Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

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.”

 

 

 

 

 

 


 

2017-04-26
UCI reports net income of $0.18 million in Q1 2017

2017-04-25
PSE realizes net loss of $0.27 million in Q1 2017

2017-04-25
JREI realizes net loss of $0.07 million in Q1 2017

2017-04-25
AIB reports net income of $1.55 million in Q1 2017

2017-04-25
BJP posts net income of JD0.89 million in Q1 2017

2017-04-25
WATANIYA realizes net loss of $1.12 million in Q1 2017

2017-04-25
NAPCO records net income of JD0.13 million in Q1 2017

2017-04-25
APIC approves distributing 6.06% stock dividends and 6% cash dividends for 2016

2017-04-25
APIC records net income of $3.57 million in Q1 2017

2017-04-23
PEC records net income of $3.60 million in Q1 2017

2017-04-23
TNB approves distributing 5% cash dividends for the year 2016

2017-04-23
Bravo realizes net loss of JD0.13 million in Q1 2017

2017-04-20
Medium liquidity in the quarterly disclosures and dividends distribution seasons

2017-04-20
PEC approves distributing 10% cash dividends for the year 2016

2017-04-19
TNB records net income of $2.77 million in Q1 2017

2017-04-18
BPC approves distributing 20% cash dividends for the year 2016

2017-04-18
VOIC records net income of JD1.07 million for Q1 2017

2017-04-13
Al-Quds Index declines amid anticipation elements’ overlapping

2017-04-13
TRUST approves distributing 15% cash dividends for the year 2016

2017-04-12
JPH proposes 10% cash dividends for the year 2016

2017-04-11
APC records net income of JD0.33 million in Q1 2017

2017-04-11
PIBC proposes 2.35% stocks dividends for the year 2016

2017-04-11
NSC recommends 10% cash dividends for the year 2016

2017-04-11
GUI approves distributing 10% cash dividends for the year 2016

2017-04-10
3G services in 6 months in the West Bank

2017-04-10
BOP approves distributing 2.56% stocks dividends and 10.44% cash dividends for the year 2016

2017-04-10
QUDS proposes distributing 12% stocks dividends for the year 2016

2017-04-06
Dividends approval momentum and a final agreement to run 3G frequencies in the Palestinian markets

2017-04-06
PALTEL approves distributing 40% cash dividends for the year 2016

2017-04-04
PADICO proposes distributing 5% cash dividends for the year 2016

2017-04-03
AIB approves raising its capital to $75 million and distributing 12% cash dividends for the year 2016

2017-04-02
NIC approves 20% cash dividends for the year 2016.

2017-04-02
ISBK approves raising its capital to $69 million and distributing 8.50% cash dividends for the year 2016.

 

 

 
Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013