Palestine Securities Exchange: Adjusting The Companies Included In Al-Quds Index

From the outset of this year, the PSE has adjusted the set of companies that are included in the calculation of Al-Quds Index. The last value of the index, the formula, as well as the number of companies included in the index, have remained unchanged. The trading activity in 2002 of the listed companies has been taken into consideration when selecting the new set of companies. This set of the companies represents all economic sectors.

Below is a table of the new set of listed companies that are included in the calculation of Al-Quds Index:

Company Name	Symbol	Sector
Palestine Development & Investment Co.	PADICO	Investment
Gaza Ahliea Insurance Co.	GAIC	Insurance
National Insurance Co.	NIC	Insurance
Jerusalem Cigarette Co.	JCC	Industry
Jerusalem Pharmaceutical Co.	JPH	Industry
Arab Islamic Bank	AIB	Banking
Al-Quds Bank for Development & Investment	QUDS	Banking
Palestine Telecommunication Co.	PALTEL	Service
Arab Hotels Co.	AHC	Service
Palestine Real Estate Investment Co.	PRICO	Service