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2025-08-07
Sahem weekly trading report (03-07)-08-2025
In the first week of August, the general performance of Palestine Stock Exchange PEX was relatively conservative amid relatively weak trading that lacked any momentum and executing institutional transactions that may raise the trading value in the PEX from time to time. On the other hand, Al-Quds Index continued its decreasing, to record 559.37 points; down by 3.58% than the previous week after trading in a relatively wide range. Regarding the blue-chips, they witnessed declines in their prices than the previous week. However, H1 2025 financial data disclosures began to accelerate, whereby, the anticipation for the semi-annual financial data continues to be the most dominating factor on the PEX in this period.
Regarding the listed companies financial and operational data disclosures for H1 2025, the H1 2025 disclosure of Wataniya Palestine Mobile Telecommunications OOREDOO came first between other listed companies. Where the company noted posting net income of $7.48 million in H1 2025 compared to $7.00 million in H1 2024. This mainly resulted from not recording impairment losses in H1 2025 compared to the previous year, in addition to recording an increase in financing revenues. Based on the disclosed data, OOREDOO records book value BV of $0.58, and P/BV of 1.57x. Moreover, Jerusalem Pharmaceuticals Company JPH disclosed posting net income attributable to the shareholders of the parent company of $3.92 million in H1 2025, compared to net income of $1.23 million in H1 2024. This mainly resulted from an increase in the company’s revenues. Based on the disclosed figures, JPH records BV of $4.31, and P/BV of 0.97x.
According to the Palestinian Central Bureau of Statistics PCBS, the overall Industrial Production Index IPI in Palestine reached 74.29 during June 2025 with sharp decrease of 9.41% compared to May 2025 (Base Year 2019). IPI for June 2025 decreased due to the sharp decrease in the activities of manufacturing industry by 11.38%, which had a share of 87.89% of the total industry, the activities of water supply, sewerage, waste management and remediation by 10.96%, which had a share of 1.84% of the total industry, and the activities of mining and quarrying by 4.51%, which had a share of 2.89% of the total industry. While, the activities of electricity, gas, steam and air conditioning supply increased sharply by 6.81%, which had a share of 7.38% of the total industry.
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