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Several transactions in the PEX raise the trading value significantly

2026-05-21

 Sahem weekly trading report (17-21)-05-2026

In this week, Palestine Stock Exchange PEX witnessed executing several transactions on the blue-chips and others, to raise the trading value to a relatively high range. Whereby, several transactions of 24.63 million shares were executed on the stocks of the Arab Palestinian Investment Company APIC, and a transaction of 1.00 million shares was executed on the stocks of Arkaan Real Estate Company ARKAAN. While Al-Quds Index witnessed a decline in its price, to close in the red zone after trading in a relatively wide range. On another hand, and after the end of the legal granted period to the listed companies to disclose their financial data for Q1 2026, the listed companies continued to raise their recommendations regarding distributing dividends for the year 2025, where the board of directors of Jerusalem Cigarette  Company JCC raised a recommendation to the general assembly, to distributed 10% cash dividends and 10% stocks dividends for the year 2025, to raise the paid-up capital from JD10 million to JD11 million .

Regarding the financial and operational data disclosures for blue-chips for Q1 2026, the Arab Palestinian Investment Company APIC disclosed posting net income attributable to the shareholders of the parent company of $0.90 million in Q1 2026, compared to net loss attributable to the shareholders of the parent company of $0.32 million in Q1 2025. This mainly resulted from an increase in the company’s revenues. Based on the disclosed figures, APIC records book value BV of $1.43. In the same context, Bank of Palestine BOP disclosed posting net income attributable to the shareholders of the bank of $15.20 million in Q1 2026, compared to $18.75 million in Q1 2025. This mainly came despite an increase in BOP’s revenues and due to the increase in the provisions for expected credit losses. Based on the disclosed figures, BOP records BV of $2.27.

In the banking and financial services sector, Al-Quds Bank QUDS disclosed posting net income attributable to the shareholders of bank of $9.16 million in Q1 2026, compared to $3.75 million in Q1 2025. Where the bank recorded an increase of 23.70% in net income and commissions between the two periods. Based on the disclosed figures, QUDS records BV of $1.57. In the same context, Palestine Islamic Bank ISBK disclosed posting net income attributable to the shareholders of the bank of $1.57 million in Q1 2026, compared to $1.39 million in Q1 2025. This mainly resulted from an increase in the impairment losses. Based on the disclosed figures, ISBK posts BV of $1.54.