Trading Review: Current Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
17:30
The trading day on the stock exchange closed with a mixed trend, with a 0.6% rise in the Tel Aviv 35 indexHorizon andThe Phoenix At the top with an increase of 4.5% each andNova At the bottom with a decrease of 3.1%). The Tel Aviv 90 Index lost about 0.4%, despite a sharp rise of 30%Brack N. V AfterTerminal X. Mimicking nearly a quarter of its value, Fox shed 9.4% and Retailers cut 7.5%. also Thorpez Lost about 10% after the reports. The trade turnover amounted to NIS 1.93 billion.
Among the industry indices, Banks Index Rose by 2.5%, the financial index by 2%, The insurance index Added more than 3% and the cannabis index advanced 1%. On the other hand, the index of retail chains fell by 2.2%, Oil and gas index Lost 1.8% amid falling crude oil prices and the technology index retreated by 1%.
Stock Jacob Finance Climbed 5.5% in its first day on the stock market. Shaul Nawi’s non-bank credit company was born out of a dispute with his brother Dori, at the end of which Shaul separated from the company The Naoi brothers And now returns to the stock market as a competitor.
16:15
Trading on the stock exchange continues to take place in a mixed trend, with the banks index rising by 2.7%, while the retail chains index is down 2%. Among the continuous indices, TA 35 increases by 0.8%, TA 125 by 0.5%, and TA 90 decreases by 0.1%. The trading turnover amounts to NIS 1.47 billion.
After reports have been published Melisron Real Estate Analyst from IBI, Nadav Berkowitz, raised the target price from NIS 295 per share to NIS 310 per share on the recommendation of an excess return, “in light of the future initiative with the scope of signed contracts and the improvement in FFO,” the investment house noted.
Energian , Which develops the shark and crocodile gas reservoirs, has signed a contract with the IEC under which it will be able to purchase natural gas from its reservoirs. The price of gas will be determined in each period, and the quantities purchased will be determined on a daily basis. The agreement is valid for one year from the date of production of the first gas from the Shark Reservoir, with the possibility of extension.
The father Leaps after announcing today at the HIMSS Global Health Conference & Exhibition a partnership with Enlitic to secure health data in artificial intelligence-driven applications, to help make faster and more accurate diagnoses. Brack N. V Rises above 25%, after reporting redemptions inSeries B bonds . Other notable increases are recorded in Gev Yam, Properties and Building, Gazit Globe and Norstar.
15:10
The mixed stock market trend continues as the Tel Aviv 35 and 125 indices climb, while Tel Aviv 90 sheds 0.1%. The banks index is up 1.1%, and the oil index is declining at a similar rate. measure Retail chains Falls more than 2% due to the sharp declines recorded by the Fox Group Public Companies – Fox , Retailers And at the bottom Terminal X. Which dives close to 20% after the reports. The trade turnover so far amounts to about NIS 1.1 billion.
Nextperm , Which develops a yeast-based vegan protein, reported a 154% jump in its sales (thanks to the antioxidant product Astaferm launched in late 2020) but they are still minimal and stand at less than $ 250,000. The annual loss was $ 5.5 million, compared to a loss of $ 3.4 million the previous year.
14:00
Mixed trend in the stock market. The Tel Aviv 35 Index is up 0.6%, while the Tel Aviv 90 Index has declined slightly. The trading turnover amounts to NIS 895 million.
Stock The father Jumps about 12% in a huge cycle. Brack NV also stands out with a 21% increase.
On the other hand, sharp declines are recorded by Fox, Thorpez, Terminal X and Tamar Petroleum.
Company Gilat Reported today that Intelsat is expanding its in-flight Internet connectivity capabilities through a multi-million dollar order that includes Gilat’s SkyEdge IV Taurus modems.
12:30
The Tel Aviv 35 Index is currently climbing by 0.8%, and the Tel Aviv 90 Index is up 0.2%. The trading turnover amounts to NIS 616 million.
