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A Balance in Al Quds Index amid continuity of lack liquidity

2015-07-09

Weekly Trading Report 05-09/07/ 2015

Within relatively expected liquidity scarcity, the trading range of Al-Quds Index expanded in this week even if slightly. This was attributed by some of the blue-chips as they touched higher levels than previous weeks. In the same context, the lack of selling offers in the depth of listed companies’ shares can be a major factor of breaking through new levels especially with the absence of substantial news prior to the semiannual financial statements disclosure period. On the other hand, with the diminishing of reasons that can change the trading nature of the holy month of Ramadan in Palestine Stock Exchange PEX this year; trading conservatism amid this horizontal trend is considered a serious awareness factor in the investment feasibility in the PEX, even if a category from traders is losing the appetite for investment and risk in general due to lack of progress.

Regarding this week’s trading and within the routine calmness, the PEX’s aggregate movement witnessed an increase amid an expansion in the trading of some listed companies. The semi-annual financial statements disclosures remain the only current anticipation factor and trading movement driver in the coming period if recorded growth even if slight. During the week, the share of Palestine Development and Investment Company PADICO- the largest investment company by market capitalization- witnessed noticeable performance when exceeded prices levels away from the routine levels of the previous period, while ended its $0.39 million transactions without a change at the level of $1.17.

On the other hand, Palestine Telecommunications PALTEL- the largest company by market capitalization- increased slightly by 0.75% closing at JD 5.40 after transactions that valued at $0.31 million. While Bank of Palestine BOP - the largest bank by market capitalization- dropped by 0.78%, closing at the level of $2.53 following transactions of $0.35 million. In terms of liquidity, trading value for the Vegetable Oil Industries VOIC increased to reach $0.27. As for Arab Hotels Company AHC, trading value increased to record $0.10 million. In another context, listed companies have started to schedule their board of directors meetings in order to discuss and adopt the semiannual financial data prior for announcement, where the applicable law grants the companies a period of a month and a half that starts after the end of the first six months and ends at the mid of August.

 


 

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

 

 

 
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