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Palestine Exchange seeks frontier status with Morgan Stanley

2011-11-13

The CEO of Palestine Stock Exchange, Mr. Ahmad Aweidah revealed about “advanced negotiations” to sell shares in PEX to Local, Regional & International institutions, in a preliminary step to be listed for trading. Mr. Aweidah said that “there are arrangements to sell a portion of PADICO’s stake to other local & foreign partners, and as soon as this is completed, PEX’s shared will be listed”.

 Mr. Aweidah pointed out that there are attempts to list Palestine Stock Exchange in MSCI Emerging Markets Index; this will draw the attention of many investment funds targeting emerging markets.

 A new company will be listed in Palestine Stock Exchange on the 30th of December 2011; the National Aluminum & Profile Company NAPCO, bringing the number of listed companies in 2011 to 7; which is a unique record in terms of new listings within one year since launching of PEX in 1997.

 The brokerage firms in Palestine Stock Exchange were negatively affected by the weak trading which constitute their main source of income, leading them to a thinks about mergers. In this area, “Jordan & Palestine Financial Investment Company” & “Target Investment & Securities” finished their merging procedures and it is scheduled to announce about the new merged company soon.


 

2017-11-16
Al-Quds Index in the red zone amid lack of drivers

2017-11-12
Bank of Palestine opens a representative office in Chile

2017-11-09
The PEX records average PE ratio of 12.2x in 9M 2017

2017-11-08
GUI posts net income of $0.80 million in 9M 2017

2017-11-08
AIG reports net income of $1.21 million in 9M 2017

2017-11-02
A decline in Al-Quds Index with the end of the disclosures’ legal period

2017-11-01
RSR records net income of JD0.43 million in 9M 2017

2017-11-01
NSC posts net income of JD0.24 million in 9M 2017

2017-11-01
TIC records net income of $1.79 million in 9M 2017

2017-11-01
PICO reports net income of $2.16 million in 9M 2017

2017-11-01
AQARIYA records net income of JD0.40 million in 9M 2017

2017-11-01
PRICO realizes net loss of JD3.97 million in 9M 2017

2017-11-01
TRUST reports net income of $3.40 million in 9M 2017

2017-11-01
MIC posts income of $1.01 million in 9M 2017

2017-11-01
PADICO posts net income of $11.95 million in 9M 2017

2017-11-01
BOP records net income of $38.54 million in 9M 2017

2017-11-01
WASSEL records net income of $0.02 million in 9M 2017

2017-11-01
AIB reports net income of $5.83 million in 9M 2017

2017-11-01
NIC posts net income of $4.04 million in 9M 2017

2017-11-01
JPH reports net income of $1.91 million in 9M 2017

2017-11-01
JREI realizes net loss of $0.22 million in 9M 2017

2017-11-01
AHC realizes net loss of JD1.10 million in 9M 2017

2017-11-01
ELECTRODE posts net income of JD0.05 million in 9M 2017

2017-11-01
PID posts net income of JD 0.01 million in 9M 2017

 

 

 
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