Palestine Exchange

Palestine Exchange
TypeStock exchange
LocationNablus, Palestinian Authority
Founded1995
Key peopleNihad Kamal CPA - General Manager[1]
CurrencyUSD, JOD
Websitewww.pex.ps

The Palestine Exchange (PEX) (Arabic: بورصة فلسطين, romanizedbursat filasteen) is a stock exchange based in Nablus in the Palestinian territories. The PEX was established in 1995, and operates under the supervision of the Palestinian Capital Market Authority (CMA).

As of December 2012, 48 companies were listed on the PEX, with a total market capitalization of about US$3 billion in five main areas: financial services, insurance, investments, industry, and services.[2] Most of the listed companies trade in Jordanian dinars or in US dollars. The PEX is open Sunday to Thursday between 9.45 a.m. and 1 p.m. throughout the year. It is closed on Friday, Saturday, public holidays and the last working day of the fiscal year. About ten stockbroker firms are authorised to place orders and process financial products on the PEX.

The PEX has been a private entity since its founding. As of 2013, only shares had been traded on the PEX, although it supports including other securities.[2] About half of the PEX's investment comes from Palestinian companies, with the other half being from other countries.[3]

  1. ^ "Nihad Kamal, CPA - general manager - palestine exchange - linkedin". Retrieved 2023-03-12.
  2. ^ a b "About PEX". Palestinian Exchange. Archived from the original on 2018-11-23. Retrieved 2012-05-09.
  3. ^ Topol, Sarah A. (September 15, 2011). "The Bulletproof Palestinian Stock Exchange". Business Week. Archived from the original on September 23, 2011.

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