Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Institutional transactions lift the trading volume in the PEX

2014-09-11

Sahem Weekly Trading Report [(07-11)-09-2014]

The activity drivers in Palestine Stock Exchange PEX have not changed than in the last few weeks. Where the general outlook that is characterized with political cautiousness and filled with anticipation for solid steps and actions to be taken, remains the main dominant on the investors’ behavior, which in turn is reflected in the varied degrees of optimism or pessimism, to result in this quietness in transactions and  controlled price volatility. This week, none of the leading companies’ shares topped any distinguished trading, where the execution of several large institutional transactions on some of small-medium caps stocks has lifted the trading value significantly in parallel with a relative weakness in volumes on the other shares. 

Regarding this week’s trading, Al-Quds Index decreased by 0.76%, but hasn’t surpassed its last week’s closing during the trading sessions. This decrease came due to a significant decline in Palestine Development and Investment Company PADICO- the largest investment company in terms of market capitalization- by 3.07%, to close at the level of $1.58 after transactions worth $0.75 million. Moreover, the share of Palestine Telecommunications Company PALTEL- the largest company by market capitalization- slightly declined by %0.18, to end the week at the level of JD5.59 after transactions worth $0.45 million. On the other hand, the share of Bank of Palestine BOP- the largest bank by market capitalization- stabilized at the level of $2.80 without any change after transactions worth $0.28 million. The trading value of the Arab Palestinian Investment Company APIC reached $0.23 million, whereby, the share stabilized at the level of $1.11.

The substantial news about companies subsided this week; while the following week will witness holding several leading companies’ boards of directors meetings to discuss the financial results of the companies and other important issues. On the other hand, several positive reports accelerated; some were issued by Palestine Monetary Authority PMA with the title “Financial Stability for the year 2013”, which showed the results of the procedures that have been taken that were reflected in the positive performance of the Palestinian banking sector that clearly appeared in the financial indicators and the banks’ ability in facing the expected and unexpected risks. And within the Palestinian Council of Ministries new decision is approving the national exports strategy that aims to increase the exports volume and integrate with the regional and global economies. Within expectation, this strategy will lead in achieving increases in the exports products during the coming five years by 67%, 13% yearly, and reducing the trade deficit in the goods trade balance, in addition to reducing the excessive dependence on Israel in the exporting and obtaining raw materials and intermediates.

 

 

 

 

 

 


 

2020-05-21
Idleness in trading prior to Eid Al-Fitr holiday

2020-05-21
PIBC approves distributing 4% cash dividends for the year 2019

2020-05-20
APIC proposes distributing 6.74% cash dividends and 6.74% stocks dividends for the year 2019

2020-05-20
UCI posts net income of $0.15 million in Q1 2020

2020-05-19
MIC posts net income of $0.56 million in Q1 2020

2020-05-19
TIC posts net income of $0.83 million in Q1 2020

2020-05-18
SANAD realizes net loss of $0.55 million in Q1 2020

2020-05-18
WASSEL posts net income of $0.03 million in Q1 2020

2020-05-18
TNB posts net income of $7.80 million in Q1 2020

2020-05-18
ELECTRODE realizes net loss of JD0.004 million in Q1 2020

2020-05-18
GUI posts net income of $0.77 million in Q1 2020

2020-05-18
AQARIYA posts net income of $0.08 million in Q1 2020

2020-05-18
JCC posts net income of JD0.09 million in Q1 2020

2020-05-18
OOREDOO posts net income of $1.28 million in Q1 2020

2020-05-18
TRUST posts net income of $1.18 million in Q1 2020

2020-05-17
NCI records net income of $0.09 million in Q1 2020

2020-05-17
PID realizes net loss of JD0.52 million in Q1 2020

2020-05-17
PRICO realizes net loss of JD0.29 million in Q1 2020

2020-05-17
RSR posts net income of JD0.07 million in Q1 2020

2020-05-17
NIC reports net income of $1.18 million in Q1 2020

2020-05-17
PADICO realizes net loss of $0.52 million in Q1 2020

2020-05-17
JPH posts net income of $1.22 million in Q1 2020

2020-05-17
ISBK records net income of $3.09 million in Q1 2020

2020-05-17
JREI realizes net loss of $0.03 million in Q1 2020

2020-05-17
PALTEL posts net income of JD7.03 million in Q1 2020

2020-05-14
Scarce trading and a momentum in the substantial news

2020-05-13
BPC reports net income of $0.99 million in Q1 2020

2020-05-13
VOIC posts net income of JD0.33 million in Q1 2020

2020-05-13
AZIZA posts net income of JD0.99 million in Q1 2020

2020-05-13
LADAEN posts net income of JD0.009 million in Q1 2020

2020-05-13
PIIC posts net income of JD0.64 million in Q1 2020

2020-05-13
PSE realizes net loss of $0.01 million in Q1 2020

2020-05-13
JPH approves distributing 10% cash dividends for the year 2019

2020-05-13
ELECTRODE approves distributing 6% cash dividends for the year 2019

2020-05-10
PEC reports net income of $2.85 million in Q1 2020

2020-05-10
AIB posts net income of $2.00 million in Q1 2020

2020-05-10
GMC posts net income of JD0.19 million in Q1 2020

2020-05-10
ABRAJ posts net income of $0.08 million in Q1 2020

2020-05-07
Al-Quds Index in the red zone amid the start of Q1 2020 financial data disclosures

2020-05-05
PALTEL starts to pay the approved dividends distribution

2020-05-05
NAPCO realizes net loss of JD0.29 million in Q1 2020

2020-05-05
APIC posts $5.12 million net income in Q1 2020

 

 

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