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Al-Quds index records an increase of % 0.31 and Global continued to sell its share in Al QUDS bank.

2009-09-16

Ramallah –Al Ayyam ;  Al Quds index continued to increase  yesterday while the PSE witnessed a large transaction on Al QUDS bank"s share;  where Global  Investment House completed selling its  share in the bank ,bringing the total value of the market to $ 8.5 million, the deal included 7 million shares with total value of $ 6 million at the price of $ 0.85. Al Ayyam newspaper knew that the listed buyers included number of big shareholders in the bank in addition to local investors including Palestinian banking corporation and abroad investors.  The Bank"s share closed the trading session at the level of $0.85, which is the same closing of the previous session. Global, which was affected by the financial crisis had earlier sold its overall share in Palestine real state investment company, Arab Islamic bank and Palestine securities exchange within institutional transactions that had valued more than $ 27 million. Al Quds index closed at 495.17 points with a growth of 1.52 points or %0.31. All sectors indices rose and varied between %0.02 for banking sector and % 1.27 for investment sector. Yesterday 24 companies shares had been traded, 15  shares increased, while 5 shares decreased and 4 remaining companies experienced no change.AIB , AMB, AZIZA, LADEN , GMC , NCI , NIC ,PADICO , PIIC , PID,PRICO,UCI, PALTEL, VOIC  and WASSEL had increased while  AHC , AIG, JCC, BPC, and BOP  decreased while ISBK, PCB, QUDS and PEC  had been stabled .