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2026-04-23
Sahem weekly trading report (20-23)-04-2026
Al-Quds Index recorded- in this week with four trading sessions- an increase than the previous week after trading in a relatively narrow range. This came due to the increase in the prices of most blue-chips with heaviest weights in Al-Quds Index. On the other hand, Palestine Stock Exchange PEX witnessed a momentum in approving the dividends distribution for the year 2025 and in raising the recommendations to distribute dividends as well. While it also entered a new anticipation phase of the quarterly financial data disclosures for Q1 2026, to raise the investors’ anticipation.
Regarding the dividends distribution approvals for the year 2025, the general assembly of the Golden Wheat Mills GMC approved in its meeting on 21/04/2026, distributing 15% cash dividends for the year 2025, to record dividends yield of 8.29% based on the price on the entitlement date. Also, the general assembly of the Golden Wheat Mills GMC approved in its meeting on 21/04/2026, distributing 15% cash dividends for the year 2025, to record dividends yield of 8.29% based on the price on the entitlement date. In the same context, the general assembly of Al-Quds Bank QUDS approved in its meeting on 20/04/2026, distributing 9% cash dividends for the year 2025, to record dividends yield of 6.82% based on the price on the entitlement date. It also approved distributing 2% stocks dividend for the year 2025, to raise the paid-up capital from $110.25 million to $112.46 million. In addition, the general assembly of Jerusalem Pharmaceutical Company JPH approved in its meeting on 15/04/2026, distributing 15% cash dividends for the year 2025, to record dividends yield of 2.46% based on the price on the entitlement date. It also approved distributing 100% stocks dividends for the shareholders for the year 2025, to raise the paid-up capital from $18.00 million to $36.00 million.
In the insurance sector, the general assembly of Tamkeen Insurance Company TPIC approved in its meeting on 21/04/2026, distributing 5% cash dividends for the year 2025, to record dividends yield of 2.50% based on the price on the entitlement date. Also, the general assembly of Trust International Insurance Company TRUST approved in its meeting on 21/04/2026, distributing 10% cash dividends for the year 2025, to record dividends yield of 3.45% based on the price on the entitlement date. In addition, the general assembly of Al-Takaful Palestinian Insurance Company TIC approved in its meeting on 20/04/2026, distributing 15% cash dividends for the year 2025, to record dividends yield of 4.01% based on the price on the entitlement date. Also, the general assembly of the National Insurance Company NIC approved on its meeting on 16/04/2026, distributing 18% cash dividends for the year 2025, to record dividends yield of 5.45% based on the price on the entitlement date. On the other hand, the board of directors of Palestine Insurance Company PICO proposed to the general assembly, which will be holding a meeting on 05/05/2026, distributing 9.09% stocks dividends for the year 2025, to raise the paid-up capital from $11.00 million to $12.00 million.
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