Why AFIN ?
Rank
The Arab Financial remains at Rank #1 through out 2010 until now, carrying on its legacy for years 2005 , 2006,2008 and 2009.

Market Share
As of Oct 21st , 2010 AFIN market share reached 10.5%

Customer Services
AFIN prides its self on being a leader amongst its peers, marking its stand on the front lines in accommodating our customers. AFIN services extend from customer on-line portfolio log in, research and analysis reports, prompt and timely responses in addition to managing the daily brokerage services in the utmost efficient manner

e-Trade

Company has set the  e-trade portal and is awaiting the activation of the service by the Amman Stock Exchange.


Market Analysis
A thorough analysis for both local and regional markets and companies can be accessed through AFIN’s website. This station portrays available data about the market in terms of financial, technical and fundamental analysis and general information.

Local Economy
GDP 2008
6%

GDP 2009
5.6%

Budget Deficit (JD Million) -2008
692 Million

Budget Deficit (JD Million)-2009
1.449 million

Inflation Rate (%) 2007
4.7%

Inflation Rate (%) 2008
13.9%

Inflation Rate (%) 2009
-0.7%

Market Capitalizations

Market cap for ASE market reached JD 21,076,199,271 By Wednesday Oct 27th in comparison to JD 21,060,939,648 Recorded by the end of the previous session;increase of 0.07%

 

 


Commodities
US Market Update
Name Last Chg % Points
Brent Crude Oil 205,171,232 +11.22 8200
Natural Gas 205,171,232 +7.02 8200
LIGHT CRUDE OIL 205,171,232 +11.22 8200
GOLD 205,171,232 +11.22 8200
SILVER 205,171,232 +7.02 8200
PLATINUM 205,171,232 +11.22 8200
Historical Background
The Arab Financial Investments Company was established in 1994, for the primary objectives of conducting stock-trading activities at Amman Stock Market and working as a broker by commission and for its own portfolio. The company at a later stage acquired a license for financial consultancy, and another license to provide marginal financing which boosted its clientele base and participated in higher revenue.

In the year 2000, a young and motivated management took over the company and reined it to become the prominent firm in the market with remarkable achievements and reputable record.

By the end of year 2005, the company has gone through a new strategic direction with a swap of shares deal with Amwal Invest Company to become a wholly owned subsidiary.

In 2008, The Arab Financial Investment Company resumed trading on the ASE after increasing its Capital to JD15 Millions that gives the company additional liquidity to serves its clients.


The Arab Financial Investment Co. has been showing continuous growth in both its top and bottom lines.

The Company reported net profit of JD 5,185,249 ; JD 2,521,798 ; JD 3,468,580 and JD 5,473,303 in 2005,2006,2007 and 2008 respectively.

AFIN cut down on brokerage commission in 2006 in conformance with the Jordan Securities Commission’s new brokerage commission upper and lower limits.

 

Through its distinguished services, AFIN managed to widen its clientele base to land the biggest share of institutional clients and highest market share in volume traded.

 

Also, due to the impressive quality of its customer services and the high level of efficiency provided by its licensed brokers, AFIN has increasingly been able to attract global and international portfolio managers, which has granted AFIN the largest share of international institutional investors in the local market.

AFIN continues to focus its efforts on elevating the quality of its services through the rigorous training of its already competent personnel and the strict abiding to rules and regulations.      

 

Year

JD Volume Traded

Market Share

Rank

2005

2,983,268,364

8.83%

First 

2006

1,381,117,821

4.90%

First

2007

1,679,592,147

6.80%

Second

2008

3,459,769,460

8.80%

First

2009

2,006,619,944

10.40%

First

 

 
 
Market Today
Market Indices
Sector
Index
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Volume
Closing date: 13-04-2008
Market Movers
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Currencies
US Market Update
Name Rate Chg % Points
Euro / USD 205,1191,232 +11.22 8200
GBP / USD 205,171,232 +7.02 8200
USD / JPY 205,171,232 +11.22 8200
USD/ CHF 205,171,232 +11.22 8200
USD/ CAD 205,171,232 +7.02 8200
AUD / USD 205,171,232 +11.22 8200