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PEX adds 0.78% on Thursday

PEX adds 0.78% on Thursday
The Palestine Exchange (PEX) closed on Thursday at 490.64 points, rising 0.78% or 3.81 points. The general index added 0.64% or 1.67 points to 261.92 points.

Trading volume reached 633,562 shares, at a turnover of around $579,669, traded through 144 transactions by 13 companies, of which six gained, three dropped and four remained unchanged.

The top three gainers were Wataniya Palestine Mobile Telecommunications by 4.48%, Palestinian Distribution and Logistics Services by 3.19%, and Palestine Development and Investment by 3.1%.

Meanwhile, the top three decliners were Al Iqaria Trading Investment Co by 4.17%, National Insurance Co by 1.64% and Bank of Palestine by 0.37%.

On the sectors level, the industry, the investment and the service indices recorded an increase of 0.11%, 1.87% and 0.87%, while the banking and financial, and the insurance indices fell 0.20% and 0.58%.

Photo Credit: Arabianeye-Reuters