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Al-Quds Index in the red zone with the start of the holy month Ramadan

2026-02-19

 Sahem weekly trading report (15-19)-02-2026

This week and with the start of the holy month Ramadan, Al-Quds Index closed in the red zone after trading in a relatively narrow range. While Palestine Stock Exchange PEX is still characterized with relative quietness and scarceness in normal liquidity coinciding with the routine trading of the holy month Ramadan. While, a transaction of 1.90 million stocks was executed on the stocks of Al-Quds Bank QUDS in the last trading session of the week, to raise the trading value to a relatively medium range.  On the other hand, the significant news on the listed companies witnessed a momentum.

Regarding the listed companies financial and operational data disclosures for the year 2025, the Arab Palestinian Investment Company APIC disclosed posting net income attributable to the shareholders of the parent company of $8.13 million in 2025, compared to $8.03 million in 2024. This mainly resulted from an increase in gross sales. Based on the disclosed figures, APIC posts book value of $1.67. In the banking sector, Bank of Palestine BOP disclosed posting net income attributable to the shareholders of the bank of $53.36 million in 2025, compared to realizing net loss attributable to the shareholders of the parent company of $28.90 million in 2024. This mainly resulted from a decline of 42% in the expected credit loss provisions. Based on the disclosed figures, BOP records book value of $2.23.

Regarding the dividends distribution proposals for the year 2025, the board of directors of the National Insurance Company NIC proposed to the general assembly, which will be holding a meeting on 16/04/2026, distributing 18% cash dividends for the year 2025, to record dividends yield of 6% based on the current market price. Also, the board of directors of Al-Takaful Palestinian Insurance Company TIC proposed to the general assembly, which will be holding a meeting on 20/04/2026, distributing 15% cash dividends for the year 2025, to record dividends yield of 5.26% based on the current market price. On the other hand, the board of directors of the Golden Wheat Mills GMC proposed to the general assembly, which will be holding a meeting on 21/04/2026, distributing 15% cash dividends for the year 2025, to record dividends yield of 9.62% based on the current market price.