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Significant gains of non-leading shares and a slight decrease in Al-Quds Index

2009-10-04

Jafaar Sadaqa wrote:

The non- leading shares constituted leverage for the PSE activity, achieving significant gains in the first trading week after Eid Al Fitr, but most of these shares are not calculated in Al-Quds index sample which in its turn descended by 1.75 points or %0.35 and closed the week transactions at the level of 502.30 points, despite the advance in all sectors" indices. On terms of activity, trading volume declined in the last week comparing to the previous one by %63.41 to reach 1.2 million shares on average daily basis from 3.30 million shares in the previous week. Trading value also declined by %55.78 to reach $1.46 million on average daily basis. The market witnessed 2561 contracts, to trade 6 million shares that valued $7.30 million.