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The PEX modifies the composition of Al-Quds Index for the year 2024

2024-01-14

Within its yearly modification that coincides with the end of the year 2023, Palestine Stock Exchange PEX reviewed the composition of Al-Quds Index for the year 2024 and made some changes to the companies included in the old composition of the year 2023, whereby, the number of companies are still 16 companies out of 49 listed companies same as the year 2023. While the new composition consists of 2 new companies: Palestine Investment Bank in the banking and financial services sector and Palestine Industrial Investment Company in the investment sector instead of Palestine Electric Company in the services sector and Jerusalem Pharmaceuticals in the industry 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, Al-Quds Bank, and Palestine Investment 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 ,Arkaan Real Estate Company, and Palestine Industrial Investment Company. From the industry sector: Jerusalem Cigarette and Birzeit Pharmaceuticals. And from the services sector: Palestine Telecommunications, and Wataniya Palestine Mobile Telecommunications.