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PEX closes in red pressured by industrial, insurance indices

PEX closes in red pressured by industrial, insurance indices
Quds Bank
QUDS
-0.79% 1.26 -0.01
TNB
TNB
0.00% 1.46 0.00
The Arab Hotels
AHC
-4.55% 0.84 -0.04

The Palestine Exchange (PEX) closed on Sunday at 504.93 points, losing 0.76 points. The general index fell to 268.20 points, inching down 0.09% or 0.24 points.

Trading volume reached 237.47 THD shares, at a turnover of $668.60 THD, traded through 109 transactions by 16 companies, of which three gained, six dropped and seven remained unchanged.

On the sectors level, the industrial, the insurance and the banks indices dropped by 0.28%, 0.24% and 0.16% respectively, whereas the investment and the services indices inched down by 0.10% and 0.07% respectively.

The top two gainers were: The Arab Hotels Co by 4.3% and Al Quds Bank by 3.5%. Whereas, the top three decliners were: The National Bank by 3.3%, Jerusalem Pharmaceuticals Co by 2.2% and The National Carton Industry Co by 1. 9%.