Sahem Daily Press Digest Major Morning News

Sahem Daily Press Digest
November 03, 2014
Major Morning News
Palestine Stock Exchange: Last Session's Data
Palestine Exchange
Trading Summary

According to Global United Insurance Company GUI’s consolidated
data for the first nine months of the year, net profit after taxes reached
Trading Value $
1,233,115
Listed Companies
50
Trading Volume
856,272
Traded Companies
16
# of Transactions
74
Gainers
7
502.39
Losers
5
414,104 USD, compared with a net profit after taxes of 1,010,097 USD
from the first nine months of 2013, a net decrease of 59.0%.

According to Palestine Real Estate Investment Company PRICO’s
consolidated data for the first nine months of the year, net loss reached
Al Quds Index
(649,952) JOD, compared with a net profit after taxes of 102,121 JOD
from the first nine months of 2013.

Palestine Development and Investment Company PAIDCO recorded
Al Quds Index Performance
pretax income of $17.1 million in 9M 2014, compared to $23.0 million
in 9M 2013; down by 25.5%. This reflects the effects and repercussions
of the war on Gaza, which lasted for more than fifty days during the
third quarter of this year, whereby, this war caused direct and indirect
damages to PADICO Holding and its subsidiaries in Gaza Strip. On the
other hand, the CEO of PADICO Holding, Mr. Munib Masri said that
despite the extraordinary conditions that PADICO passed through, but
it is moving forward in investment and development plans, and in
completing and developing their existing projects:
Rabyet Alquds
Residential project, Jericho Gate Project, Nakheel Palestine Project and
Palestine Power Generation Company.
625
605
585
565
545
525
505
485
465
445
Abu Dhabi Securities Exchange

Ras Al-Khaimah Cement Company announced reporting net income of
AED5.8 million (1.04 fils/share) in 9M 2014 compared to net income
of AED0.65 million in 9M 2013
Market
Index
Opening
Closing
Change
Palestine Exchange
Al Quds Index
500.59
502.39
0.36%
Amman Stock Exchange
Dubai Financial Market
Amman SE General
2,106.13
2,104.61
-0.07%
DFM General Index
4,545.39
4,616.12
1.56%
Abu Dhabi Securities Exchange
ADX General Index
4,861.45
4,927.43
1.36%
Egypt Stock Market
EGX 30 Index
9,115.63
9,306.65
2.10%
Qatar Exchange
DSM-QE Index
13,498.86
13,623.33
0.92%
Saudi Stock Market
All Shares Index
10,034.92
10,099.27
0.46%
Sahem Trading and Investments Co. a registered member at PEX, regulated by PCMA.
Ramallah. Palestine- Tel: 02-2965710 P.O. Box 2187
www.sahem-inv.com