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The Palestine Market Index continues to rise amid active trading

2007-09-25

The PSE market index reached a high of 5million JD during yesterday’s session. AlQuds index closed at 495.76 points, a rise of 15.63 points which is an incline by 3.26%.The indexes for the banking sector, industry sector, investment sector and services sector rose by 0.42%, 1.81%, 3.49% and 4.37% respectively. During yesterdays trading session 21 companies shares escalated of which 12 companies shares rose, 5 companies shares fell and 4 remained stabile. Companies shares that rose were AMB,BOP,PIBC,BPC,JPH,UCI,LADAEN,GMC,PADICO,WASSEL and PALTEL.As for companies shares that retreated, they are AIB,QUDS,AIG,PRICO and PEC. Whereas PID, NCI, JCC and PIIC maintained therir stability. The market maintained active trading where 1,497,814 shares were traded within 1,056 contracts for a total value of 4,911,083JD.PALTEL was in the lead, continuing to rise by 5% and a total market value of 2,294,999JD.