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Stock Exchange in a week... Quiet trading and a decline in activity and Al- Quds index


Jafar Sadaqa wrote:
Trading was quiet in Palestine Securities Exchange; the market recorded a decline in activity, as well as in the main index for the second consecutive week.
The index has closed the week on 517.57 points, down by 79 points or %1.29 compared with the previous week , affected by the retreat of three sectors indices represented in the market: investment, services and industry, despite the rise in sectors of Banks and insurance.
Also, the market witnessed a decline in the volume; as the rate of number of shares traded declined by %59.85 to about 676 thousand shares per day from about 1.68 million shares a day in the previous week, as the trading value rate fell by %45.31 to about 2 .2 million dollars a day from about 4 million dollars a day in the previous week.



High liquidity level raises the market's trading volume this week

PICO approves raising the paid-capital to $6 million

TIC approves raising the paid-capital to $10.00 million

Active Trading with the increase of semi-annual financial data anticipation

LADAEN restructures itself and establishes a new company

Al-Quds Index breaks through new psychological level and gains 2.99% in this week



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