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The Palestine Securities Sector

The Palestine Securities Sector launched with its first trading session at Palestine exchange (PEX) on 18th Feb., 1997. The securities sector is supervised by the Palestine Capital Market Authority (PCMA) which was established in 2005 as a result of the securities law No. 12 and the Capital Market Authority law No. 13 of 2004, to regulate, oversee, and develop the securities sector along with other non-banking financial sectors.

The securities sector includes shares of companies listed on PEX, the grand majority of which are profitable. They are classified into five economic sectors: banking and financial services, insurance, investment, industry, and services. Shares trade in Jordanian dinars and in US dollars.

Eight licensed brokerage firms offer their services to investors and four banks act as authorized custodians of securities on behalf of foreign investors.

Palestine Exchange focuses on promoting investment in listed companies stocks and on attracting a wide range of regional and global investors including those among the Palestinian Diaspora. It has leverages the latest technology and international best practice of laws and regulations to ensure transparency, integrity and investor protection.

The Palestine securities sector is a multi currency trading market, has no capital gains tax, and benefits from a robust banking system operating within international best practice. Also, the listed companies financial reporting  comply with the international financial Reporting Standards (IFRS) and the presence of the international accounting companies in Palestine helps in improving the quality of financial reporting.

It worth mentioning that the Palestine Capital Market Authority is a member of The International Organization of Securities Commissions (IOSCO) and Palestine Exchange is classed as "Frontier Market" by FTSE Russell and as a stand-alone country within both MSCI and S&P indices. PEX is a full member of the World Federation of Exchanges (WFE), the Federation of Arab Stock Exchanges (AFE), and the federation of Euro-Asian Stock Exchanges (FEAS), the Forum of Islamic Stock Exchanges (OIC), the Africa & Middle East Depositories Association (AMEDA) and the Association of National Numbering Agency (ANNA).

 

How to invest:

  1. Open an account with one of the licensed local brokers.
  2. Set your buy /sell order through the broker either via phone, Fax or Email.
  3. Internet trading is available. Check with your broker. 

Securities Sector Statistics:

  • Annual Activity

Return on Investment

Al- Quds Index

Market Capitalization (USD)

Transactions #

Trading Sessions #

Trade Value (USD)

Trade Volume

(Shares)

Listed Companies #

Year

6.94%

489.60

2,449,901,545

82,625

249

451,208,529

230,516,370

40

2010

6.00%

476.93

2,782,469,900

61,928

248

365,648,215

184,544,375

46

2011

6.43%

477.59

2,859,140,375

41,442

249

273,440,441

147,304,208

48

2012

5.92%

541.45

3,247,478,385

44,425

241

340,774,269

202,965,939

49

2013

6.11%

511.77

3,187,259,624

41257

245

353,917,125

181,545,154

48

2014

5.94%

532.73

3,339,196,379

31,014

246

320,388,213

175,229,463

49

2015

5.58%

530.16

3,390,122,335

34,010

245

445,152,368

232,817,327

48

2016

 

 

Investment Nationality

Value (USD)

No. of shares

No. of shareholders

Year

Foreign%

Foreign

Local

Foreign%

Foreign

Local

Foreign %

Foreign

Local

47.93%

1,174,174,527

1,275,727,019

44.18%

484,008,770

611,417,683

5.68%

3,555

59,088

2010

40.41%

1,124,394,542

1,658,075,358

35.38%

517,236,722

944,783,368

4.48%

3,620

77,265

2011

40.92%

1,169,908,423

1,689,231,952

36.46%

555,453,707

967,874,304

4.58%

3,577

74,506

2012

40.77%

1,323,968,780

1,923,509,605

34.13%

533,968,780

1,030,572,605

4.65%

3,526

72,289

2013

42.48%

1,353,851,805

1,833,407,819

36.35%

595,277,473

1,042,513,065

4.74%

3,505

70,454

2014

43.45%

1,321,394,052

1,719,806,023

37.07%

619,887,406

1,052,483,842

4.73%

3,467

69,900

2015

39.23%

1,329,904,719

2,060,217,616

34.35%

582,336,311

1,112,771,641

4.71%

3,411

69,007

2016

 

For further information please visit www.pex.ps

Or send an email to  pex@pex.ps