Hassan Rouhani, Mr Macron expressed his "strong concern" about the consequences of abandoning
the 2015 accord.
President Donald Trump renewed his attack on the Federal Reserve, saying the central bank
“doesn’t have a clue,” and may be sizing up his two latest picks for Fed governor as successors to
Chairman Jerome Powell. The fresh criticism is consistent with ideas that the president is laying the
groundwork to replace Powell when the chairman’s term is up in 2022, assuming Trump is re-
elected, or will attempt to do so earlier if the Fed doesn’t bend quickly enough to his will.
Trade tensions and uncertainty surrounding Brexit are raising economic risks for the euro area,
prompting France to urge Germany to loosen its purse strings to support growth. "It would be
irresponsible not to examine the need for new investments in the euro zone," French Finance
Minister Bruno Le Maire said on Saturday at an annual economic conference in Aix-en-Provence, in
southern France.
Oil prices rose on Friday after the Organization of the Petroleum Exporting Countries (OPEC) and
allied producers such as Russia, known as OPEC+, supported prices by extending their deal on
supply cuts last week.
Gold prices eased on Monday, following a sharp fall in the previous session, as a strong U.S. jobs
report tempered expectations of an aggressive interest rate cut by the Federal Reserve later this
month.
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 2.25—2.50
July 31,2019
September
18,2019
October 30,2019
December 11,2019
Minister of Industry, Trade and Supply Tareq Hammouri and Palestinian Minister of National Economy Khalid Oseili on Sunday led the
Jordanian-Palestinian ministerial meeting, held at the Ministry of Industry, Trade and Supply. The meeting addressed a number of issues to
boost economic and trade relations between the two countries, according to the Jordan News Agency, Petra. Hammouri and Oseili agreed
on the minutes of the Jordanian-Palestinian ministerial meeting, signed during a meeting between the countries’ prime ministers. In the
appendix, the two sides agreed on the importance of facilitating the transport of goods across the border by activating the door-to-door
transport system instead of the back-to-back system designated by the transport protocol signed by the two countries in 2000.
They also approved Jordan’s suggestion to expand the range and quantity of products included in the Paris Economic Protocol, which
regulates Palestinian trade relations.
The Saudi Fund for Development (SFD) granted Jordan a $50-million concessional loan to support the establishment of new public schools
in different parts of the Kingdom under an agreement signed on Thursday. Signed by Minister of Planning and International Cooperation
and Minister of State for Economic Affairs Mohamad Al-Ississ and SFD Vice President and Managing Director Khalid Bin Sulaiman Al
Khudairi, the loan agreement is part of Saudi Arabia’s commitments to the Kingdom last year during the Mecca summit. Under the Mecca
summit pledges, Saudi Arabia, Kuwait and the UAE agreed to provide a $2.5-billion economic aid package to Jordan over five years. The
package seeks to support the budget, fund development projects, provide credit guarantees to enable Jordan to secure international
financing and place deposits in the Central Bank of Jordan (CBJ).
The UAE Cabinet recently introduced economic substance regulations effective April 30, 2019, which bring additional annual compliance
requirements for UAE entities carrying out 'relevant activities' in the country. This follows international movement by the OECD and EU on
the need for demonstrating substance by entities in low or no tax jurisdictions, and the UAE regulations are broadly similar to the
regulations issued by nine other countries.
Around AED31 billion was generated through 10,000 plus real estate transactions across Abu Dhabi Emirate in first half of 2019, according
to the first biannual report of the Department of Urban Planning and Municipalities, DPM.
Saudi Arabia's economic growth more than halved on a quarterly basis to 1.66% in the first quarter of this year, in line with expectations of
only a modest pick up as oil production cuts weigh on the world's top crude exporter. The Saudi oil sector grew 1% in the first quarter,
government data showed on Sunday. This was almost twice the rate reached in the same period a year ago but a massive slowdown from
the previous quarter, when the oil sector grew by almost 6% year-on-year.
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.