Palestine Exchange
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The Palestine Exchange (PEX) (
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.
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]
History
The Palestine Exchange (PEX) was incorporated as a private shareholding company in early 1995, with the Palestine Development & Investment Company (PADICO) as its major shareholder. The
Regulatory framework
In 2005, with the development of the legal structure of the securities sector in Palestine, particularly the issuance of the Securities Law No. (12) of 2004 and the Capital Market Authority Law No. (13) of 2004, the Palestine Capital Market Authority (CMA) took over the supervision of the PEX and issuing securities by public companies.
See also
- List of Mideast stock exchanges
- List of stock exchanges
- List of stock market indices
- Stock exchange
References
- ^ "Nihad Kamal, CPA - general manager - palestine exchange - linkedin". Retrieved 2023-03-12.
- ^ a b "About PEX". Palestinian Exchange. Archived from the original on 2018-11-23. Retrieved 2012-05-09.
- ^ Topol, Sarah A. (September 15, 2011). "The Bulletproof Palestinian Stock Exchange". Business Week. Archived from the original on September 23, 2011.
- ^ Stanton, Daniel (June 1, 2007). "Palestine Securities Exchange launches e-trading system".
- ^ [1]