Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

The Palestinian Securities Exchange Launches Online Stock Trading

2007-04-24

His Excellency Dr. Hassan Abu Lebdeh, Chairman of the Board and Chief Executive Officer of the Palestine Securities Exchange (PSE) announced today the official launch of “e-trading” (the buying and selling of PSE stocks via the Internet) in the Palestinian Capital Market effective Tuesday, April 24, 2007. His Excellency Dr. Abu Libdeh stated that the inauguration of e-trade in Palestine is expected to attract new investors to the PSE from abroad. The e-trading system is expected to greatly reduce the impediments to trading on the PSE which existed for foreign investors. 

His Excellency Dr. Abu Libdeh stated that e-trade is the latest step in continuing trend of progress and service improvements for PSE investors. The PSE team has worked diligently to ready the internal and external technical support systems to ensure 100% secure online trading activity. According to Dr. Abu Libdeh, “The PSE provided all necessary technical support for the introduction of e-trading systems to our capital market. We have thoroughly examined and tested the safety and security of the e-trading software”.  

He further stated that the PSE intends to launch a 2-month marketing campaign to publicize the PSE’s e-trade initiative, with the assistance of Ramallah-based Zoom Advertising, a public relations and advertising firm which will work with the PSE to actively promote the value of e-trade to Palestinian investors and investors abroad. 

Prior to its announcement, the PSE completed a comprehensive testing phase of the e-trade online software with a target group of PSE clients. The PSE ran the online trading software on its own web site using preliminary test transactions to assure the security and efficiency of the system. Now that the system has been fully tested by the PSE as a regulatory body, Dr. Abu Libdeh urges member brokers of the PSE to launch e-trade services for their clients as quickly as possible.  

E-trading is widely used by investors in most foreign financial markets and on other stock exchanges in the Arab World.

 


 

2017-04-20
Medium liquidity in the quarterly disclosures and dividends distribution seasons

2017-04-20
PEC approves distributing 10% cash dividends for the year 2016

2017-04-19
TNB records net income of $2.77 million in Q1 2017

2017-04-18
BPC approves distributing 20% cash dividends for the year 2016

2017-04-18
VOIC records net income of JD1.07 million for Q1 2017

2017-04-13
Al-Quds Index declines amid anticipation elements’ overlapping

2017-04-13
TRUST approves distributing 15% cash dividends for the year 2016

2017-04-12
JPH proposes 10% cash dividends for the year 2016

2017-04-11
APC records net income of JD0.33 million in Q1 2017

2017-04-11
PIBC proposes 2.35% stocks dividends for the year 2016

2017-04-11
NSC recommends 10% cash dividends for the year 2016

2017-04-11
GUI approves distributing 10% cash dividends for the year 2016

2017-04-10
3G services in 6 months in the West Bank

2017-04-10
BOP approves distributing 2.56% stocks dividends and 10.44% cash dividends for the year 2016

2017-04-10
QUDS proposes distributing 12% stocks dividends for the year 2016

2017-04-06
Dividends approval momentum and a final agreement to run 3G frequencies in the Palestinian markets

2017-04-06
PALTEL approves distributing 40% cash dividends for the year 2016

2017-04-04
PADICO proposes distributing 5% cash dividends for the year 2016

2017-04-03
AIB approves raising its capital to $75 million and distributing 12% cash dividends for the year 2016

2017-04-02
NIC approves 20% cash dividends for the year 2016.

2017-04-02
ISBK approves raising its capital to $69 million and distributing 8.50% cash dividends for the year 2016.

 

 

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