Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Palestine Securities Exchange holds an advanced position in the world ranking for capital markets within the standard of protecting investors

2008-11-23

A recent study by the Economy Watch for businesses database in the world within the standard of protecting investors in the capital markets for the year of 2008, showed that Palestine Securities Exchange holds an advanced position within this standard when it had attained the second rank on the Arab world level after Kuwait and the rank of 33 on the world wide level among 178 countries that had been comprehend in the study. The study covers the classification of most financial markets in the world within the standard of protecting investors in capital markets, considering it as an important criterion in dealing with the protection of small shareholders and investor protection; it contains three essential points: transparency in transactions, and responsibility for self-dealing, the index of investor protection. In the details of the classification of Arab capital markets on the basis of working to protect investors, the study shows that the State of Kuwait is ranked first among the Arab countries by ranking 19 in the classification, and it was followed by Palestine to be in the second rank among the Arab countries and 33 among the classification while Saudi Arabia had been ranked 50 and followed by Lebanon and Egypt in 83 rank, then Jordan, Syria, Iraq and UAE in rank number 107, while Yemen in 122 then Sudan in 141 and Tunisia in 147 and Morocco in 158. In his comments on the classification, the CEO of the PSE Mr.Ahmad Awaida assured that this position that had been attained by the PSE comparing to the regional and global financial markets assures the advanced level reached by the market and reflects the status of ongoing development at all levels of the Palestinian Stock Exchange. And added that the PSE is continuing to seek on a permanent basis to provide a secure investment environment and attract foreign investment and to insure requirements for the protection of investors, In addition to the development of electronic systems as part of its efforts to attain an advanced position among regional and global capital markets, and keep pace with recent developments in financial markets. At the same classification, the results of the classification level on global capital markets within the standard of investor protection, New Zealand which was identified within the Organization for Economic Cooperation and Development in the region, ranked first in 2008 in the world, followed by Singapore in second place, and then Hong Kong in second and China in third place. In the same study, Malaysia had held a leading position by attaining the fourth place, followed in fifth place was: the United States, Canada, Ireland, Israel, Britain and South Africa came in the ninth position, while Afghanistan was in the bottom obtaining rank of 178.
It is worth to mention that the study can be found by following the link on the Economy Watch
http://www.economywatch.com/doing-business/protecting-investors.html

 

 

 

 

 

 

 

 

 


 

2017-06-22
Al-Quds Index at its highest level in three years

2017-06-21
Al-fiter holiday announcement

2017-06-19
Delisting the Arab Palestinian Shopping Center BRAVO from the PEX

2017-06-15
Al-Quds Index rebounds upwards in mid-June

2017-06-08
Al-Quds Index in the red zone in the second week of Ramadan

2017-06-01
New anticipations appear with the start of June

 

 

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