Trading Review: Ongoing Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
17:28
Sharp increases at the close of trading on the stock exchange. The TA 35 index jumped by 2.2% at the close, the TAA 90 by 2.7% and the banks index jumped by 3.5%. The trade turnover amounts to about NIS 2 billion.
Significant increases were recorded Norstar Which jumped by 37%, Partner, Nova, Nofar Energy , Biomite, Gazit Globe, Bio Honey, Foresight, Fuel Group, Floristem And aura.
On the other hand, significant declines were recorded Ormat , Matzlawi, LivePerson , Seborit and Blender.
16:35
The sharp rises in the stock market continue. The Tel Aviv 35 Index is up 1.9%, the Tel Aviv 90 Index is up 2.3% and the Banks Index is up 3.4%. The trade turnover amounts to about NIS 2 billion.
Sharp increases are now recording fuel group, Discount, Gazit Globe , Electrion , productivity , Gilat, Canon and Hilan.
14:40
The positive trend in the stock market continues, and the screens are painted in conspicuous green with many stocks that have suffered losses in recent days gaining impressive gains. The Tel Aviv 35 Index is up 2.1% led by Elbit, the Tel Aviv 90 Index is up 2.5% with Partner, Delek Group and Compugen at the top with increases of 6% -7% each. The trade turnover so far amounts to about NIS 1.3 billion.
The biomed index rises by 3% with nice increases for Floristem, Abogen and the cannabis companies IntelliCana , Tikkun Olam , Intercure andCannbotech . The Global Tech index rises by 2.8% with Finergy at the forefront, followed by the podtech companies Bio Honey and Biomite, and also the developer of the cultured milk Wilk Climber.
On the other hand, Dr. Shimon Eckhaus’ medical epitome falls by 10%, Mazlawi loses 4.2% and Arco, Aviation Connections, B. Yair and Tia Investments also fall.
13:30
The rises in Tel Aviv continue to strengthen. TA 30 is up 2.2%, TA 125 is up 2.3% and TA 90 is up 2.5%. The banks are up 2.7%, the communications index is up 3.4% led by Partner, the oil and construction indices are up 3.1% and 3.4% respectively. The trade turnover amounts to NIS 1.04 billion.
Finerji continues to concentrate interest and is already soaring by 24%. It is followed by Bio Honey, which flew 17.8%, and Biomit, which skipped 14%. More sharp rises are recording Sturgeon Drop , Floristem , Foresight , Compugen, Ormed And a fuel group.
Those who did not join the positive atmosphere in the market, among others, are Medical Epitome Which shed 4%, Matzlawi Which drops 3.5%, Seborrhea Loses 2.7% andEarth Withdrew by 1.5%.
12:30
Against the background of the strong rises in Tel Aviv, there is also a recovery on the US stock exchanges today. Futures on Nasdaq are soaring 2%, contracts on S & P500 are up 1.2% and contracts on Dow Jones are up 0.9%. In European markets, too, the screens are green, with the leading indices climbing more than 2%, led by airlines.
12:00
The positive trend in the stock market continues to strengthen, with the three leading indices already climbing more than 2%. The banks index climbs 2.8%, the oil index rises 2.5% and the construction index jumps above 3%. The trade turnover so far amounts to about NIS 660 million.
Tel Aviv 35 is headed by Elbit Systems, which is soaring above 5% following the report on the development of a space telescope for the Weizmann Institute, followed by Nova Which has risen by 3.6% – having already erased over 20% since the beginning of the year. Discount Leads in the banking segment with an increase of 3.6%, followed by national Which climbs by 2.5%. At the bottom of the index, and the only one trading in red at the moment, LivePerson is down 1.5%.
More notable: Bio Honey Jumps 18% without significant background reporting, Finerji jumps 13% (reports that Ericsson, one of the world’s largest communications equipment suppliers, has purchased its backup system for its customer in Italy), Biomit Jumps 12% and Partner also continues to concentrate interest.
10:45
The rises in Tel Aviv are getting stronger. The Tel Aviv 35 Index climbs 1.6%, led by Elbit Systems, which adds 3.7%, as stated in an earlier update in light of winning a contract worth $ 16 million to provide a space telescope to the Weizmann Institute of Science as part of the Ultraviolet Transient Astronomy Satellite program for deep observation and research. Carried out in collaboration with the German research center DESY, at the bottom of the LivePerson index, which is down 1.9%.
The Tel Aviv 90 index is up 2%, partly due to a sharp rise of over 6% in the stock partner Which reported this morning that it will establish a fiber-optic infrastructure in Israel that will allow a connection between the East and Europe and will be an alternative to the Suez Canal. A first deal worth about NIS 40 million was signed yesterday (Tuesday) with Tamers Telecom of the Aluma Foundation.
