Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Thomas Murray Limited upgrades the Counterparty Risk (CR) rating for the Palestine Exchange (PEX) from “A-” to “A”

2013-07-18

The Palestine Exchange announced that the Counterparty Risk (CR) rating for the Palestine CDS has been upgraded from “A-” to “A” by Thomas Murray Limited. Meanwhile, the overall proprietary rating remains at “A-”. The CR rating upgrade reflects the new DVP settlement arrangements at the Palestine CDS, including the launching of cash settlement processing through the Palestine Monetary Authority (PMA) in March 2013.

Ahmad Aweidah, CEO of the Palestine Exchange said:

"This upgrade corresponds to the PEX performance within best international practices and the recommendations of the International Organization of Securities Commissions (IOSCO) and the Bank for International Settlement (BIS)." Aweidah hoped that this step will enhance investor"s confidence in the Palestine Exchange and attract more investments.

Thomas Murray was established in 1994. It tracks and analyses over 250 custodians globally and monitors the risk of over 100 capital market infrastructures and maintains proprietary assessments of over 130 CSDs globally, it has a strong position as a provider of public and private ratings and risk assessments on global custodians, domestic custodian banks and capital market infrastructures.

 

 

 

 

 


 

2020-09-24
Al-Quds Index below the 440 points level amid scarce liquidity

2020-09-17
Transactions on APIC raise the trading value fiery

2020-09-17
Delisting the stocks of the Arab Real Estate Establishment ARE and Globalcom Telecommunications GCOM from the PEX

2020-09-10
The PEX records average PE of 20.9x in H1 2020

2020-09-03
Al-Quds Index in the green zone amid medium-volume transactions

2020-09-03
PRICO realizes net loss of JD0.73 million in H1 2020

2020-09-03
JCC reports net income of JD0.27 million in H1 2020

2020-09-03
BPC records net income of $3.62 million in H1 2020

2020-09-03
BJP posts net income of JD0.31 million in H1 2020

2020-09-03
BJP posts net income of JD0.31 million in H1 2020

2020-09-03
PIBC posts net income of $1.21 million in H1 2020

2020-09-03
GMC posts net income of JD0.28 million in H1 2020

2020-09-03
WASSEL realizes net loss of $0.19 million in H1 2020

2020-09-03
AHC realizes net income of JD1.49 million in H1 2020

2020-09-03
JPH posts net income of $1.17 million in H1 2020

2020-09-03
TNB realizes net loss of $0.98 million in H1 2020

 

 

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