Home Archive 15/January/2019 02:58 PM

Stock market index drops despite record trading

 

NABLUS, Tuesday. January, 15, 2019 (WAFA) – The Al-Quds Index of the Palestinian stock market, the Palestine Exchange (PEX), closed Tuesday trading at 528.28 points, a 3 points (0.56%) decrease compared to the last trading session despite a record volume in trading, according to the daily PEX report.

A total of 11,258,549 shares were traded for a value of $19,093,992.153 executed during 149 transactions.

The high volume in trading was done on the National Bank shares, which accounted for 11 million of the total shares traded on Tuesday for a value of $19 million, considered the largest trading volume in the stock market since the middle of 2018.

Shares of 14 companies were traded. Share price increased in only two companies and decreased in eight others.

The two gainers were TNB by 1.19% and PEC by 0.72%, while the top five decliners were PIBC by -7.50%, SANAD by -5.00%, NSC by -3.03%, AIG by -2.38%, and BOP by -2.13%.

M.K.

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