Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By:...

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Palestine Securities Palestine Securities Exchange Exchange Prepare By: Prepare By: Reema jamil hamdan Reema jamil hamdan University ID: University ID: 120070548 120070548 Supervisor By: Supervisor By: Salwa El shorafe Salwa El shorafe

Transcript of Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By:...

Page 1: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Palestine Securities Palestine Securities ExchangeExchange

Palestine Securities Palestine Securities ExchangeExchange

Prepare By:Prepare By:

Reema jamil hamdanReema jamil hamdan

University ID:University ID:

120070548120070548

Supervisor By:Supervisor By:

Salwa El shorafeSalwa El shorafe

Page 2: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Agenda

*Palestine Securities Exchange*Vision

*Mission*PSE Board Of Directors

*Trading center*Inclusion

*Primary market, Secondary Market*Listed Companies Center

*The objectives of the market

Page 3: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Palestine Securities Exchange

Founded in 1995 as a private shareholding company, the current capital of the Palestine Securities Exchange (PSE) is 10 million shares, each with the nominal value of $1(US). By the end of 2007, there were sixty-four employees at PSE, divided between the headquarters in Nablus and the branch in Ramallah.

Page 4: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Vision The PSE seeks to be an exemplary model for the Arab and regional stock exchanges, through its new services, ability to attract investors and capacity to create optimal investment opportunities in the securities sector. The PSE is committed to the rules of good institutional governance, uses the latest technological tools and builds close relationships with Arab, regional and

international markets  .

Page 5: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Mission

The PSE strives to provide a market for trading securities and financial instruments that is characterized by equity, transparency and competence, serving and maintaining the interest of investors. This is achieved by providing a climate that attracts domestic and foreign investments and by interacting with institutions in a manner that serves the national economy and promotes the culture of investment in the stock exchange .

Page 6: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

PSE Board Of Directors PSE Chairman Of Board Dr. Rami Hamdallah

PSE Deputy Chairman of Board

Mr.. Nashat Masri

PSE Board of Directors Member

Mr.. Ziad Turk

PSE Board of Directors Member

Mr.. Samir Hulileh

PSE Board of Directors Member

Mr.. Mohammed Abutaha

PSE Board of Directors Member

Mr.. Mohammad talal yousef salameh

PSE Board of Directors Member

Mr.. Ahmad Aweidah

Page 7: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Trading center Trading Session

Trading

Period Description of Trading Session

Pre-Opening 9:45 –

10:00 In this explorative session, orders may be entered or Change or cancelled

Opening 10:00 At this time, the trading system calculates opening prices of securities (for different symbols )

Continuous

Trading 10:00_

12:00Transactions are executed throughout this session. Members continue to enter, modify or cancel orders

Pre-Closing 12:00_

13:00During this session, members can view data and information and print necessary

reports .Closing 13:00At this time, the trading session officially

ends and the closing prices for different symbols are set.

Page 8: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

inclusion **What is meant by inclusion?

Listing is to record public shareholding company in the market to be Shares through the market.

**Is the listing in the Palestine Securities Exchange is mandatory for companies?

Yes, it provides items «3» and «2» Article (103) of the Securities Law No. (12) for the year 2004:

Page 9: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Inclusion (con.){2} Must contribute to all public companies

to submit applications for inclusion in the market .

{3}Must all contribute to the existing public companies to submit applications for inclusion in the market, . «Including their correct and consistent with the provisions of this law within six months from the date of entry into force

Page 10: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Primary market, Secondary Market

One of the most important requirements for listing shares of companies (contribution) in the primary market:

1-Not least the company's capital is subscribed to it for the (2,000,000) million . JD, and be paid in full

2-Not least the number of contributors to the company (150).

3-Must be at least the share of the public in the company's 25% of the capital subscribed by

Page 11: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Primary market4-Not least the number of shares

issued for (100,000) one hundred thousand shares

5-That the exercise of the activity of the company already has published its financial statements prepared in accordance with standards International Accounting for financial period of two years at least.

6-Members of the Board of Directors of the company's expertise in the area of Business.

Page 12: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Secondary Market1-The capital subscribed by the company

be paid in full2-To be put to the public at least 25% of

the total shares of the company.3-That the company has published its

financial statements and the company undertakes the publication of its budget and the results of their work in the media Published daily.

4-Not least the number of shareholders (50) fifty contributor

Page 13: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Listed Companies Center

ACPCArab Concrete Products Co.

ChairmanZiad Subhi Anbtawi

Established In

1987

Listing Date

23/12/1999

H.O. Location

 Industrial Zone -

Nablus Main

Activities Industry

[email protected]

AHCTHE ARAB HOTELS

COMPANY Chairman Firas Naser Eddeen Established In

 1996

Listing Date

 30/5/1998

  H.O. Location

Sunrise Building -Al

Irsal St. - Ramallah Main

ActivitiesServices

E-Mail [email protected]

Page 14: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Listed Companies Center

PALTELPALESTINE TELECOMMUNICATI

ONS ChairmanSabih Taher Masri

Established In

1995

Listing Date6/5/1997

H.O. Location

Headquarter -

Rafedia - Nablus Main

ActivitiesServices

[email protected]

AIBARAB ISLAMIC BANK COMPANY

ChairmanWalid T. Fakhouri Established

In1995

Listing Date22/11/1997

H.O. Location

 Headquarter - Nablus

Main Activities

Banks

E-Mailarabislamicbank@

aibnk.com

Page 15: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Listed Companies Center

BOPBANK OF PALESTINE

Chairman Hashem Hani

Shawa Established

In 1960

Listing Date  22/5/2005

  H.O. Location

 Ein Mesbah -

Ramallah Main

ActivitiesBanks

E-Mail info@bankofpalesti

ne.com

BPCBIRZEIT PHARMACEUTICALS

CO. Chairman Talal Nasereddin Establishe

d In  1973

Listing Date

 22/12/2004

  H.O. Location

 Industrial Zone -

Ramallah Main

Activities Industry

E-Mail [email protected]

Page 16: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Listed Companies Center

HOTELGRAND PARK

HOTEL Chairman Ibrahim Eid

Established In

1999

Listing Date

24/11/1999

  H.O. Location

Rafat Road-

Ramallah Main

ActivitiesServices

E-Mail [email protected]

m

JPHJERUSALEM

PHARMACEUTICALS Chairman Mohammad

Masrouji Establishe

d In 1969

Listing Date

20/1/1997

  H.O. Location

Nablus St. - Al Bireh

Main Activities

Industry

E-Mail  [email protected]

Page 17: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Other Companies1-PALESTINE PLASTIC INDUSTRIES Co.

2-JERUSALEM CIGARETTE COMPANY.

3-AHLIEA INSURANCE GROUP.

4 -PALESTINE POULTRY COMPANY.

Page 18: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

The objectives of the market

1-To develop the foundations for the circulation and delivery of information to ensure justice and equality among all dealers in securities.

2-To provide greater stability in the movement of prices, so as to rise and fall of stock prices on a regular basis and gradually .

Page 19: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

The objectives of the market (con)

3-Provide widespread and accurate delivery of information required and the necessary speed.

4-Protect investors from all forms of manipulation and fraud.

Page 20: Palestine Securities Exchange Prepare By: Reema jamil hamdan University ID: 120070548 Supervisor By: Salwa El shorafe.

Thank Thank youyou