Investor Monthly Newsletter

Transcription

1 AL-Quds index 2.35% Listed companies 49 Trading value (US$) 22,965,665 Traded companies 32 Trading volume (shares) 10,930,630 Gainers 11 No. of transactions 3,240 Decliners 14 Index close (points) Unchanged 7 Index (Base Value =100) Points Al-Quds % General % Banking & Financial Services % Industry % Insurance % Investment % Services % Currency Closing price Arab Islamic Bank AIB US$ % Quds Bank QUDS US$ % Palestine Insurance PICO US$ % Palestine Islamic Bank ISBK US$ % Palestine Investment Bank PIBC US$ % 1

2 Currency Closing price Palestine Electric PEC US$ % Global United Insurance The Palestinian Dist.& Logistics Services PALAQAR For Real Estate DEV.& Management GUI US$ % WASSEL US$ % PALAQAR JOD % Golden Wheat Mills GMC JOD % Value traded (US$) total Palestine Telecommunications PALTEL 5,948, % Palestine Islamic Bank ISBK 3,177, % Bank of Palestine BOP 2,682, % Arab Palestinian Investment APIC 2,393, % Palestine Electric PEC 1,631, % Volume traded total Palestine Islamic Bank ISBK 1,488, % Palestine Electric PEC 1,341, % Arab Palestinian Investment APIC 1,271, % Quds Bank QUDS 1,129, % Bank of Palestine BOP 987, % 2

3 Arab Palestinian Shopping Centers Turnover ratio BRAVO 8.55 Daily average turnover value (US$) Palestine Telecommunications PALTEL 297,407 Palestine Islamic Bank ISBK 2.38 Palestine Electric PEC 2.24 Arab Palestinian Investment APIC 1.93 Quds Bank QUDS 1.85 Palestine Islamic Bank ISBK 158,886 Bank of Palestine BOP 134,104 Arab Palestinian Investment APIC 119,677 Palestine Electric PEC 81,583 Palestine Telecommunications Market Cap. (US$) total PALTEL 922,674, % free float Arab Real Estate Est. ARE 90.15% Bank of Palestine BOP 536,273, % Globalcom Telecommunications* GCOM 86.72% Palestine Development & Investment Wataniya Palestine Mobile Telecommunications Sanad Construction Resources PADICO 260,000, % WATANIYA 211,560, % SANAD 168,300, % Bank of Palestine BOP 85.56% Nablus Surgical Center NSC 81.26% Al Shark Electrode ELECTRODE 73.26% * is suspended. 3

4 Item January 2017 Trading volume (shares) 7,509,343 10,930, % Trading value (US$) 20,583,736 22,965, % Number of transactions 2,574 3, % Number of trading sessions % Daily average trading value (US$) 935,624 1,148, % Market Capitalization (US$) 3,322,958,726 3,556,739, % 15. Month Trading Value (US$ millions) Trading Volume (million shares) Market Cap (US$ millions) January % % 3, , % February % % 3, , % Total % % 3, , % 4

5 PEX in comparison with other regional exchanges 5

6 PEX 2016 aggregated net profits amounted to USD 286,967,842 a growth of 7% compared with the same period of The disclosure period ended with 83% compliance from listed companies with eight companies failing to disclose within the set deadline, two of which are suspended. The preliminary financial results showed that thirty nine of forty eight listed companies achieved a net profit of USD 297,149,943; the seven loss making companies recorded a total loss of USD 10,182,101 a decline of 20% compared to PEX raised its listed companies to 49 by adding SANAD Construction Resources ; SANAD started its shares trading on Monday Feb. 20 th in a ceremony in Ramallah. The trading came after the company's successful IPO last month and after making all listing requirements at PEX. SANAD had offered 6 million shares, 10 its shares, in an initial public offering raising its authorized capital to USD 66 million. The company share closed its first day trading at USD 2.48 raising SANAD's market capitalization to USD 164 million. PEX Celebrated 20 years of Trading by publishing a special supplement that was distributed with the three daily newspapers in Palestine on Feb., 20 th. The supplement documents PEX's most important stages, taking into consideration the changes in political and economical conditions throughout the 20 years period collected through testimonials from PEX founders and the securities sector stakeholders. PEX signed an investment awareness agreement with the Ministry of Education, The agreement was signed on Wednesday, February 15 th,by Ahmad Aweidah, CEO of PEX and HE. Dr. Sabri Saidam, minister of education and higher education at the Ministry offices in Ramallah. The agreement is a result of an understanding between the two parties on the need to raise investment awareness among students and commercial stream teachers. It will enhance cooperation between the two parties and allow them organize mutual activities. PEX launched the English version of its e-disclosure system "IFSAH", the aim of this development is to make the listed companies financial performance available to foreign investors. IFSAH will be further developed to include non financial disclosures in the near future. "IFSAH" was developed internally, two years ago, to streamline and organize the disclosure process between the listed companies and other stakeholders including PEX, PCMA, brokers, investors, auditors and analysts. 6