Palestine Weekly Trading Report - 28 January - 1 February

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1. Weekly Trading Report [28/01-01/02] 2018 “Al Quds Index closes at the level of 576.93 points” Several transactions in the PEX and the companies have started their disclosures Executing several high-volume transactions in Palestine Stock Exchange PEX on some stocks of the banking and financial services’ sector and others in this week have raised the trading value significantly of this week. Whereby, executing such transactions in this routine period may be related to repositioning reasons on specific stocks and sectors during the dividends distribution announcements period. Nevertheless, Al-Quds Index closed in this week in the red zone at 576.93 points; down by 0.25% than its previous weekly closing level; affected by the instability in the prices of some heavy weighted stocks and medium capitalization stocks in the PEX. On another hand, some of the important news this week is the start of announcing the preliminary annual financial and operational data disclosures by the listed companies. Regarding the PEX’s indicators and the start of the listed companies’ disclosures, the National Aluminum and Profile Company NAPCO was the first to announce its financial results for the year 2017, noting posting net income after tax of JD0.46 million for the year 2017; up by 44.16% compared to the year 2016. This mainly followed an increase in the company’s sales by 12.84%. However, based on the disclosed figures, NAPCO records book value BV of JD1.57 and P/BV of 0.55x. Additionally, it is worth mentioning that the board of directors of the company held a meeting last week to discuss the ability of distributing 5% cash dividends to its shareholders for the year 2017, to record dividends yield of 5.81% based on the current market price. Regarding this week’s trading, the stock of Al-Quds Bank QUDS topped the PEX by 33.61% after executing cross deal on its shares during the week. The stock of Palestine Investment Bank PIBC followed when its transactions contributed for 33.34% from total PEX’s trading value. This resulted from executing several cross transactions on its shares in the week’s trading sessions. While, the stock of the largest company in the PEX in terms of market capitulation- Palestine Telecommunications PALTEL- followed when its transactions contributed for 12.53% from PEX’s total trading value; following executing a transaction on its shares during the week. And finally, the stock of Palestine Real Estate Investment Company PRICO- the investment arm of Palestine Development and Investment Company PADICO in the real estate sector- followed with contribution of 4.25% after executing a transaction on its shares during the week’s trading sessions.
2. Weekly Report Market Indices & Top Gainers Index/ PEX Opening Closing Change Symbol Opening Closing Change 578.35 576.93 -0.25% NAPCO 0.70 0.86 22.86% 163.64 163.07 -0.35% JCC 0.88 0.94 6.82% Industry 101.47 101.96 0.48% NIC 3.31 3.51 6.04% Insurance 71.96 71.75 -0.29% JPH 3.36 3.53 5.06% Investment 30.49 30.01 -1.57% RSR 2.80 2.90 3.57% Services 44.48 44.81 0.74% NSC 1.47 1.51 2.72% Al Quds Banking & Financial Services Summary of the Week Performance Item Current Week Last Week Change Daily Average Ratio of this Week Daily average of Change Ratio 2017 # of Shares 10,923,247 2,280,509 378.98% 2,184,649 1,115,900 95.77% Value in USD 18,031,821 6,647,426 171.26% 3,606,364 1,930,330 86.83% Most Active Companies This Week # of Traded Total value Shares (USD) QUDS 2,821,612 PIBC Company Name PALTEL PRICO 52 Weeks Price Open Price Close Price % Change 6,059,793 2.14 2.13 4,606,554 6,012,134 1.36 344,200 2,259,080 4.65 High Low -0.47% 2.15 1.21 1.39 2.21% 1.43 0.95 4.70 1.08% 5.19 4.46 1,178,120 766,096 0.49 0.48 -2.04% 0.65 0.46 BPC 100,805 539,307 5.39 5.35 -0.74% 5.45 4.85 WATANIYA 396,406 435,159 1.09 1.09 0.00% 1.37 0.82 PADICO 307,474 427,780 1.44 1.40 -2.78% 1.64 1.01 BOP 111,055 286,017 2.61 2.60 -0.38% 2.78 2.40 JPH 71,331 243,282 3.36 3.53 5.06% 3.53 1.59 ISBK 105,166 226,314 2.18 2.15 -1.38% 2.34 1.92 A registered member at PEX, regulated by PCMA Tel 02-2965710 / Fax: 02-2965713 / P.O. Box: Ramallah (2187) E-mail: Research@Sahem-inv.com