PSE News

 

  National Bank makes pretax income of $0.81 mln in Q1
Apr , 30 , 2013  
  The National Bank Company (TNB) reported net profit before tax reached 814,909 USD, compared with a net profit before tax of 610,300 USD from the first three months of 2012, a net increase of 33.5%. Total assets of the company reached 381,468,386 USD as of March 31st, 2013, compared to total assets of 350,890,034 USD as of December 31st, 2012, a net increase of 8.7%. Total liabilities of the company reached 329,358,167 USD as of March 31st, 2013, compared to total liabilities of 299,568,841 USD as of December 31st, 2012, a net increase of 9.9%. Net ownership equity of the company reached 52,110,219 USD as of March 31st, 2013, compared with net ownership equity of 51,321,193 USD as of December 31st, 2012, a net increase of 1.5% in the first three months.
 

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  Palestine Investment posts pretax income of JOD 0.007 mln for Q1
Apr , 30 , 2013  
  Palestine Investment & Development Company's ( PID) net loss reached (7,117) JOD, compared with a net profit before tax of 13,950 JOD from the first three months of 2012.Total assets of the company reached 2,848,218 JOD as of March 31st, 2013, compared to total assets of 2,864,769 JOD as of December 31st, 2012, a net decrease of 0.6%. Total liabilities of the company reached 61,178 JOD as of March 31st, 2013, compared to total liabilities of 70,612 JOD as of December 31st, 2012, a net decrease of 13.4%. Net ownership equity of the company reached 2,787,040 JOD as of March 31st, 2013, compared with net ownership equity of 2,794,157 JOD as of December 31st, 2012, a net decrease of 0.3% in the first three months.
 

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  Trust International records pretax income of $1.21 mln in Q1
Apr , 30 , 2013  
  Trust International Insurance Company ( TRUST)made net profit before tax reached 1,209,352 USD, compared with a net profit before tax of 671,877 USD from the first three months of 2012, a net increase of 80.0%. Total assets of the company reached 78,608,665 USD as of March 31st, 2013, compared to total assets of 78,999,951 USD as of December 31st, 2012, a net decrease of 0.5%. Total liabilities of the company reached 51,658,467 USD as of March 31st, 2013, compared to total liabilities of 52,400,563 USD as of December 31st, 2012, a net decrease of 1.4%. Net ownership equity of the company reached 26,950,198 USD as of March 31st, 2013, compared with net ownership equity of 26,599,388 USD as of December 31st, 2012, a net increase of 1.3% in the first three months.
 

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  Al-Quds Index closes 0.76% lower
Apr , 30 , 2013  
  The 'Al-Quds Index' closed at (456.84) points , a (-0.76) points (-0.17%) decrease compared to the last trading session. A Total of 1,586,832 shares were traded with a value of (2,015,709.95) USD , executed during (174) transactions. Shares of (23) companies were traded, share price increased in (7) companies whereas decreased in (5) companies. Top five gainers : TIC by (5%), LADAEN by (2.78%), JPH by (2.61%), TNB by (1.2%), JCC by (0.79%). Top five decliners : GCOM by (-3.33%), NSC by (-0.94%), PIIC by (-0.83%), BOP by (-0.69%), PALTEL by (-0.21%)
 

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  Jerusalem Pharmaceuticals nets JOD 561.8 THD profit before tax
Apr , 30 , 2013  
  The Palestine Exchange (PEX) received the unaudited interim consolidated financial statements from Jerusalem Pharmaceuticals Company (JPH). According to company data for the first three months of the year, net profit before tax reached 561,828 JOD, compared with a net loss of (219,585) JOD from the first three months of 2012. Total assets of the company reached 35,760,807 JOD as of March 31st, 2013, compared to total assets of 34,652,743 JOD as of December 31st, 2012, a net increase of 3.2%. Total liabilities of the company reached 11,787,95 6 JOD as of March 31st, 2013, compared to total liabilities of 10,751,846 JOD as of December 31st, 2012, a net increase of 9.6%.
 

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  Jerusalem Real Estate suffers $647 THD losses in Q1
Apr , 30 , 2013  
  Jerusalem Real Estate Investment (JREI) reported Q1-13 financial statements which reflected net losses after tax of $647,519, against net profit of $30,310 in prior-year period.
 

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  Al Quds Bank shareholders to discuss FY12 financials May 14
Apr , 30 , 2013  
  Al Quds Bank will hold its 18th shareholder meeting on May 14, 11:00 a.m., at Ramallah-based headquarters. Shareholders will discuss endorsing FY12 balance sheet and final accounts.
 

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  Construction Cost Index up in West Bank - PCBS
Apr , 30 , 2013  
  Palestinian Central Bureau of Statistics (PCBS) issued in a press release the price indices for Construction Cost, Road Cost, Water Networks Cost, Sewage Networks Cost in the West Bank during March 2013. Increase in Construction Cost Index (CCI) The overall Construction Cost Index (CCI) reached 113.69 with an increase of 0.38% in the West Bank during March 2013 compared to February 2013 (base month December 2007=100). Increase in Road Cost Index (RCI) The overall Road Cost Index (RCI) reached 117.30 with an increase of 0.35% in the West Bank during March 2013 compared to February 2013 (base month December 2008=100). Increase in Water Networks Cost Index (WNCI) The overall Water Networks Cost Index (WNCI) reached 110.63 with an increase of 0.27% in the West Bank during March 2013 compared to February 2013 (base month January 2010=100).
 

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  Exports, imports up in Feb. - Statistics Bureau
Apr , 30 , 2013  
  Palestinian Central Bureau of Statistics (PCBS) said that exports increased in February by 10.6% compared to January and increased by 16.5% compared to February 2012 to reach $68.9 million. Exports to Israel increased in February, 2013 by 7.0 % compared to January, 2013 and reached USD 61.5 Million. Exports to Israel represented 89.3 % of total exports in February, 2013.
 

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  PEX to close on May 1
Apr , 30 , 2013  
  The Palestine Exchange (PEX) will be closed on Thursday 02/05/2013 celebrating the International Labor Day. The PEX will resume its business on Sunday 05/05/2013. We take this opportunity to extend our best wishes to all workers around the globe.
 

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