The Palestine Exchange (PEX) showed a positive performance during March 2011. PEX regained its losses since early 2011 as the Al-Quds Index recorded an increase of 1.37% as of 21/03/2011 compared to close of 2010. This leaves PEX as the only Arab exchange in the green where all other Arab exchanges sustained considerable losses since January 2011.
Ahmad Aweidah, Chief Executive Officer of PEX confirmed that PEX is a robust and dynamic exchange among its peers. Aweidah stressed that PEX maintained its good performance under various challenges throughout the years. He also assured that many indicators where behind this achievement mainly the good performance of listed companies. Aweidah stated: “investors are confident and well informed of the solid facts on the ground regardless of the current political turbulence that is overshadowing all Arab exchanges since January 2011.