send to a friend by email

Decline in market activity and scarcity in offers raises Al-Quds index

2008-07-06

Pessimism had overwhelmed the different statements regarding the national dialogue, as more the pacification in Gaza had varied in parallel with Hamas declaration of halting the negotiations on the deal of releasing Shaleat because of Israel"s failure to commit in the two sides pacification. The events on Rafah crossing point had returned to affect Palestine securities market which its activity declined last week, while Al-Quds index came back to penetrate the level of 700 points due to the scarcity of offers within the anticipation of the semiannual results of the listed companies. Al-Quds index closes at the level of 703.71 points rising up by 9.19 points or %1.32 versus the closing of the previous weak 694.52 points, enhanced by the increase three sectors against the decline of the two other sectors.