Company Lookup
عربي
 
 

Market News

This Month News

This Month News

send to a friend by email

Al-Quds Index increases amid growing in the dividends proposals momentum for 2023

2024-04-18

 Sahem weekly trading report (14-18)-04-2024

In this week that followed Eid Al-Fiter Holiday, Al-Quds Index recorded an increase of 0.79% than the previous week, to record 548.28 points after trading in a relatively narrow range. While the trading on Palestine Stock Exchange PEX was conservative amid an increase in the momentum of raising the recommendations regarding distributing dividends for the shareholder for the year 2023. On another hand, the PEX entered Q1 financial data disclosures for the year 2024, to add for the investors’ anticipation another degree of accuracy and caution.

Regarding raising the recommendations to distribute dividends for the shareholders for the year 2023, the board of directors of Nablus Surgical Center NSC recommended to the general assembly, which will be holding a meeting on 09/05/2024, distributing 7% stocks dividends for the year 2023, to raise the paid-up capital from JD3.18 million to JD3.40 million. Also, the board of directors of Tamkeen Insurance Company TPIC proposed to the general assembly, which will be holding a meeting on 06/05/2024, distributing 5% stocks dividends for the year 2023, to raise the paid-up capital from $12.48 million to $13.10 million. In addition, the board of directors of Palestine Investment Bank PIBC recommended to the general assembly, which will be holding a meeting on 25/04/2024, distributing 2.5641% stocks dividends for the year 2023, to raise the paid-up capital from $78.00 million to $80.00 million. Moreover, the board of directors of the National Carton Industry Company NCI raised a recommendation to the general assembly, which will be holding a meeting on 23/05/2024, to distribute 12% cash dividends for the year 2023.

On the other hand and regarding approving the dividends distribution for the year 2023, the general assembly of Al-Wataniah Abraj Company ABRAJ held a meeting on18/04/2024, whereby, discussed the recommendation of the board of directors to convert the company from public shareholding company to private shareholding company. Furthermore, the general assembly of the National Insurance Company NIC approved in its meeting on 18/04/2024, distributing 7.246% stocks dividends for the year 2023, to raise the paid-up capital from $17.25 million to $18.50 million. Also, it also approved distributing 5% cash dividends for the year 2023, to record dividends yield of 1.51% based on the price on the entitlement date.


 

2024-05-23
Al-Quds Index records gains with the approaching end of May

2024-05-23
BJP approves distributing 10% cash dividends for the year 2023

2024-05-21
JPH approves distributing 10% cash dividends for the year 2023

2024-05-16
Al-Quds Index continues to decline in mid-May

2024-05-16
APIC approves distributing 6.838% stocks dividends for the year 2023

2024-05-16
MIC proposes distributing 2.50% cash dividends and 12.50% stocks dividends for the year 2023

2024-05-16
PADICO posts net income of $5.78 million in Q1 2024

2024-05-16
PALTEL posts net income of JD6.24 million in Q1 2024

2024-05-15
WASSEL posts net income of $0.11 million in Q1 2024

2024-05-15
NCI posts net income of $0.24 million in Q1 2024

2024-05-15
PRICO realizes net loss of JD0.02 million in Q1 2024

2024-05-15
LADAEN records net income of JD0.01 million in Q1 2024

2024-05-15
ARKAAN posts net income of $8.77 million in Q1 2024

2024-05-14
NSC approves distributing 7% stocks dividends for the year 2023

2024-05-14
PSE records net income of $0.05 million in Q1 2024

2024-05-14
VOIC approves distributing one share for every owned shares and 25% cash dividends for the year 2023

2024-05-09
Al-Quds Index declines amid scarce liquidity

2024-05-09
BJP recommends distributing 10% cash dividends for the year 2023

2024-05-07
TPIC approves distributing 5% stocks dividends for the year 2023

2024-05-02
Al-Quds Index in the green zone amid several transactions execution

 

 

 
Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013
PHP Notice: Undefined index: archive in C:\Inetpub\wwwroot\sahem\menu.php on line 403