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
© Copyright 2024