عربي English
HomeAbout UsMembersStatisticsPublicationsNewsEventsGalleryContact UsMembers Area
ADI 4288.86 (AED)  0.22% | AMGNRLX 2103.25 (JOD)  0.15% | BAX 1160.94 (BHD)  1.35% | BLSI 1207.903 (USD)  0.06% | MASI 10564.6172 (MAD)  -0.15% | DFMGI 3274.06 (AED)  -0.15% | EGX30 10688.16 (EGP)  4.52% | ISX 72.01 (IQD)  0% | KWSE 5275.04 (KWD)  -0.18% | MSI 6317.66 (OMR)  -0.55% | PLE 483.41 (JOD)  -0.01% | QE 12282.17 (QAR)  -0.42% | TASI 9717.9 (SAR)  -0.65% | TUNINDEX 5585.19 (TND)  0.45% | SPAFEUP 64.11 (USD)  -0.02%
Source: Thomson Reuters.   Last updated on Nov 21, 2017 at 00:29AM (UTC).   Delayed by at least 15 minutes.
Palestine Exchange within the Frontier Markets on FTSE indices
Sep 25, 2016
The FTSE Indices has upgraded Palestine exchange (PEX) to frontier market status as of 19th September based on the annual audit conducted by the group.
 
Commenting on this, CEO of PEX Ahmad Aweidah stressed that this upgrade was expected in light of the recent review conducted by FTSE in September of last year, 2015. PEX has won this status as a result of its effort to comply with international standards. This is a new milestone for PEX and a step towards positioning Palestine on the global investment map.
 
Mr. Aweidah pointed that the exchange operates within a solid regulatory environment, uses best of breed technology and complies with financial markets best practice. He expressed his confidence that the new status within FTSE indices will enhance PEX competitive position among regional markets, giving it greater momentum and a wider spread globally.
 
As for the companies listed on the Palestine Stock Exchange and their inclusion in FTSE indices, Mr. Aweidah said that the new status of PEX will open the way for listed companies to go through that particular stage in the future.
 
It is worth mentioning that PEX was on FTSE indices "Watch list" since September 2014. 

Palestine-Exchange-Logo.png