Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Al-Quds Index in the red zone amid lack of incentives

2018-11-14

Sahem Weekly Trading Report (11-14)-11-2018

In this week with four trading sessions, Al-Quds Index closed this week at the level 529.6 points; down by 0.47% than its previous weekly closing level. This followed slow price movements, amid lack of positive significant news on the listed companies and the bourse in general. In terms of liquidity indicators, it was characterized with relative weakness and scarcity coinciding with the receding in investment incentives. Moreover, Palestine Stock Exchange PEX enters in dampened price status that is inclined to decline, in waiting for positive factors that are to activate the rebounding attempts. Moreover, regarding the economic indicator and according to the Palestinian central bureau of statistics PCBS, The overall Consumer Price Index CPI for Palestine during October 2018 increased by 0.37% compared with September 2018 (by 0.39% in Gaza Strip, by 0.25% in Jerusalem, and by 0.17% in the West Bank).

Regarding this week’s trading, Jerusalem Pharmaceutical Company JPH topped the PEX when its transactions recorded $0.31 million, after executing several transactions on its stock during the week, to close at the level $3.05; down by 0.97% than its previous weekly closing level. Following by the stock of the largest company by market capitalization – Palestine Telecommunication PALTEL –, it stabilized at the level of JD4.34, without any change than its previous weekly closing level. when its transactions recorded $0.26 million. Moreover, regarding the stock of the largest investment company by market capitalization – Palestine Development and Investment Company PADICO – closed at the level of $1.30; up by 0.78% than its previous weekly closing level. through transactions worth $0.04 million. In the banking and financial services sector, the stock of the largest bank by market capitalization – Bank of Palestine BOP – closed at the level of $2.34; down by 0.43% than its previous weekly closing level. When its transactions worth $0.02 million. And in the same sector, Al Quds Bank QUDS closed at the level of $1.80; up by 4.65% than its previous weekly closing level through transactions worth $0.12  million.

In another context, some companies determined dates for holding their board of directors BOD meeting in the coming period. One of the mentioned ones is Arab Company for Paints Products APC, whereby, will be holding a meeting on 22/11/2018. And in the same date, Palestine Real Estate Investment Company PRICO will be holding its BOD meeting, to discuss the budget for the year 2019 and business plan. Also, the BOD of Union Construction And Investment UCI held its meeting on 14/11/2018, and in the same date, the BOD Of Ahliea Insurance Group AIG held a meeting.


 

2020-09-17
Transactions on APIC raise the trading value fiery

2020-09-17
Delisting the stocks of the Arab Real Estate Establishment ARE and Globalcom Telecommunications GCOM from the PEX

2020-09-10
The PEX records average PE of 20.9x in H1 2020

2020-09-03
Al-Quds Index in the green zone amid medium-volume transactions

2020-09-03
PRICO realizes net loss of JD0.73 million in H1 2020

2020-09-03
JCC reports net income of JD0.27 million in H1 2020

2020-09-03
BPC records net income of $3.62 million in H1 2020

2020-09-03
BJP posts net income of JD0.31 million in H1 2020

2020-09-03
BJP posts net income of JD0.31 million in H1 2020

2020-09-03
PIBC posts net income of $1.21 million in H1 2020

2020-09-03
GMC posts net income of JD0.28 million in H1 2020

2020-09-03
WASSEL realizes net loss of $0.19 million in H1 2020

2020-09-03
AHC realizes net income of JD1.49 million in H1 2020

2020-09-03
JPH posts net income of $1.17 million in H1 2020

2020-09-03
TNB realizes net loss of $0.98 million in H1 2020

 

 

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