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PSE: $40 million is the trading value in last November


Palestine Securities Exchange had issued the twentieth edition of its monthly statistical report (Tadawul), which summarized the performance of the market and Al-Quds index in addition to trading volumes and values during the month of November 2008. "Tadawul" showed a decline in the performance of the market in terms of trading value during the period of last November, where Al-Quds index and trading value of shares trade had descended compared with the month of October before.


Al-Quds index performance in November:

Comparing the month of November with the previous month, "Tadawul" indicated that Al-Quds index closed the end of November 2008 at the level of 423.53 points, down by 115.32 points that is %21.40 versus its closing of 30/10/2008.This decline came within the declining of all sectors indices except the insurance sector, which rose % 0.07to close at 60.10 points, on the contrary banking sector"s index fell by %9.19  to close at 77.12 points, industry sector"s index fell by  %10.27to close At 54.63 points, as well as the investment sector index declined by %20.15 to close at 22.71 points, and finally the services sector index declined by %24.79 and closed at 41.96 points.


Trading volumes and values:

Regarding trading values and volumes, statistics showed a rise in the number of shares traded during the month of November by concrete compared to October, when recorded an increase that reached % 5.75, while the value of stocks traded during the month of November declined by %31.53 to reach$ 40.3 million compared with $59 million for the month of October 2008, as a result of the decline in the price of many stocks.




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