PSE News

 

  BOP - Agreement with IFC signed
Aug , 03 , 2008  
  Bank of Palestine has signed the agreement with IFC - an affiliate of the World Bank. IFC subscribed with 4.07 million shares with 3.06 USD per share; as a par value per share of 1 USD and 2.06 USD as issuance premium.
 

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  NIC - Semi Annual Results 2008
Aug , 03 , 2008  
  National Insurance Co. reported a net income before tax of 1,727,474 USD for the fist half of the year compared to 1,489,576 USD for the same period of last year. The company reported Total Assets of 51,935,784 USD and Total Liabilities of 38,630,768 USD.
 

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  BPC - Semi Annual Results 2008
Aug , 03 , 2008  
  Birzeit Pharmaceuticals Company reported a net income before tax of 4.2 million JDs for the first half of the year as compared to 1.54 million JDs for the same period of last year. Thus, a 172% increase in its income before tax. The company's Total Assets increased to 33 million JDs whereas its Total Liabilities decreased to 5.8 million JDs. The Shareholders Equity was raised to 27.1 million JDs.
 

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  PSE - "Online Consulting" service launched
Jul , 28 , 2008  
  Palestine Securities Exchange has launched "Online Consulting" service that provides legal consulting for investors and other interested parties. This service includes the different transactions from family transfer, inheritence and other.
 

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  PSE - Holiday on Thursday 31st July 2008
Jul , 27 , 2008  
  PSE announced that it will hold trading on Thursday, July 31st, 2008 due to Isra and Miraj Memorial. It will resume its operations on Sunday, August 3rd, 2008.
 

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  BPC Doubled Sales in Algeria
Jul , 22 , 2008  
  Petrafarm Co., which is half owned by Birzeit Pharmaceuticals Co., provided its results for the first half of 2008. Petrafarm achieved more than 3 million USD of sales and a profit before tax of 566 000 USD.
 

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  BOP Urgent BOD Meeting
Jul , 21 , 2008  
  The Bank of Palestine LTD announced that its Board of Directors will meet on Thursday, July 24th 2008, to discuss the memorandum of understanding of their new partnership with IFC.
 

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  AIE General Assembly Date
Jul , 21 , 2008  
  Arab Insurance Establishment Co. has announced that its General Assembly Meeting will be held on Tuesday, August 5th 2008.
 

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  BOP IFC new partnership
Jul , 20 , 2008  
  The Bank of Palestine LTD announced today that IFC, one of the World Bank's financial corporations, entered in partnership with BOP. IFC owns 5% of the non-underwritten shares of the paid up capital of the bank which amounts to 100 million USD.
 

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  PSE Publication of "Companies Guide 2007"
Jul , 20 , 2008  
  Palestine Stock Exchange published its second edition of "Companies Guide 2007". The guide contains a brief report about the Palestinian economy and a summary of the Stock activity during the years 2004-2006. In addition, it includes a briefing about each one of the PSE-listed companies from the main facts, its achievements during 2007 and some important financial indicators about the company and its stock. The guide contains a translation of the material in English. The guide will be published on the PSE website www.p-s-e.com
 

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