The Palestine Exchange (PEX) (Arabic: بورصة فلسطين, bursat filasteen) is a stock exchange based in Nablus in the Palestinian territories. The PEX was established in 1995, and currently operates under the supervision of the Palestinian Capital Market Authority (CMA). In 2015, the CEO of the PEX was Ahmed Aweidah. The PEX aims to provide an environment for trading that is characterized by equity, transparency and competence, serving and maintaining the interest of investors. 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. Most of the listed companies trade in Jordanian dinars or in US dollars. The PEX is open Sunday to Thursday between 9.45 a.m. and 1 p.m. throughout the year. It is closed on Friday, Saturday, public holidays and the last working day of the fiscal year. There are about ten stockbroker firms which are authorised to place orders and process financial products on the PEX. More information...
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