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Palestine Securities Exchange exceeds last year's trading value

2008-06-15

Mr. Khaled Al-Jeian the acting CEO of Palestine securities exchange stated that "the trading value until the end of trading session of Sunday 15 June, 2008 had exceeded the aggregate trading value that had been attained last year regarding the statistical data that had been issued by the PSE today. He said that trading value that the PSE vouched since the beginning of this year had reached $820.8 with growth rate of %0.78 versus last year, and it had been amounted by executing 93,511 contracts within trading 222.4 million shares. While trading value for last year reached $813.5 million within approximately 300 million shares through 157,300 contracts. Al-Jeian added that despite Al-Quds index decline this Sunday by %0.78, but it ended rising up by %31.52 versus the ending of the last year. Al-Jeian indicated that Al_Quds index had came first within the Arab stock market indices rise since the beginning of the year after the Omani stock market by %32.52 versus it performance in the same time of the last year, where market capitalization reached $3.1 billion up to date versus $2.1 billion in the same period last year, which reflects a growth rate of %44.8.