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Bank of Palestine extend the subscription for the secondary public shareholders


Bank of Palestine extend  the secondary public subscription until 05-31-2007. The bank had announced earlier that they would put up 13 million shares for subscription secondary public shareholders of the bank as on 06/04/2007 under the general assembly"s decision in 04-06-2007. The subscription from 29/04/2007 until 17/05/2007, but it was extended with the agreement of the subscription of the capital market, especially that the bank was unable to open its centers in the last two days of the subscription because unfortunate events in the Gaza Strip.

Investors traded 1,269,660 shares (31,68  % of total shares traded) that valued 2,123,047 JOD (32,74% of total shares amount) in the mentioned period. 784 trades were traded through e-trade representing 27,03% of total trades number between May 13, and May 17 2007.


Al-Quds Index in the green zone despite the political instability



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