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Several transactions lift market’s transaction value

2018-12-06

Sahem Weekly Trading Report (02-06)-12-2018

In the first week of December, Al-Quds Index traded in a range that didn’t exceed 5.81 points due to a varying in the blue-chips prices’ performance during the week that witnessed different weights impact following the different companies’ market capitalizations. Whereas the liquidity indicator in Palestine Stock Exchange PEX increased significantly to $7.41 million due to executing several transactions on Palestine Telecommunication Company PALTEL and Bank of Palestine BOP. Whereas, their trading value constituted 72.80% from the PEX’s total trading value. The other transactions were slow in movement and scarce in volume. In the same context, Al-Quds Index recorded 525.30 points; to close in the red zone down by 0.35% than its previous weekly closing level.

Regarding this week’s trading, the stock of the largest bank by market capitalization – Bank of Palestine BOP – topped the PEX this week, following executing several transactions on its stocks that worth 1.46 million shares, to close at the level of $2.30; down by 0.43% than its previous weekly closing level, through transactions worth $3.99 million. Moreover, the stock of the largest company by market capitalization - Palestine Telecommunication Company PALTEL- came next, through executing several transactions on its stocks that worth 0.18 million shares, to close at the level of JD4.30; down by 0.69% than its previous weekly closing level, through transactions worth $1.40 million. In the banking and financial services sector, Palestine Islamic Bank ISBK witnessed active trading this week, when its transactions worth $0.56 million. to close at the level of $1.79; down by 1.13% than its previous weekly closing level. On the other hand, Al-Quds Bank QUDS closed upwards by 0.57% than its previous weekly closing level, to close at the level of $1.77 through transactions worth $0.32 million. On another hand, Arab Islamic Bank AIB stabilized at the level of $1.63, through transactions worth $0.21 million.

Regarding the economic indicator and according to the Palestinian Central Bureau of Statistics PCBS, The overall Industrial Production Index IPI in Palestine reached 106.60 during October 2018 with a decrease of 3.06% compared to 109.96 during September 2018 (Base Month December 2015 = 100). Whereby, IPI for October 2018 decreased due to the decrease in the activities of Mining and Quarrying by 12.27% which had a share of 4.06% of the total industry, and the activities of Manufacturing Industry by 3.04% which had a share of 83.19% of the total industry, while the activities of Water Supply, Sewerage, Waste Management and Remediation increased by 12.47% which had a share of 0.78% of the total industry, and the activities of Electricity, Gas, Steam and Air Conditioning Supply increased by 2.88% which had a share of 11.98% of the total industry.


 

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2024-03-21
Al-Quds Index continues to decline amid lack of general liquidity

2024-03-18
AQARIYA records net income of $0.83 million in 2023

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AHC realizes net loss of JD1.67 million in 2023

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JCC posts net income of JD1.77 million in 2023

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GMC posts net income of JD0.003 million in 2023

2024-03-18
SANAD realizes net loss of $5.03 million in 2023

2024-03-18
ISBK posts net income of $4.85 million in 2023

2024-03-18
JREI realizes net loss of $0.10 million in 2023

2024-03-17
NAPCO realizes net loss of JD1.68 million in 2023

2024-03-17
APIC posts net income of $19.05 million in 2023

2024-03-17
SAFABANK realizes net loss of $0.88 million in 2023

2024-03-17
QUDS posts net income of $9.18 million in 2023

2024-03-17
NSC posts net income of JD0.80 million in 2023

2024-03-17
PIBC posts net income of $5.07 million in 2023

2024-03-17
AIB posts net income of $5.52 million in 2023

2024-03-17
ARAB posts net income of JD0.69 million in 2023

2024-03-17
ABRAJ posts net income of $1.02 million in 2023

2024-03-17
TNB posts net income of $14.40 million in 2023

2024-03-17
BOP posts net income of $16.49 million in 2023

2024-03-17
BOP posts net income of $16.49 million in 2023

2024-03-14
Al-Quds Index in the red zone in Ramadan

2024-03-14
BJP posts net income of JD1.84 million in 2023

2024-03-13
RSR posts net income of JD0.33 million in 2023

2024-03-13
PID realizes net loss of JD0.08 million in 2023

2024-03-10
BPC recommends distributing 7% cash dividends for the year 2023

2024-03-10
AMLAK posts net income of $0.07 million in 2023

2024-03-07
Weak trading amid a continuation in the annual data disclosures for 2023

2024-03-05
WASSEL posts net income of $0.54 million in 2023

2024-03-05
PRICO realizes net loss of JD12.10 million in 2023

2024-03-05
UCI posts net income of $1.01 million in 2023

2024-03-03
TIC recommends distributing 15% cash dividends for the year 2023

2024-03-03
ARKAAN realizes net loss of $9.99 million in 2023

2024-03-03
PADICO realizes net loss of $19.34 million in 2023

 

 

 
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