Capital Markets Day to be held with the London Stock Exchange
The Palestine Stock Exchange (PEX) will present investment opportunities in the PEX and the Palestinian economy in London on 24 June in partnership with the London Stock Exchange (LSE).
“The PEX is one of the most rewarding exchanges in the region in terms of return on investment. We have an attractive valuation of listed stocks on the PEX where half are trading below their book values,” says Ahmad Aweidah, chief executive officer of the PEX.
Dividend distribution was the most generous in 2010, exceeding $152m with an average return on investment of 13.6 per cent. Out of the 46 companies listed on the exchange, 35 were profitable.