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Adoption of global coding standards for listed companies in Palestine Securities Exchange

2010-04-06

ANNA Foundation which is responsible for issuing the international standards for global encoding of the financial securities - ISIN International Securities Identification Number -decided yesterday the adoption of global coding to the companies listed in Palestine Securities Exchange, with effect from 01 /0 4 / 2010, according to the standard symbols implemented and allocated by the clearing and depository centre to each listed company. A statement issued by Palestine Securities Exchange said that the standard code for each company consists of 12 digits according to basic essentials, and has been taking into account the company’s issuing country, the type of financial instrument for the company, the type of share, the sector of the company , its currency and the date of its establishment.