The Al-Quds Index of the Palestine Exchange (PEX) maintained its position as best performing Arab index up by 0.64% at end of trading on June 30th, compared with the close of 2010. This leaves PEX as the only Arab exchange in the green where all other Arab exchanges’ indices closed with considerable declines.
PEX membership was recently upgraded in the World Federation of Exchanges (WFE) to that of Affiliate, the exchange has also just concluded the second Palestine Capital Market Day in London, the event was held in cooperation with the London Stock Exchange (LSE).
As at 30 June 2011, 121 million shares were traded through 40,000 transactions valued at 233 million USD. PEX market Cap is some 2.8 billion USD.