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Al-Quds index continues downtrend in midday

Al-Quds index continues downtrend in midday
Jerusalem Cigarette
JCC
2.56% 2.00 0.05
Palestine Islamic Bank
ISBK
0.00% 1.50 0.00
APIC
APIC
-0.38% 2.59 -0.01

The Arab Real Estate
ARE
3.45% 0.30 0.01
Bank of Palestine
BOP
-1.80% 1.64 -0.03
Al-Quds Index continued its downtrend midday and declined by 0.39% to 519.74 points losing 2.05 points. The general index declined by 0.29% losing 0.80 point to 275.20 after it rose at the session’s open to 275.05 points.

So far, 129.97 thousand shares were traded through 76 transactions at a turnover of $319.35 thousand. Shares of 18 companies participated in trading, 4 rose, 9 declined and 5 unchanged.

The top three gainers were Arab Palestinian Investment Co which increased by 1.8%, Palestine Islamic Bank which rose by 0.8% and Bank of Palestine which rose by 0.36%.

The top three losers were Jerusalem Cigarette Co Ltd which declined by 5.6%, Al-Iqaria Trading Investment Co which plunged by 4.84% and The Arab Real Estate Co. Ltd which decreased by 3.3%.

It should be noted that Al-Quds Index opened today’s session declining by 0.02%, or by 0.12 point, to 521.67 points while the general index rose by 0.02%, or 0.05 point to 276.05 points.

Translated by: Mohamed Massoud