Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

A transaction in the PEX raises the total trading value to the medium level

2017-11-29

 

In the last week of November -with four trading sessions-, Al-Quds Index declined by 1.68% than its previous weekly closing level, to stand at 553.92 points, decreasing from the physiological barriers that have broken through in the last period. Whereby, despite the continuous status of heavy decline in the liquidity levels, which dominated the trading process for several weeks, Palestine Stock Exchange PEX has been refreshed, in this week, by executing a transaction of 3.22 million shares on the stocks of Union Construction and Investment Company UCI, which in turn has raised the total trading value to the medium level. 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 of the financial data disclosures for the year 2017.

 

Regarding this week’s trading, the decrease in the prices of the leading stocks with the highest weights in Al-Quds Index majorly impacted the decline of the index this week. On the other hand, the stock of Union Construction and Investment Company UCI topped the PEX this week due to executing a transaction of its shares, to record trading value of $2.03 million. While the stock stabilized at the level of $0.63 without any change than its previous weekly closing level. However, the stock of the largest investment company by market capitalization – Palestine Development and Investment Company PADICO –secondly topped the PEX when recorded $1.03 million, to close at the level of $1.54; down by 0.65% than is previous weekly closing level after trading in a relatively narrow range. Also, the stock of the largest company by market capitalization – Palestine Telecommunication PALTEL – closed at the level of JD4.53; down by 1.31% than its previous weekly closing level. This followed transactions worth $0.38 million. In the same context, the stock of the largest bank by market capitalization – Bank of Palestine BOP – recorded a decline of 1.21% than its previous weekly closing level, to close at the level of  $2.45 after transactions worth $0.62 million.

 

On the other hand, some of the listed companies continued to schedule their board of directors BOD’s meetings to discuss and approve the financial statements as for the end of November 2017 and to discuss the estimated budget for 2018. Whereby, the BOD of the Vegetable Oil Industries VOIC will be holding a meeting on 13/12/2017.  Also, the BOD of Golden Wheat Mills Company GMC will be holding a meeting on 12/12/2017. In the same context, the BOD of National Insurance Company NIC will be holding a meeting on 18/12/2017. And the BOD of Palestine Islamic Bank ISBK announced a date to hold its meeting on 13/12/2017. On the other hand, the BOD of Palestine Investment Industrial Company PIIC held a meeting on 27/11/2017, whereby, discussed the operating performance of the company and its subsidiaries and affiliates as for the end of October 2017, in addition to the estimated budget for 2018 and the company’s projects.


 

2018-02-22
The PEX records average PE of 13.8x and average P/BV of 1.23x

2018-02-21
NSC posts net income of JD0.37 million at the end of 2017

2018-02-21
UCI records net income of $0.68 million at the end of 2017

2018-02-21
TIC proposes 10% cash dividends for the year 2017

2018-02-19
APC reports net income of JD1.20 million at the end of 2017

2018-02-19
PIBC reports net income of $3.91 million at the end of 2017

2018-02-19
PID realizes net loss of JD0.01 million at the end of 2017

2018-02-19
PRICO realizes net loss of JD13.49 million at the end of 2017

2018-02-19
RSR reports net income of JD0.48 million at the end of 2017

2018-02-19
NIC posts net income of $7.70 million at the end of 2017

2018-02-19
NIC posts net income of $7.70 million at the end of 2017

2018-02-19
JCC posts net income of JD0.51 million at the end of 2017

2018-02-19
ABRAJ records net income of $2.25 million at the end of 2017

2018-02-18
WASSEL posts net income of 0.06 million at the end of 2017

2018-02-18
SANAD records net income of $10.05 million at the end of 2017

2018-02-18
BPC records net income of $10.28 million at the end of 2017

2018-02-18
PADICO posts net income of $5.68 million at the end of 2017

2018-02-18
WATANIYA realizes net losses of $6.64 million at the end of 2017

2018-02-18
NCI posts net income of $0.16 million at the end of 2017

2018-02-18
AHC realizes net losses of JD1.52 million at the end of 2017

2018-02-18
AIB posts net income of $6.40 million at the end of 2017

2018-02-18
JPH records net income of $6.18 million at the end of 2017

2018-02-18
AIG posts net income of $3.12 million at the end of 2017

2018-02-18
JREI posts net income of $0.01 million at the end of 2017

2018-02-18
MIC posts net income of $3.26 million at the end of 2017

2018-02-18
LADAEN records net losses of JD0.05 million at the end of 2017

2018-02-18
PIIC records net income of JD5.50 million at the end of 2017

2018-02-18
AZIZA posts net income of JD3.18 million at the end of 2017

2018-02-18
APC proposes 50% cash dividends for the year 2017

2018-02-18
PALTEL recommends 40% cash dividends for the year 2017

2018-02-18
GUI proposes 20% stocks dividends and 10% cash dividends for the year 2017

2018-02-18
NIC proposes 25% stocks dividends and 25% cash dividends for the year 2017

2018-02-18
ELECTROODE proposes 12% cash dividends for the year 2017

2018-02-18
NAPCO proposes 5% cash dividends for the year 2017

2018-02-18
BOP proposes 13.5% cash dividends for the year 2017

2018-02-18
TRUST proposes 50% stocks dividends and 20% cash dividends for the year 2017

2018-02-15
A momentum in the dividends proposals and varied financial performance for the blue-chips

2018-02-15
TNB posts net income of $9.20 million at the end of 2017

2018-02-15
AQARIYA posts net income of JD 0.39 million at the end of 2017

2018-02-15
PALTEL posts net income of JD70.53 million at the end of 2017

2018-02-15
PALAQAR records net income of JD3.77 million at the end of 2017

2018-02-15
GUI records net income of $3.77 million at the end of 2017

2018-02-15
PEC posts net income of $8.64 million at the end of 2017

2018-02-15
GMC posts net income of JD1.78 million at the end of 2017

2018-02-15
TIC records net income of $2.19 million at the end of 2017

2018-02-15
BJP posts net income of JD1.64 million at the end of 2017

2018-02-15
ISBK records net income of $14.53 million at the end of 2017

2018-02-15
PICO reports net income of $4.79 million at the end of 2017

2018-02-13
TRUST records net income of $5.43 million at the year 2017

2018-02-13
PSE reports net income 0.68 million at the year 2017

2018-02-13
BPC proposes 2.7% stocks dividends and 20% cash dividends for the year 2017

2018-02-13
ELECTRODE posts net income JD0.07 million at the year of 2017

2018-02-12
VOIC posts net income of JD6.83 million at the end of 2017

2018-02-11
APIC reports net income of $17.44 million at the end of 2017

2018-02-08
Inactivity state in the market with the approaching end of the disclosures’ period

2018-02-08
VOIC recommends 60% cash dividends for the year 2017

2018-02-07
QUDS posts net income of $11.18 million for the year 2017

2018-02-06
ARAB reports net income of JD0.05 million for the year 2017

2018-02-05
PCMA and JSC signed memorandum of understanding

2018-02-05
BOP proposes distributing 13.5% cash dividends for the year 2017

2018-02-05
Nasdaq and Palestine Exchange sign new market technology agreement

2018-02-05
BOP reports net income of $54.00 million at the end of 2017

2018-02-01
NAPCO records net income of JD0.46 million at the end of 2017

2018-02-01
Several transactions in the PEX and the companies have started their disclosures

 

 

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