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2009-02-11
Palestine Securities Exchange issued the publications number 22 of the monthly published Statistical bulletin Tadawul , which summarizes the performance of the market and the movement of Al-Quds index in addition to trading volumes and values during the month of January 2009. Tadawul revealed a significant improvement in the performance of the general index of prices during the period of January 2009, leading the Arab capital markets in terms of the rise percentage since the beginning of the year 2009, when it increased by 15.52% while the value of shares traded declined compared with the month of last December.
The performance Al-Quds index in January
Regarding Al-Quds index and by comparing its performance in January 2009 with December 2008, Tadawul points out that Al-Quds index closed at 510.22 points at the end of January, rising up to 68.56 points or 15.52% from the closing of the end of December of 2008. This rise came in the light of all sectors" indices increase except the Insurance sector, while services sector index rose by 17.58% and closed at 55.17 points, the investment sector index rose by 13.30% to close at 25.05 points, the industrial sector by 8.29% to close at a level 58.89 points, while the banking sector index rose by 4.74% to close at 82.47 points, on the other hand insurance sector index declined by index 2.96% and closed at 56.08 points.
Trading volumes and values
Regarding the trading values and volumes, Tadawul showed a decrease in the number of shares traded during the month of January 2009 with a noticeable percentage comparing with December 2008, where the results showed a decrease of 20.03%, where traded value declined during the month of January by 18.84% to reach $ 30.2 million, compared to $ 37.2 million for the month of December 2008.
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