Terminal X drops 16% after reports. Thorpez also falls by about 7% after the reports it published this morning.
Sharp declines are even more pronounced Analyte Energy , Fox , Novolog Retail Lux, Nakes and Energix.
Novolog reported today that operating profit in the fourth quarter amounted to NIS 16.8 million, compared with NIS 14.4 million in the corresponding quarter in 2020, an increase of 16.2%. Net income for the quarter amounted to NIS 9.8 million, compared with NIS 8.3 million in the corresponding quarter last year, an increase of 18.1%.
11:02
Mixed trend in the stock market. The Tel Aviv 35 Index is up 0.6%, and the Tel Aviv 90 Index remains stable. The trading turnover amounts to NIS 273 million.
Company Terminal X. Reported today a loss of NIS 8.6 million in 2021 compared to a profit of about NIS 3 million in 2020.
10:00
A positive trend in the opening of trading on the stock exchange. The Tel Aviv 35 Index is up 0.8%, and the Tel Aviv 90 Index is up 0.2%.
Melisron shares are up 2.8% after the reports released by the company this morning.
Stocks also stand out Fox Reit 1 (which also published reports), Cellcom andNofar Energy .
On the other hand, Fuel group Falling by 2.2% against the background of a sharp decline in oil prices today.
08:45
In the foreign exchange market, the dollar weakened by about 0.3% this morning, trading around NIS 3.255, and the euro weakened by about 0.8% and traded around NIS 3.555.
07:45
5 things you should know before opening trading on the Tel Aviv Stock Exchange
1. Expect a mixed opening
The high volatility on the stock exchange in Israel and on stock exchanges around the world is expected to continue today. However, trading is likely to open in a mixed trend. This is after yesterday the Tel Aviv 35 index decreased by 1.5%, the Tel Aviv 90 index retreated by 1.55%, and the banks index fell by 2.7%. The trading turnover amounted to NIS 868 million.
2. A mixed trend in Asia
Asian stock markets are trading today in a mixed trend. In Hong Kong, the Heng Seng index fell by about 3.8%, while in Tokyo the Nikkei index traded up by about 1%.
The sharp declines in Hong Kong are recorded against the backdrop of a renewed outbreak of the corona plague in China, which has led to the imposition of a partial or full closure on major provinces and cities. High-tech stocks are leading the declines, including Alibaba, which is down another 8%.
Trading in futures contracts on US stock indices is up 0.5% -0.7%.
3. Oil and gold lose altitude
In the commodity trading segment, oil contracts are declining by more than 2% and gold is declining slightly.
4. Reports: a profit of about NIS 1.5 billion for Melisron
The lucrative real estate giant Melisron Reported this morning a net profit of about NIS 1.5 billion in 2021, compared to a loss of NIS 250 million in 2020.
Thorpez Reported a profit of $ 12.7 million last year, compared to a profit of $ 7.9 million in 2020.
5. Hapoalim: Very high price indices are expected in the coming months
Finally, Bank Hapoalim economists note in their weekly survey that “the overall picture today is much more inflationary than we estimated a month ago. If we freeze energy and commodity prices at their current level, we expect very high price indices in the coming months: 0.5% February, 0.7% March, 0.9 April and 0.5% in May. In the next 12 months, inflation will amount to 3.3%. An early end to the war in Ukraine will lead to lower inflation. If immigration increases, we may also see increasing pressure on rental prices, a factor that may further raise inflation. The bond market is now pricing inflation at an average annual rate of 3.9% over the next two years, but in the derivatives market inflation is significantly lower Over 3% per year. “
“The rise in inflation is largely due to exogenous factors, but there is also a rise in local factors such as rents and other services, and in light of the low unemployment rate there is a risk that it will be at a higher level than expected.” The interest rate in Israel is still expected to be lower than in the United States at any given time in the coming year.