Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Scarce trading with the start of the holy month Ramadan

2019-05-09

 Sahem Weekly Trading Report (05-09)-05-2019

With the receding in the wave of holding the general assembly meetings for the listed companies and the start of the holy month Ramadan, the state of lack of liquidity that has dominated the trading process in Palestine Stock Exchange PEX for a while continued, whereby, the ordinary trading value barely records acceptable levels. Where the PEX witnesses recently slow and scarce transactions of Ramadan. On another hand, Al-Quds Index increased by 0.33% than its previous weekly closing level, after its attempts to breakthrough the 530 points level, to stabilize at the level of 529.12 points. Whereby the Index witnesses fluctuations between a slight increase and decrease coinciding with the routine price declining wave in order to balance the prices after the dividends’ distribution. Where with the price routine cycles of the leading stocks prior and after the dividends’ distribution, the main reason for the price movements in the PEX, in general, appear.

Regarding the trading of the leading stocks in this week, the stock of the largest company in the PEX in terms of market capitalization- Palestine Telecommunications PALTEL- increased by 2.25% than its previous weekly closing level and by 1.74% than its equivalent price after approving distributing 40% cash dividends for the year 2018, to close at the level of JD4.09 after trading in a relatively wide range and through transactions worth $0.46 million. On another hand, the stock of the largest investment company in the PEX- Palestine Development and Investment Company PADICO- declined by 0.72% than its previous weekly closing level, to record $1.37 after trading in a relatively narrow range and through transactions worth $0.10 million. In another context, the stock of the largest bank by market capitalization- Bank of Palestine BOP- stabilized at the level of $2.17 without any change than its previous weekly closing level. While the stock is still trading with a decline of 4.82% than its equivalent price after approving distributing 11.50% cash dividends and 2.00% stocks dividends for the year 2018 and through transactions worth $0.13 million. 


 

2021-02-25
The PEX records average PE of 16.6x and average P/BV of 1.10x at the end of 2020

2021-02-25
VOIC recommends distributing 50% cash dividends for 2020

2021-02-24
BPC proposes distributing 2% stocks dividends and 15% cash dividends for the year 2020

2021-02-24
The end of the legal granted period to disclose the prelimanry financial data for 2020

2021-02-22
MIC proposes 8.27% cash dividends for the year 2020

2021-02-21
Al-Quds Index in the red zone and a momentum in the significant news

2021-02-16
NIC proposes distributing 15% stocks dividends and 22.5% cash dividends for the year 2020

2021-02-16
JCC posts net income of JD2.33 million in 2020

2021-02-16
OOREDOO posts net income of $7.54 million in 2020

2021-02-16
PRICO realizes net loss of JD3.57 million in 2020

2021-02-16
PIIC posts net income of JD5.41 million in 2020

2021-02-16
AIB posts net income of $8.01 million in 2020

2021-02-16
PIBC posts net income of $3.27 million in 2020

2021-02-16
LADAEN realizes net loss of JD0.01 million in 2020

2021-02-16
NCI posts net income of $0.80 million in 2020

2021-02-16
WASSEL posts net income of $0.17 million in 2020

2021-02-16
MIC posts net income of $1.28 million in 2020

2021-02-16
JPH posts net income of $3.96 million in 2020

2021-02-16
ARAB posts net income of JD0.54 million in 2020

2021-02-16
PSE posts net income of $0.40 million in 2020

2021-02-16
PID realizes net loss of JD0.83 million in 2020

2021-02-16
BPC posts net income of $7.24 million in 2020

2021-02-16
BJP posts net income of JD0.75 million in 2020

2021-02-16
RSR posts net income of JD0.26 million in 2020

2021-02-16
NSC posts net income of JD0.49 million in 2020

2021-02-16
PEC posts net income of $9.38 million in 2020

2021-02-16
GMC posts net income of JD0.07 million in 2020

2021-02-16
AZIZA posts net income of JD4.57 million in 2020

2021-02-16
AQARIYA posts net income of $0.96 million in 2020

2021-02-16
AHC realizes net loss of JD2.99 million in 2020

2021-02-16
AIG posts net income of $0.76 million in 2020

2021-02-16
TIC posts net income of $2.22 million in 2020

2021-02-16
PALTEL posts net income of JD43.04 million in 2020

2021-02-16
BOP posts net income of $22.88 million in 2020

2021-02-16
PADICO posts net income of $5.07 million in 2020

2021-02-16
NIC posts net income of $7.81 million in 2020

2021-02-16
TNB records net income of $0.31 million in 2020

2021-02-16
QUDS reports net income of $10.90 million in 2020

2021-02-15
GUI reports net income of $2.33 million in 2020

2021-02-15
ISBK posts net income of $11.17 million in 2020

2021-02-15
JREI realizes net loss of $0.04 million in 2020

2021-02-15
PALTEL proposes distributing 30% cash dividends for the year 2020

2021-02-15
VOIC posts net income of JD6.23 million in 2020

2021-02-14
ABRAJ posts net income of $1.28 million at the end of 2020

2021-02-14
APC posts net income of JD0.87 million at the end of 2020

2021-02-14
UCI posted net income of $1.20 million at the end of 2020

2021-02-11
A decline in the Index in anticipation for the next week

2021-02-10
TRUST proposes distributing 10% cash dividends for the year 2020

2021-02-04
Al-Quds Index declines and the start of the annual disclosures acceleration

2021-02-02
NAPCO posts net income of JD0.007 million at the end of 2020

2021-02-01
APIC records net profits of $24.65 million at the end of 2020

 

 

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