Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Al-Quds Index rebounds above 530 points amid reluctance to sales

2013-12-11

Weekly Trading Report [08-11/12] 2013

With the approaching end of the current year 2013, the routine transactions accelerate to appear at the end of the year. Some may give a hint to what the New Year entitles, and some may reinforce the balancing of Palestine Stock Exchange PEX, while, others may emphasize the range of investors’ confidence in the attractiveness of the listed companies and retaining their investment centres, in anticipation to a supported growth by the foreign institutional liquidity. Undoubtedly, the PEX’s transactions contain hopes of a satisfactory economic data, or positive changes in the political area, or any achievements to include the PEX within regional indicators for emerging markets. In all cases, the financial and operational performance of the listed companies for 2013 is still the major dominator on the investors’ investment decisions, to monitor the turning points in the nature and essence of their investment plans for the next year.

The PEX- since the beginning of the current month-has witnessed general quietness among all of the liquidity indicators, in parallel to trading concentration on the leading shares- despite its scarcity- due to the absence of new essential incentives. But what must be bear in mind, the approach of the PEX’s investment environment from important investment incentives in the coming weeks, which are the financial results of the Palestinian listed companies that proved -without doubt- a substantial impact and motivation for the liquidity drivers supported by the disclosed figures and statements that were characterized with high competitive and profitable data that was reflected into valuable cash dividends distribution to shareholders. After the horizontal-range trading of Al-Quds Index in the previous week; this week’s trading sessions were limited to four only due to the bad weather situation. The week witnessed positive gradual price increases in Al-Quds Index, to return to trade at the end of the week above the 530 points, to overcome this physiological level that retracted from as the investors entered into the conservatism state, to rebound from and close at the level of 532.14; up by 1.10%, due to the success of the highest weighted share in Al-Quds Index- Palestine Telecommunications PALTEL- to close at an important resistance level.

Regarding this week’s trading, the share of the largest company by market capitalization- Palestine Telecommunications PALTEL- led the increase in Al-Quds Index, when recorded gains of 2.15%, to close at the level of JD5.70- a resistance barrier- through transactions worth $0.70 million. On the other hand, the share of the largest investment company by market capitalization- Palestine Development & Investment PADICO- closed at the level of $1.34; up by 1.52% through transactions worth $0.75 million. In contrast, the share of Bank of Palestine BOP- the largest bank by market capitalization- stabilized at the level of $3.06; to horizontally trade after transactions worth $0.26 million. 

 

 

 

 

 

 

 


 

2017-08-22
RSR reports net income of JD0.22 million in H1 2017

2017-08-22
AHC realizes net loss of JD0.86 million in H1 2017

2017-08-17
Medium liquidity with the end of the legal semi-annual disclosures’ period

2017-08-16
PADICO posts net income of $7.46 million in H1 2017

2017-08-16
PRICO realizes net loss of JD1.28 million in H1 2017

2017-08-16
WASSEL reports net income of 0.07 million in H1 2017

2017-08-16
JCC reports net income of JD0.27 million in H1 2017

2017-08-16
AZIZA reports net income of JD2.20 million in H1 2017

2017-08-16
PID realizes net loss of JD0.03 million in H1 2017

2017-08-16
PIIC records net income of JD3.33 million in H1 2017

2017-08-16
PIBC records net income of $1.97 million in H1 2017

2017-08-16
LADAEN realizes net loss of JD0.50 million in H1 2017

2017-08-15
NCI reports net income of $0.15 million in H1 2017

2017-08-15
PALAQAR reports net income of JD0.07 million in H1 2017

2017-08-15
JREI realizes net loss of $0.17 million in H1 2017

2017-08-15
TIC records net income of $1.33 million in H1 2017

2017-08-15
NSC reports net income of JD0.13 million in H1 2017

2017-08-15
ABRAJ posted net income of $0.18 million in H1 2017

2017-08-14
AQARIYA reports net income of JD0.42 million in H1 2017

2017-08-14
BOP posted net income of $24.72 million in H1 2017

2017-08-14
TRUST posted net income of $2.83 million in H1 2017

2017-08-14
PICO reports net income of $2.13 million in H1 2017

2017-08-14
GMC posted net income of JD0.60 million in H1 2017

2017-08-14
JPH posted net income of $0.76 million in H1 2017

2017-08-14
GUI records net income of $0.96 million in H1 2017

2017-08-14
BPC reports net income of $6.02 million in H1 2017

2017-08-14
TNB records net income of $5.36 million in H1 2017

2017-08-14
PEC reports net income of $5.25 million in H1 2017

2017-08-13
ELECTRODE records net income of JD0.09 in H1 2017

2017-08-13
AIB reports net income of $4.01 million in H1 2017

2017-08-13
NAPCO records net income of JD0.18 million in H1 2017

2017-08-13
APIC reports net income of $7.87 million in H1 2017

2017-08-10
Al-Quds Index increases amid the semi-annual financial data disclosures’ domination

2017-08-09
ARAB records net income of JD0.05 million in H1 2017

2017-08-09
ISBK reports net income of $6.37 million in H1 2017

2017-08-09
APC records net income of JD0.70 million in H1 2017

2017-08-09
MIC posts net income of $1.00 million in H1 2017

2017-08-07
UCI reports net income of $0.54 million in H1 2017

2017-08-07
VOIC posts net income of JD3.39 million in H1 2017

2017-08-07
PSE realizes net loss of $0.10 million in H1 2017

2017-08-07
QUDS reports net income of $6.13 million in H1 2017

2017-08-07
PALTEL records net income of JD33.06 million in H1 2017

2017-08-07
BJP records net income of JD0.59 million in H1 2017

2017-08-03
Executing several transactions raises the market's trading value this week

 

 

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