Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Several transactions lift market’s transaction value with the start of routine anticipation for the 9M 2018 financial data disclosures

2018-09-13

Sahem Weekly Trading Report (09-13)-09-2018

Palestine Stock Exchange PEX’s transactions value increased this week by 12.22% to reach $6.71 million, after  trading of 3.91 million shares, when the PEX  witnessed several transactions on some of the listed shares such as Palestine Islamic Bank ISBK, Palestine Development and Investment Company PADICO and Palestine Telecommunication PALTEL.  While Al-Quds Index increased by 0.08% than its previous weekly closing level, to close at the level of 542.29 points. On the other hand, the PEX approaches a routinely anticipation period with the end of September 2018; represented by disclosing the financial and operating results for the first nine months of the current year 2018, to give in turn the green light to vary the roles in terms of supporting and leading Al-Quds Index based on the disclosed data.

Regarding this week’s trading, the stock of the largest company by market capitalization in the PEX – Palestine Telecommunication PALTEL – topped the PEX this week when recorded trading value of $2.69 million. In turn, PALTEL closed at the level JD4.35; up by 0.93% than its previous weekly closing level, following executing several transactions through the week. Followed by the stock of the largest investment company in terms of market capitalization - Palestine Development and Investment Company PADICO - when recorded trading value of $1.20 million, to close at the level of $1.32; up by 0.76% than its previous weekly closing level. Moreover, in the banking and financial services sector, the stock of the largest bank by market capitalization – Bank of Palestine BOP -, it recorded trading value of $0.37 million, to close at the level of $2.46; down by 0.40% than its previous weekly closing level. In the same sector, Palestine Islamic Bank ISBK recorded trading value of $0.70 million, to close at the level of $1.91; down by 0.52% than its previous weekly closing level.

Regarding the significant economic news and according to the Palestinian Central Bureau of Statistics PCBS, The overall Consumer Price Index CPI for Palestine during August 2018 slightly decreased by 0.02% compared with July 2018 (by 0.67% in Gaza Strip, and by 0.32% in the West Bank, while it increased by 0.21% in Jerusalem). However, the Palestinian CPI during August 2018 increased by 0.63% compared with August 2017 (by 1.62% in Jerusalem, and by 1.05% in the West Bank, while it decreased by 0.74% in Gaza Strip). Moreover, the Palestinian CPI during the first eight months of 2018 decreased by 0.34% compared with the same period of the previous year (by 1.39% in Gaza Strip, while it increased by 0.75% in Jerusalem, and by 0.12% in the West Bank).


 

2019-11-14
The PEX records average PE of 12.8x and average P/BV of 1.19x in 9M 2019

2019-11-11
The listed companies in the PEX achieves total net income of $232 million in 9M 2019

2019-11-07
Cross transactions in the last trading session of the week raise the trading value significantly

2019-11-06
JCC realizes net loss of JD0.36 million in 9M 2019

2019-11-06
QUDS posts net income of $8.24 million in 9M 2019

2019-11-06
AHC realizes net loss of JD0.94 million in 9M 2019

2019-11-06
PID realizes net loss of JD0.65 million in 9M 2019

2019-11-06
NIC posts net income of $4.83 million in 9M 2019

2019-11-06
JREI realizes net loss of $0.19 million in 9M 2019

2019-11-06
PALAQAR posts net income of JD0.15 million in 9M 2019

2019-11-06
NSC records net income of JD0.28 million in 9M 2019

2019-11-06
AIB posts net income of $6.52 million in 9M 2019

2019-11-06
RSR posts net income of JD0.17 million in 9M 2019

2019-11-06
ABRAJ posts net income of $0.38 million in 9M 2019

2019-11-06
TIC posts net income of $1.03 million in 9M 2019

2019-11-06
GUI records net income of $0.88 million in 9M 2019

2019-11-06
BOP posts net income of $33.92 million in 9M 2019

2019-11-06
PICO posts net income of $0.11 million in 9M 2019

2019-11-06
UCI posts net income of $0.69 million in 9M 2019

2019-11-06
PADICO posts net income of $23.76 million in 9M 2019

2019-11-06
JPH records net income of $2.76 million in 9M 2019

2019-11-06
OOREDOO realizes net loss of $0.71 million in 9M 2019

2019-11-06
PRICO realizes net loss of JD0.12 million in 9M 2019

2019-11-06
MIC reports net income of $0.81 million in 9M 2019

2019-11-06
PALTEL posts net income of JD46.14 million in 9M 2019

 

 

 
Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013