Ramallah (14/01/2008) – Dr. Abdul Malek Al-Jaber, Chief Executive Officer at PalTel Group,  assured yesterday that there is no unrevealed substantial information that would affect the share market price of PalTel.

 

Dr. Al-Jaber said (as published on Palestine stock market’s web site)  on PalTel’s predictions as to the rise in its share prices in the last few days “It is no secret that PalTel’s share has been, and is still being, traded in for less than its fair value, a fact noted by some financial reports issued by houses of expertise and financial analysis.”

 

“Houses of expertise and financial analysis have valued PalTel’s share price at much higher rates than before” Dr. Al-Jaber added. PalTel assured its commitment to disclose any substantial information as they come up.

 

PalTel’s share is undergoing some active trading and has risen up to1.19 JD, which is 24.31% of its price since the beginning of this year, and closed in yesterday’s transactions at 6.13 JD, compared to 4.93 JD in the last trading session of 2007.