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Dr.Abu Libdeh: What is happening in the stock market is natural and reflects the optimism of investors towards the ability of the new government

2007-06-19

Dr.Abu Libdeh: What is happening in the stock market is natural and reflects the optimism of investors towards the ability of the new government.

The Palestine Security Exchange continued to increase to its highest limits in a single trade session yesterday for the second consecutive day, within a great demand for shares, specially the leading shares. There is a clear indication that Investors are to retain their shares expecting a further increase in its value due to the optimism towards the new government to take practical actions to control security and lift up the political and financial sanctions.

Al-Quds Index reached to 20.61 points in the trading session yesterday with a gain of 14.33 points within a two-day period. This reached a Palestinian market capital of around 170 million dollars compared to its Market value of last Thursday’s trading. The market observed large volume on stock trading in the past two days, especially for PADICO and PALTEL shares, both company’s stocks were traded below its Market value. The trading value totaled to 2.32 million JOD, which is almost equivalent to the previous session. 

Dr. Abu Libdeh is expecting a boom in the market due to market demand and the expected favorable results and the increase of stock prices.

On the other hand, financial analyst and expert Dr. Adnan Abu humus, the head of the Accounting Department in the Faculty of Economics and Commerce at Beirzet University stated that,” The political development we’ve noticing in the forming of Dr. Fayyad’s new government which is recognized by the international community and also by the United States, promises to lift the economic and financial sanctions and possible release of Palestinian tax revenues that is withheld by Israel. All this somehow reflected in a positive way on the overall increase in demand for shares, especially for large leading shares.”

 

 

 

 

 

 


 

2017-08-22
RSR reports net income of JD0.22 million in H1 2017

2017-08-22
AHC realizes net loss of JD0.86 million in H1 2017

2017-08-17
Medium liquidity with the end of the legal semi-annual disclosures’ period

2017-08-16
PADICO posts net income of $7.46 million in H1 2017

2017-08-16
PRICO realizes net loss of JD1.28 million in H1 2017

2017-08-16
WASSEL reports net income of 0.07 million in H1 2017

2017-08-16
JCC reports net income of JD0.27 million in H1 2017

2017-08-16
AZIZA reports net income of JD2.20 million in H1 2017

2017-08-16
PID realizes net loss of JD0.03 million in H1 2017

2017-08-16
PIIC records net income of JD3.33 million in H1 2017

2017-08-16
PIBC records net income of $1.97 million in H1 2017

2017-08-16
LADAEN realizes net loss of JD0.50 million in H1 2017

2017-08-15
NCI reports net income of $0.15 million in H1 2017

2017-08-15
PALAQAR reports net income of JD0.07 million in H1 2017

2017-08-15
JREI realizes net loss of $0.17 million in H1 2017

2017-08-15
TIC records net income of $1.33 million in H1 2017

2017-08-15
NSC reports net income of JD0.13 million in H1 2017

2017-08-15
ABRAJ posted net income of $0.18 million in H1 2017

2017-08-14
AQARIYA reports net income of JD0.42 million in H1 2017

2017-08-14
BOP posted net income of $24.72 million in H1 2017

2017-08-14
TRUST posted net income of $2.83 million in H1 2017

2017-08-14
PICO reports net income of $2.13 million in H1 2017

2017-08-14
GMC posted net income of JD0.60 million in H1 2017

2017-08-14
JPH posted net income of $0.76 million in H1 2017

2017-08-14
GUI records net income of $0.96 million in H1 2017

2017-08-14
BPC reports net income of $6.02 million in H1 2017

2017-08-14
TNB records net income of $5.36 million in H1 2017

2017-08-14
PEC reports net income of $5.25 million in H1 2017

2017-08-13
ELECTRODE records net income of JD0.09 in H1 2017

2017-08-13
AIB reports net income of $4.01 million in H1 2017

2017-08-13
NAPCO records net income of JD0.18 million in H1 2017

2017-08-13
APIC reports net income of $7.87 million in H1 2017

2017-08-10
Al-Quds Index increases amid the semi-annual financial data disclosures’ domination

2017-08-09
ARAB records net income of JD0.05 million in H1 2017

2017-08-09
ISBK reports net income of $6.37 million in H1 2017

2017-08-09
APC records net income of JD0.70 million in H1 2017

2017-08-09
MIC posts net income of $1.00 million in H1 2017

2017-08-07
UCI reports net income of $0.54 million in H1 2017

2017-08-07
VOIC posts net income of JD3.39 million in H1 2017

2017-08-07
PSE realizes net loss of $0.10 million in H1 2017

2017-08-07
QUDS reports net income of $6.13 million in H1 2017

2017-08-07
PALTEL records net income of JD33.06 million in H1 2017

2017-08-07
BJP records net income of JD0.59 million in H1 2017

2017-08-03
Executing several transactions raises the market's trading value this week

 

 

 
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