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The PEX modifies the composition of Al-Quds Index for the year 2022

2022-01-03

Within its yearly modification that coincides with the end of the year 2021, Palestine Stock Exchange PEX reviewed the composition of Al-Quds Index for the year 2022 and made some changes to the companies included in the old composition of the year 2021, whereby, the number of companies is still the same as the year 2021; 15 companies out of 47 listed companies that represent around 77.11% of the total PEX market capitalization. While the new composition consists of 3 new companies instead of 3 old companies: the Arab Islamic Bank AIB instead of Palestine Investment Bank PIBC in the banking and financial services sector, and Jerusalem Cigarette Company JCC instead of Birzeit Pharmaceuticals Company BPC in the industry sector, and finally the National Insurance Company NIC instead of Ahliea Insurance Group AIG in the insurance sector. The new composition consists of, from the banking and financial services sector: Bank of Palestine, the National Bank, Palestine Islamic Bank, The Arab Islamic Bank and Al-Quds Bank. From the insurance sector: The National Insurance Company. From the investment sector: Palestine Development & Investment “ PADICO HOLDING”, Arab Palestinian Investment “APIC”, Palestine Real Estate Investment and Union Construction & Investment. From the industry sector: Jerusalem Pharmaceuticals and Jerusalem Cigarette. And from the services sector: Palestine Telecommunications, Palestine Electric and Wataniya Palestine Mobile Telecommunications.

 


 

2022-12-08
Al-Quds Index in a narrow range with the approaching end of 2022

2022-12-01
The PEX records average PE of 12.4x and average P/BV of 1.51x in 9M 2022

 

 

 
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