Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Al-Quds Index standstills amid general heaviness

2016-12-01

Sahem Weekly Trading Report (27-11)-(01-12)-2016

Palestine Stock Exchange PEX enters during this period in new routine anticipation with political character. Despite the relative similarity of this period to previous years, but the statistical impact hadn’t been much quantified on the investment appetite or its enclosure. This followed the clear motionlessness status in the PEX despite variations from time to time, which come on some swap deals or exits or any other reason. Away from the anticipation drivers which accelerate throughout the year, this year has witnessed significant increase in trading value and volume as an effect of the record deals. However, the observer and opportunity catcher will not detect any change- regardless its size and trend- - unless with significant features in foundations that will enable the economic growth from one side and the investment from the other side.

The status of heavy decline in the liquidity levels which dominated the trading process for several weeks continued this week too, but the relative stability in the leading stocks contributed in a horizontal trading of Al-Quds Index. In this context, the stock of the Arab Palestinian Investment Company APIC topped the PEX when its transactions contributed in 32.14% from PEX total trading value, to close at the level of $1.91, down by 0.52% than the previous week. The stock of Palestine Telecommunications PALTEL- the largest company by market capitalization- followed when its transactions contributed in 27.10% from total trading value, to decline by 0.79% and close at the level of JD5.05 amid anticipation for the rules and cost of renewing the license. While the stock of Palestine Development and Investment Company PADICO- the largest investment company by market capitalization- stabled at $1.15 without any change, through transactions that contributed in 10.91% from PEX total trading value. On the other hand, the stock of Bank of Palestine BOP – the largest bank by market capitalization- increased by 0.39% to close at the level of $2.57, after transactions that didn’t exceed 7.42% from total trading value.

However, this week witnessed scarcity in the significant news and events of the listed companies. Therefore, the last month of the year will be dominated by anticipation among investors for the final outlook for the financial data disclosures of the year 2016. Regarding some news, it has been announced that Bank of Palestine has joined The Global Alliance for Banking on Values, to be the first bank in the Arab region and the Middle East that have membership of the alliance. According to the announcement, the bank matched several standards and principles for this membership, including: being part of the country that works in, has investment in the real economy,  shrewd lending policy, long term commitment with clients,  solid financial position and adequate profitability, transparency in financial reporting and operations and actually practice these principles.

 


 

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