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Ahmad Aweidah, Chief Executive Officer of Palestine Securities Exchange (PSE) announced that forty (40) listed companies on the PSE out of forty one (41) have disclosed their semi-annual financial results for 2010, excluding one (1) suspended company. This demonstrates the commitment of all the listed companies traded at the PSE to disclose within the legal period that ended by 15 August 2010. "This is an indicator of the progress in disclosure which sets Palestine Securities Exchange in an advanced position among regional markets" Aweidah adds.
Aweidah declared that thirty two (32) out of forty (40) disclosed companies achieved profits in the first half of 2010. Nineteen (19) companies witnessed improvement in their financial performance in the first half of 2010 compared to first half of 2009 by either increasing their annual profit or minimizing their losses.
