Significant Growth in the Jerusalem Index.. These are the Most Rising and Falling Companies in the Palestinian Stock Exchange Over the Year

Special to SadaNews: Data released by the Palestinian Stock Exchange shows an increase in the stock prices of some companies and a decline in others during the period from April 2025 to the end of April 2026. So, which companies saw the highest and lowest change over the year?

National Mobile Communications "Ooredoo" topped the five companies with the highest gains during the period, as its stock price increased by 163.77%, closing at $1.82 at the end of last April (noting that the increase in stock value is due to a reduction in the company's capital), while the stock price in April 2025 was $0.69. Golden Wheat Mills Company ranked second, with its stock rising by 142.47%, closing four months into this year at a price of 1.77 dinars, up from only 0.73 dinars during the same period last year.

Palestine Industrial Investment's stock came in third, with a rise of 95.77%, followed by Arkan Real Estate Company, with a rise of 53.85%, and then the Palestinian Investment and Development Company, with a rise of 47%.

Regarding the companies that faced the most decline, Palestine Insurance's stock decreased by 29.71%, recording a price of $3.50 after the end of last April, while the stock price dropped to $2.46 by the end of last month. Palestine Securities Exchange's stock ranked second in terms of decline, dropping by 21.67%, with a past year's price of $3.00, and a price of $2.35 at the end of last April. Additionally, Al-Majmoua Al-Ahliya Insurance’s stock fell by 20%, Nablus Specialized Surgical Center by 16.83%, and Palestine Investment Bank by 11.02%.

The Jerusalem Index achieved a remarkable rise of 28.71% during this period, closing at 627.93 after the end of last April, up from 487.08 at the end of last April. All five sector indices of the stock exchange increased during this period, with the services sector seeing the highest rise of 41.71%, followed by the industrial sector at 32.92%, then investment at 30.92%, insurance at 3.79%, and finally the banking sector at 1.10%.

The rise in stocks during this period reflected positive performance for most companies, as their annual data showed overall profits that exceeded expectations, in addition to distributing cash dividends. Furthermore, currency fluctuation affected stock prices and the reported profits, since the companies' stocks are sold in both dollars and dinars, which experienced a sharp decline during this period.

The trading value during this period reached approximately $291 million, with the number of traded shares amounting to around 134.3 million shares, while the market capitalization of the listed companies was around $4.91 billion.

The investment sector represented 48% of the traded stock value during this period, followed by the banking sector at 22%, and both the services and industrial sectors at 14% each, with the insurance sector at 2%.

Additionally, the investment sector accounted for 43% of the number of traded shares, the banking sector for 34%, and services for 9%, while both the industrial and insurance sectors represented 7% each.

As for the relative distribution of market capitalization by sector, the services sector led with 34%, followed by investment at 27%, banking at 22%, industry at 12%, and finally insurance at 5%.

Regarding the relative distribution of transaction numbers by sector during this period, the banking and investment sectors led with 31% each, followed by services at 24%, industry at 10%, and finally insurance at 4%.

It is worth noting that the number of companies listed on the Palestinian Stock Exchange is 47, categorized into 5 sectors: banking and financial services, industry, insurance, investment, and services.