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:
- Open an account with one of the licensed local brokers.
- Set your buy /sell order through the broker either via phone, Fax or Email.
- 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% |
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 |
|
5.54% |
574.58 |
3,891,495,531 |
53,205 |
243 |
469,070,221 |
271,163,750 |
48 |
2017 |
|
5.26% |
529.35 |
3,734,921,019 |
35,030 |
243 |
353,476,019 |
185,071,060 |
48 |
2018 |
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 |
|
36.26% |
1,411,190,935 |
2,480,304,496 |
31.84% |
574,739,427 |
1,230,285,840 |
4.66% |
3,344 |
68,467 |
2017 |
|
%36.64 |
1,368,332,27 |
2,366,588,748 |
31.38% |
595,236,497 |
1,301,490,418 |
%4.74 |
3,365 |
67,616 |
2018 |
Or send an email to pex@pex.ps