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PSE in a week … the companies start disclosing and Al-Quds index closes increasing for the first time in 5 weeks

2009-07-26

Jafar Sadaq wrote:

Palestine Securities Exchange witnessed in the last trading session of last week inheritance transactions which led to a remarkable increase in transactions volume by %450. Average trading volume raised by %447 to reach 1.50 million shares on daily basis from about 272 thousands in the previous week, while average trading value rose by %163.56 to reach $1.90 million from about $727 thousands in the previous week. In aggregate, the market witnessed 788 contracts to constitute trading of 5.96 million shares that valued $7.67 million, comparing to 1455 contracts in the previous week that constituted 1.86 million shares of a value of $3.64 million. In general (28) companies’ shares were traded, where (12) of them witnessed an increase in their closing prices, (11) witnessed decrease while (5) remaining companies’ shares stabled. The jump in activity increase had convoyed by a growth in Al-Quds index which closed the week"s transactions at 495.30 points rising for the first time from 5 weeks by %0.22 or 1.08 points.