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Ending the legal period for listed companies' semiannual disclosures


Mr.Ahmad Awaida the CEO of the PSE announced the conclusion of the legal period for listed companies for disclosing their semiannual financial results for the year 2008 by the end of the working day of 14 August 2008, and that is under disclosures regulations that grant every company a period of (45) day from the last day of the fiscal year. Mr.Awaida indicated that 32 out of 35 listed and traded company had presented their results in the limited dare, while three companies hadn’t disclose yet which are: 

 Al Quds Bank-

 -Arab Concrete Products

 -Jerusalem Real Estate Investment      



Mr.Awaida pointed out that the current disclosing exceeded %91 which is a perfect percentage, but the PSE is always hoping for full commitment. And he indicated that the PSE and the CMA are making their efforts to deepen the companies" commitment in disclosures and transparency due to their importance in enforcing the fair trading basics. Also Awaida expected that the three companies will disclose upon this week.






Al-Quds Index at its highest level in three years

Al-fiter holiday announcement

Delisting the Arab Palestinian Shopping Center BRAVO from the PEX

Al-Quds Index rebounds upwards in mid-June

Al-Quds Index in the red zone in the second week of Ramadan

New anticipations appear with the start of June



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