 send to a friend by email
2025-09-18
Sahem weekly trading report (14-18)-09-2025
In this week, Al-Quds Index was confined to a relatively narrow price range, closing in the green zone, at the level of 537.58 points; up by 0.93% than its previous weekly closing level. While a transaction of 3.40 million shares was executed on the stocks of Arkaan Real Estate Company ARKAAN, to raise the trading value to the medium level. On the other hand and according to the expectations, the third quarter financial data disclosures for the listed companies are the most important anticipation for the investors in Palestine Stock Market PEX with their different types. Whereby, the long term investors may formulate a very clear vision about their annual return due to these disclosures, while speculators will follow any price wave that results from the financial disclosure.
Regarding the significant news of this week, a strategic partnership was signed between the Arab Palestinian Investment Company (APIC), Bank of Palestine (BOP), and Massader, the energy investment arm of Palestine Investment Fund (PIF), to establish a pioneering private limited shareholding company under the name "Taqa", dedicated to advancing renewable energy in Palestine. This partnership aims for “Taqa” to become the investment arm of the three companies in the field of renewable energy, once the necessary approvals and regulatory procedures are completed, while ensuring the rights of all relevant parties. At a later stage, this partnership will include the transfer of the shares owned in Qudra Energy Company, which is owned by APIC and BOP, as well as Massader's stake in a number of its solar energy projects and companies, to “Taqa”, following the completion of the required financial, technical, legal, and administrative procedures.
Regarding the economic indicators and according to the Palestinian Central Bureau of Statistics PCBS, significant decline in consumer goods prices was witnessed in Gaza Strip during August 2025, led to a sharp decline in the Consumer Price Index in Gaza Strip by 20.34% compared to July 2025. The index also decreased in Jerusalem by 0.42%, and by 0.25% in the West Bank, this led to a decline in the overall Consumer Price Index in Palestine by 13.53%. On the other hand, the Palestinian CPI during August 2025 increased by 35.46% compared with August 2024 (78.02% in Gaza Strip, and by 0.35% in Jerusalem, while it decreased by 1.57% in the West Bank).
|
|
-trade
