Richard Melson

May 2005

JIF

www.jifbank.com

Head Office:

Issam Ajlouni Street

opposite to Amman Chamber of Commerce

Shmaisani - Amman

·         Tel: 5665145 - 5692470

·         P.O. Box: 950601 Amman 11195

·         Telex: 23181/2 - 24161 JIFBANK JO

·         Fax: 5681410

·         Reuters JIFB

The Market has witnessed calm trading activities today.

The ASE Index finished its daily session at 6225.2 pts, a slight decrease of 0.59%.

The stock price of Jordan Investment & Tourism Transport (ALFA), which trades at a PE of 16.95(x), jumped 4.68% to close at JD1.34 on heavy trading.

Meanwhile, Arab Bank's (ARBK) share price went down by 0.74% to end at JD40.00. For more information on today's trading session, please find the attached Daily Market View (ASE) for Monday,

May 16, 2005. May 16.pdf

Best Regards,

Research Department Jordan Investment & Finance Bank

Tel: (+962 6) 5665145 Ext 471 Fax: (+962 6) 5622405

www.jifbank.com

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Daily Market View (ASE)

JIF Bank Research

research@jifbank.com

Monday, May 16, 2005

Attachment: May16.pdf

(0.07 MB)

May 16, 2005