Economy & Aid
Palestine Exchange closes Al-Quds index at a record 693 points
Image credit: Palestine Trade Tower, Ramallah — Mohammad Hijjawi / Wikimedia Commons, CC BY-SA 4.0 · License
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The Palestine Exchange in Nablus closed its Al-Quds index on Tuesday at 693.32 points, up 7.50 points or 1.09 per cent on Monday's close of 685.82, the highest level the index has reached in at least twelve months.
The session ran to its own high: the exchange's forty-seven listed components traded between 685.31 and 693.32 and settled at the top of that range, according to the market data carried on Investing.com's Al-Quds quote page after the close. The Palestine Exchange, which trades Sunday to Thursday and publishes no public data interface, does not serve its figures to outside clients directly.
Tuesday's close puts the index about twenty-six per cent above where it stood a year ago, and it lifts the top of the fifty-two-week range to 693.32 against a floor of 523.61. It closed at 682.93 on Sunday and 683.33 on Thursday 27 August, the level this paper reported five days ago as a year high.
What the number measures#
A record on the Palestine Exchange is a fact about a small pool of listed assets, not a fact about Palestinian incomes. The exchange lists banks, telecoms, insurers and industrial firms — Bank of Palestine, PALTEL, PADICO and their peers — and its recent sessions have turned over well under a million dollars. It is priced in Jordanian dinars.
What a rising index does show is where money inside the West Bank is going while other doors close. Clearance revenue withheld by Israel keeps the Palestinian Authority in arrears on salaries, the shekel economy runs short of banknotes, and a listed share in Ramallah has become one of the few instruments a Palestinian saver can still buy, hold and sell without an Israeli permit.
That is a narrow kind of confidence, and it prices exactly what it can reach.
The reading behind the number#
Two files sit under the move. Oil crossed ninety dollars a barrel on Monday after the United States and Iran exchanged strikes for the first time in a month, which lifts the cost of every litre of fuel entering the West Bank and Gaza. And the Israeli election campaign runs to 27 October with annexation on several platforms, a horizon the exchange's own listings would have to price.
Neither reading is confirmed by the exchange, which publishes levels rather than reasons. What is on the record is the close: 693.32 on 1 September 2026, a twelve-month high, set in one of the thinnest markets in the region.
