Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Continuous inactivity in Palestine Exchange

2015-09-03

Weekly Trading Report [30/08-03/09/ [2015

The political and economic anticipation still dominate the investors’ behaviour in general; in waiting for a positive turning point that may seem as an indicator for the beginning of a reserve trend. With their different volume, some of purchasing bids appear in the prevailing price levels’ depth for some stocks, which in turn might be a supporting factor for the upward rebounding of the Index if any general turning points emerge. Moreover, all parties of the securities’ market agree that institutional and foreign liquidity are the only absent factor in Palestine Stock Exchange PEX. While amid the current cautiousness and reservation state of investors, there is also lack in the speculative movements; leaving the PEX in a state of inactivity despite all of the attractive market indicators. 

During this week, Al-Quds Index traded in a relatively narrow price range despite the attempts of some leading stocks to record significantly higher price levels. While Al-Quds Index barely ended its weak transactions in the green zone following the variation in the final trend of the heaviest weighted stocks. Regarding the liquidity, the transactions of any stock of the listed stocks were not characterized other than the usual routinely since the beginning of the year, to remain in the minimal trading levels. In terms of the most active stocks, the stock of Palestine Telecommunications PALTEL – the largest company by market capitalization- topped the PEX when its transactions constituted 44.84% of the PEX’s trading value, to end the week at the level of JD5.50; up by 1.48%. The stock of Bank of Palestine BOP- the largest bank by market capitalization followed when its transactions constituted 16.90% out of the PEX’s trading value. BOP closed at the level of $2.52; down by 1.18% than its previous closing.

On the other hand, the trading on the stock of Palestine Development and Investment Company PADICO- the largest investment company by market capitalization- was severely weak and slow, when its transactions only constituted 5.11% of the PEX’s trading value. PADICO stabilized at the level of $1.10 without any change than its previous closing. It is worth mentioning that the board of directors of PADICO will be holding a meeting on 06/09/2015. In terms of the trading on the other stocks, some activity was witnessed on the banking sectors’ stocks which some of them recorded significant change. In this context, the trading value of Palestine Commercial Bank PCB increased to record $0.34 million, to close at the level of $0.71; up by 7.58%. Moreover, some movements appears on the stock of Al-Quds bank QUDS to reach $0.20 million and close at the level of $1.07; up by 0.94%.

 


 

2020-02-19
JPH proposes distributing 10% cash dividends for the year 2019

2020-02-17
MIC reports net income of $1.56 million in 2019

2020-02-17
OOREDOO posts net income of $1.12 million in 2019

2020-02-17
GUI reports net income of $1.57 million in 2019

2020-02-17
BPC posts net income of $9.52 million in 2019

2020-02-17
PID realizes net loss of JD0.28 million in 2019

2020-02-17
JPH posts net income of $5.01 million in 2019

2020-02-17
AIG posts net income of $1.21 million in 2019

2020-02-17
JCC records net income of JD0.14 million in 2019

2020-02-16
ISBK posts net income of $14.52 million in 2019

2020-02-16
TIC posts net income of $2.10 million in 2019

2020-02-16
ELECTRODE records net income of JD0.007 million in 2019

2020-02-16
RSR posts net income of JD0.31 million in 2019

2020-02-16
NCI reports net income of $0.29 million in 2019

2020-02-16
PRICO realizes net loss of JD4.60 million in 2019

2020-02-16
WASSEL posts net income of $0.26 million in 2019

2020-02-16
AHC realizes net loss of JD1.25 million in 2019

2020-02-16
PEC reports net income of $12.45 million in 2019

2020-02-16
LADAEN realizes net loss of JD0.06 million in 2019

2020-02-16
PICO posts net income of $0.48 million in 2019

2020-02-16
JREI realizes net loss of $0.28 million in 2019

2020-02-16
NSC posts net income of JD0.59 million in 2019

2020-02-16
PIIC records net income of JD6.14 million in 2019

2020-02-16
PALTEL posts net income of JD63.97 million in 2019

2020-02-16
BOP records net income of $38.94 million in 2019

2020-02-16
TNB posts net income of $18.12 million in 2019

2020-02-16
NIC records net income of $7.17 million in 2019

2020-02-16
PIBC reports net income of $4.52 million in 2019

2020-02-16
AIB records net income of $9.01 million in 2019

2020-02-16
PADICO posts net income of $25.13 million in 2019

2020-02-16
TRUST posts net income of $4.01 million in 2019

2020-02-16
QUDS posts net income of $11.22 million in 2019

2020-02-13
Al-Quds Index at a new psychological barrier that has abandoned since August 2019

2020-02-13
UCI posts net income of $0.86 million at the end of 2019

2020-02-13
GMC reports net income of JD0.82 million at the end of 2019

2020-02-13
AZIZA posts net income of JD3.94 million at the end of 2019

2020-02-12
ABRAJ records net income of $1.46 million at the end of 2019

2020-02-12
BJP posts net income of JD1.37 million at the end of 2019

2020-02-12
VOIC posts net income of JD6.70 million at the end of 2019

2020-02-11
NIC proposes distributing 22.5% cash dividends for the year 2019

2020-02-09
GUI proposes distributing 10% cash dividends for the year 2019

2020-02-06
Al-Quds Index at its highest level since the beginning of the year

2020-02-06
PSE posts net income of $0.60 million at the end of 2019

2020-02-04
BPC proposes distributing 22% cash dividends for the year 2019

2020-02-03
APC records net income of JD0.85 million at the end of 2019

2020-02-03
APC recommends distributing 40% cash dividends for the year 2019

2020-02-03
PALTEL proposes distributing 40% cash dividends for the year 2019

 

 

 
Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013