The Palestine Stock Exchange said on Sunday that its listed companies posted a net profit of 241 million dollars in the first nine months of this year, up 2.7 percent from the same period last year.

"The financial statements were received by 45 companies out of a total of 48 listed companies," the bourse said in a statement.

Three companies were unable to provide the stock exchange with the data required so far.

"Winning companies accounted for 86.7% of the total number of listed companies by 39 companies," it said in a statement.

Six companies reported losses of about $ 2.6 million compared to $ 9.24 million for the first nine months of last year, down 71.4 percent in losses.

The services sector was ranked first with net profit after tax of $ 83 million for the first three quarters of this year, up 1.4% from the same period last year.