NABLUS, January 21, 2010(WAFA)- The horizontal trading dominated the Palestine this week (17-21/01), when AL Quds index declined slightly by %0.71 to close at the level of 511.49 points, and transactions valued dropped by approximately %41 through trading 2.20 million shares that valued $3.80 million.
Services sector's index descended by %1.61, affected by the decline of PALTEL by %1.79 when it closed at the level of JD5.50 within trading 93 thousands shares that valued $0.73 million. In the same sector, AHC lost by %3.16 and closed at the level of JD0.92 within transactions that hadn’t exceeded $29 thousand, while the company signed an agreement for a syndicated loan with bank of Palestine and Cairo Amman Bank to complete the 'Movenpick hotel- Ramallah' that is expected to operate in the first half of the current year, while PEC earned by %0.93 when it ended the week's trading at the level of $1.08 within transactions that valued $0.10 million.
Investment sector's index gained slightly by %0.35, when PADICO stabled at the level of $1.23 within an active trading of 0.93 million shares that valued $1.13 million, to constitute approximately %30 from gross PSE's trading value for the week, while PRICO rose by %2.60 and PIIC by %1.45 to close at the levels of JD0.79 and JD0.70 respectively, as for UCI it stabled at the level of $0.66 at the end of the week's transactions.
Banking sector's index advanced slightly by %0.50, when BOP rose by %0.82 ending the week's transactions at the level of $3.69 within trading of 0.19 million shares that valued $0.70 million. In the same sector, AMB gained remarkably by %4.11 and closed at the level of $0.76 within medium transactions of $0.18 million, while PCB and ISBK stabled at the levels of $0.73 and $0.69 respectively.