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2026-05-14
Sahem weekly trading report (10-14)-05-2026
With mid-May, Al-Quds Index recorded a decline than the previous week, to close in the red zone after trading in a relatively wide range. While most blue-chips with heaviest weights and effects on Al-Quds Index witnessed increases in their prices, except the stock of Palestine Telecommunications Company PALTEL which declined coinciding with approving the dividends distribution for the year 2025. On the other hand, a transaction of 0.60 million shares was executed on the stocks of Bank of Palestine BOP in the last trading session on the week. Where, with the receding of the wave of holding the general assembly meetings in order to approve the dividends distribution for the year 2025, and the approaching end of the legal period granted to the listed companies to disclose their Q1 2026 financial data, Palestine Stock Exchange PEX witnessed a momentum in the significant news for this week.
Regarding the financial and operational data disclosures for blue-chips for Q1 2026, Palestine Development and Investment Company PADICO disclosed posting net income attributable to the shareholders of the parent company of $9.66 million in Q1 2026, compared to $6.26 million in Q1 2025. This mainly resulted from an increase in the company’s revenues and decline its other losses or expenses. Based on the disclosed figures, PADICO record book value BV of $1.92. In the same context, Palestine Telecommunications Company PALTEL disclosed posting net income attributable to the shareholders of the parent company of JD12.21 million in Q1 2026, compared to JD7.89 million in Q1 2025. This mainly resulted from an increase in PALTEL’s revenues. Based on the disclosed figures, PALTEL records BV of JD1.84. On another hand, the general assembly of Palestine Telecommunications PALTEL approved in its meeting on 11/05/2026, distributing 30% cash dividends for the year 2025, to record dividends yield of 5.31% based on the price on the entitlement date.
In the same context, Arkaan Real Estate Company disclosed posting net income attributable to the shareholders of the parent company of $9.16 million in Q1 2026, compared to $13.69 million in Q1 2025. This mainly resulted from recording losses of $3.04 million from selling or valuation of financial assets at fair value through profit and a decline in profits from financial assets distribution. Based on the disclosed figures, ARKAAN records BV of $3.87. In another context, Birzeit Pharmaceuticals Company BPC disclosed posting net income attributable to the shareholders of the parent company of $1.98 million in Q1 2026, compared to $1.34 million in Q1 2025. This mainly resulted from an increase in the company’s sales and recording profits from currency exchange. Based on the disclosed figures, BPC posts BV of $2.95.
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