Friday, 19 April 2024 02:26 GMT

United Securities- Thursday, February 14, 2019
During a week of momentum in the institutional transactions, activation in the price movements of Al-Quds Index appeared due to the leading companies’ stocks and other stocks’ trading momentum, to close at the level of 541.01 points; up by 0.98% than its previous weekly closing level. On the other hand, this week also witnessed a momentum in the significant news. Where the listed companies’ announcements about their FY2018 financial data disclosure accelerated coinciding with the approaching end of the legal granted disclosures’ period. Also, besides the disclosures, some companies proposed dividends distributions to their shareholders; either cash or stocks. Whereby, the anticipation dominated the trading nature in the few previous weeks, while, the coming period will witness building investment positions for some stocks on one hand, and price speculations coinciding with the stocks’ routine price cycles in parallel to the dividends’ distribution season on another hand.
Country :
Report Type :
Daily
Report Date :
Thursday, February 14, 2019
Provided by :
Report Size :
367


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