Other sharp increases are recorded in favor of a fuel group that adds over 5%, Finerji jumps 12%, Bio Honey advanced 9.4% and also Floristem, Biomit, Compugen, Abogen, Lahav, Hajaj and the Yaakobi group climb.
10:01
The trading day in Tel Aviv opened with a positive trend. The Tel Aviv 35 Index is up 1%, the Tel Aviv 125 Index is 0.8% and the Tel Aviv 90 Index is up 0.6%. The Banks Index is up 1.5%, and the Oil Index is up 1.3%.
This morning’s reports: Elbit Systems Won a $ 16 million contract to supply a space telescope to the Weizmann Institute of Science; Tadiran Completed the acquisition of control (60%) in the Italian company VP Solar, for about 32 million euros; Apollo Power Completed a capital issue by issuing rights to shareholders and raised approximately NIS 47 million; Anlite Reported that full approvals had been obtained for the construction of the 120-megawatt Coggon project in Iowa. The project’s electricity receipts are expected to average $ 10-11 million a year; Finerji Reported that Erickson, one of the largest communications equipment suppliers in the world, has purchased its backup system for its customer (a communications company in Italy).
09:40
5 things to know before opening a trade
1. Expect a mixed opening
The trading day in Tel Aviv will probably open with a mixed trend and no sharp shifts, against the background of slight fluctuations in the Asian stock markets and trading on futures contracts on Wall Street.
Yesterday, trading on the local stock exchange closed slightly, with TA 35 adding 0.3%, TA 125 rising close to 0.6% and TA 90 and the banks index climbing about 1%.
In the foreign exchange market, there was a 0.1% decline in the dollar exchange rate, which currently stands at NIS 3.18, while the pound strengthened by 0.3% and traded for NIS 4.294 and the euro was stable at NIS 3.591.
2. Another negative evening on Wall Street
Last night, the indices on Wall Street closed in red, but at a more moderate level than the one recorded during the day – when the Nasdaq momentarily lost over 4%. At the end of the day, the Nasdaq lost 2.3% yesterday, the Dow Jones fell 0.2% and S&P 500 shed 1.2%.
This morning the contracts are trading unsteadily while investors are waiting for the US Federal Reserve’s interest rate decision tonight (21:00 Israel time), and the recent wild days on the New York Stock Exchange indicate that anything can turn upside down several times until the trading closes. Meanwhile, NASDAQ contracts are up 0.6%, S&P 500 contracts are up 0.2% and Dow Jones is up 0.1%.
Yields on government bonds are losing some ground, with yields on the 10-year bond falling at a baseline to 1.77%.
3. Mixed gaps for duality
Its senior dual stocks are mixed with arbitrage gaps, and are not expected to have a material effect on the direction of the Tel Aviv 35 Index.
Nice With a negative gap of 1.6%, Ofco Health With 2.8% andLivePerson 3.1%. On the other hand, ICL With a positive gap of more than 2% and is expected to rise today, and also nature , Elbit Systems , Perrigo , Gilat , Audiocodes , Rada andCompugen With positive gaps.
4. A mixed trend in Asian stock markets
Trade in Asia is on a mixed trend this morning. In Sydney there is no trading due to Australia Day, and also in India the stock exchange is closed for a local holiday. The Japanese Nikkei closed down 0.4%, with the rest of the index fluctuating between ups and downs. Hang Seng is down 0.2%, Kospi Shil is down 0.4%, while Shanghai is up 0.6% and Shenzhen is up 0.7%.
In the commodity market there are slight declines in contracts for gold, while oil is up 0.1% and in the crypto market there is a recovery. Bitcoin is up 4.3%, rising to $ 37.2,000, Ether is up 4% and trading at around $ 2,450. For Bitcoin it is still at a level about 10% lower than last week. Heather is 20% away from his level a week ago.
5. The reporting season in the US continues
The tech giant Microsoft Last night after the end of trading, it published its reports, according to which it overtook forecasts both in the revenue line ($ 51.7 billion compared to the estimate of 50.6 billion – 20% growth compared to last year) and in the earnings line ($ 2.48 per share compared to expectations of $ 2.31). The stock fell 5% with the release of the reports, but ended the late trading phase with a 1.2% increase in the end.
The night after the lock ring they will publish reports Tesla andIntel , And before that will be reported among others Boeing, Kimberly Clack and Las Vegas Sands. tomorrow Dark Will report its quarterly performance, as well as Deutsche Bank, Ford Motors, Visa and MasterCard.