NABLUS, January 14, 2010 (WAFA) The index of  Palestine Securities Exchange (PSE) stabled this week above the level of 500 points to constitute a strong support level that enhances its ascending, supported by investors' expectations of positive leading companies' results and some reported local news that threw an optimism atmosphere for the investment environment in Palestine market.

Al-Quds index gained by %2.20 when it ended the week's transactions at the level of 515.14 points, within trading of 2.25 million shares that valued $6.47 million.

PALTEL led the services sector's index to ascend by %3.51, which in its turn gained by %3.70 when it closed at the level of JD 5.60 after trading 0.52 million shares that valued $4.04 million, to constitute approximately %62.50 from PSE aggregate trading value, where the share kept building new prices positions and support points on high levels to be the leading share that lift Al-Quds index this week, while the investors revealed their optimism for the company's annual financial results based on the distinguished results of the third quarter of previous year. In the same sector, GCOM declined by %1.04 to close at the level of $0.95 through transactions of $33.76 thousands.

Investment sector's index advanced by %0.88, when PADICO gained by %1.65 to close at the level of $1.23 within trading of 0.88 million shares that valued $1.08 million, while PRICO lost by %2.53 and PIIC declined by %1.43 when closed at the levels of JD0.77 and JD0.69 respectively.

Banking sector's index earned slightly by %0.28, when BOP rose by %0.27 and closed at the level of $3.66 through trading 89 thousand shares that valued $0.33 million. In the same sector, AMB experienced no change when it ended the week's transactions at the level of $0.73 within medium transactions of 0.11 million shares that valued $0.11 to constitute approximately %36 from gross trading volume of the sector.