Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Stock prices return to the levels of 2004 and create vast opportunities for repurchasing

2008-11-30

"What is happening (in the Palestinian stock market) is not understandable at all, the banking system is good, lending is available, and we do not suffer of liquidity crisis or decline in economic activity, and public spending is rising, and the real estate sector is in a major expansion, the loan guarantee programs have multiplied dozens of times, and there is no single company that suffers from a crisis, so why there is a significant decline?". That was what Dr.Amin Haddad the general manager of the Palestinian Banking Corporation had expressed about his surprise regarding the continuing series of bleeding in the Palestinian Stock Market, which had ignored the assurances from the officials and economists and academics. And the weirdest matter is to ignore the most surprising performance that had been showed by the companies" disclosures which are moving towards unprecedented profits this year. Despite the performance of the companies and all assurances, with the closure of last week"s trading the share prices returned to the levels of 2004, erasing the huge gains they achieved in 2005 and the first half of this year. In the last week the Palestinian shares lost approximately $188 from its market capitalization due to a decline in Al-Quds index by %10.69 to close at the level of 416.90 points which is the minimum level that had reached since 26 August 2007.

 


 

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.

 

 

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