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PEX down pressured by investment index

PEX down pressured by investment index
Palestine Islamic Bank
ISBK
0.00% 1.46 0.00
PADICO Holding
PADICO
-2.73% 1.07 -0.03
UCI
UCI
0.00% 0.46 0.00

Ooredoo
OOREDOO
0.00% 0.82 0.00
Al Wataniah Towers
ABRAJ
0.00% 2.08 0.00
Global United Insurance
GUI
4.83% 2.17 0.10
The Palestine Exchange (PEX) closed on Tuesday at 506.08 points, losing 3.42 points or 0.67%, pressured down by the investment index which plunged 1.85%. The general index fell to 268.068 points, inching down 0.56% or 1.52 points. Trading volume reached 5.23 million shares, at a turnover of $14.13 million, traded through 113 transactions by 15 companies. Share price surged in six companies and dropped in seven companies.

The top three gainers were: Palestine Islamic Bank by 3.97%, Al Wataniah Towers Co by 3.85%, and Global United Insurance Co 1.6%.

The top three decliners were: Palestine Development and Investment by 2.63%, Wataniya Palestine Mobile Telecommunications by 2.6%, and Union Construction and Investment by 2.44%.

On the sectors level, the services and the investment indices dropped 0.49% and 0.10% respectively, whereas the insurance and the industrial indices inched down 0.23% and 0.13% respectively.