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The winds of fear from abroad continue to overshadow the good news at home

2008-10-26

 

Palestine securities exchange index continued declining last week by 16.34 points (%2.90), to increase its loses in 5 weeks to 127 points or %18.8 affected by the continuing panic status in the global and regional financial markets despite the good news about the companies" performance and the flow of abroad donations on a higher rate than was expected. In a new push for the Palestinian economy where government payments are considered its essential engine in this phase, the US had provided an additional donation to the PNA"s treasury that reached $150 million to make their donations exceed $300 million for this year, and it is expected to exceed $700 million within adding the financed projects by the US. Also Italy provided a donation of Euro 20 million, and the EU announced also new financing for infrastructure projects in roads and electricity sectors. These developments assure the Prime Minister Dr.Salam Fayyad"s expectations that the outside donations will not be effected by the global financial crisis. Regarding the companies" performance, out of 17 listed companies who disclosed their third quarter financials, 16 companies declared profits versus one company that had announced loss. And among the gaining companies, the financial statements of 12 companies indicated a growth in their income for the first nine months of the year, and some companies" net income exceeded the whole income for the last year, where the 4 remaining companies showed a decline in their income in the third quarter comparing with the same period of last year. These results justify the analysts wonder from the unjustified fear status in the PSE. Last week Al-Quds index closed at the level of 546.75 points declining by %2.90 comparing with last week, affected by the decline of all the sectors" indices in the market with remarkable percentages that varied between %1.14 for banking sector and %4.59 for investment sector.  

 

 


 

2017-04-30
VOIC approves distributing 60% cash dividends for the year 2016

2017-04-30
Acceleration in the quarterly disclosures’ pace and dividends distribution momentum

2017-04-26
UCI reports net income of $0.18 million in Q1 2017

2017-04-25
PSE realizes net loss of $0.27 million in Q1 2017

2017-04-25
JREI realizes net loss of $0.07 million in Q1 2017

2017-04-25
AIB reports net income of $1.55 million in Q1 2017

2017-04-25
BJP posts net income of JD0.89 million in Q1 2017

2017-04-25
WATANIYA realizes net loss of $1.12 million in Q1 2017

2017-04-25
NAPCO records net income of JD0.13 million in Q1 2017

2017-04-25
APIC approves distributing 6.06% stock dividends and 6% cash dividends for 2016

2017-04-25
APIC records net income of $3.57 million in Q1 2017

2017-04-23
PEC records net income of $3.60 million in Q1 2017

2017-04-23
TNB approves distributing 5% cash dividends for the year 2016

2017-04-23
Bravo realizes net loss of JD0.13 million in Q1 2017

2017-04-20
Medium liquidity in the quarterly disclosures and dividends distribution seasons

2017-04-20
PEC approves distributing 10% cash dividends for the year 2016

2017-04-19
TNB records net income of $2.77 million in Q1 2017

2017-04-18
BPC approves distributing 20% cash dividends for the year 2016

2017-04-18
VOIC records net income of JD1.07 million for Q1 2017

2017-04-13
Al-Quds Index declines amid anticipation elements’ overlapping

2017-04-13
TRUST approves distributing 15% cash dividends for the year 2016

2017-04-12
JPH proposes 10% cash dividends for the year 2016

2017-04-11
APC records net income of JD0.33 million in Q1 2017

2017-04-11
PIBC proposes 2.35% stocks dividends for the year 2016

2017-04-11
NSC recommends 10% cash dividends for the year 2016

2017-04-11
GUI approves distributing 10% cash dividends for the year 2016

2017-04-10
3G services in 6 months in the West Bank

2017-04-10
BOP approves distributing 2.56% stocks dividends and 10.44% cash dividends for the year 2016

2017-04-10
QUDS proposes distributing 12% stocks dividends for the year 2016

2017-04-06
Dividends approval momentum and a final agreement to run 3G frequencies in the Palestinian markets

2017-04-06
PALTEL approves distributing 40% cash dividends for the year 2016

2017-04-04
PADICO proposes distributing 5% cash dividends for the year 2016

2017-04-03
AIB approves raising its capital to $75 million and distributing 12% cash dividends for the year 2016

2017-04-02
NIC approves 20% cash dividends for the year 2016.

2017-04-02
ISBK approves raising its capital to $69 million and distributing 8.50% cash dividends for the year 2016.

 

 

 
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