Trading Review: Current Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
17:25
Mixed stock market lock. The TA 35 index closed up 0.2% and the TA 90 index closed unchanged. The oil and gas index jumped 2.2% amid a sharp rise in world oil prices. The trade turnover amounted to NIS 2.4 billion.
Fuel group Stood out with an increase of about 5%, In the variety Jumped 6.9%, High school towers 5.4%, ICC 3.9%, Ashtrom Group 4.1% and Doral 3.6%.
Group revenue Ashtrom In 2021, they amounted to NIS 4.46 billion, a slight decrease compared to 2020, when revenues amounted to NIS 4.63 billion. According to the company, the decrease in revenues is mainly due to the completion of contracting work abroad and a delay in receiving new works and their beginning, during the corona period. Gross profit in the past year amounted to NIS 894 million, similar to gross profit in 2020. NIS 1.23 billion, compared with a net profit of NIS 329 million in 2020.
Mitronics Reported today a net profit of NIS 224 million in 2021, compared to a profit of NIS 154 million in 2020.
16:10
The slight declines in the stock market continue. The key indices are down 0.2% -0.5%. The trade turnover amounts to NIS 1.35 billion.
Sharp rises are recorded In the variety Ildav, the father, Adika Style Third Eye, High School Towers, Fuel Group and Doral.
Strong operating results for the income-producing real estate group Gazit Globe In the fourth quarter of 2021. The company reported today that it ended the fourth quarter with a net profit attributable to shareholders of NIS 320 million, compared to a loss of NIS 163 million recorded in the corresponding quarter in 2020. The high net profit in the fourth quarter contributed to an increase in the value of investment real estate and investment real estate in development of NIS 517 million. On the other hand, total income from renting buildings and others actually recorded a slight decrease of 3.3% in the fourth quarter to NIS 583 million.
14:10
The declines in the stock market are intensifying. The TA 35 index is down 0.3% and the Tel Aviv 90 index is down 0.6%. The banks index is stable, the oil and gas index rises by 1.5% in parallel with the rise in crude oil prices. The trade turnover so far amounts to NIS 825 million.
Father Security Tessa 28% after announcing that it is merging with SPAC at a value of $ 1.28 billion (currently the cyber security company is traded in Tel Aviv at a value of NIS 820 million). It intends to be delisted from the stock exchange after the merger. Along with the merger, PIPE will issue $ 50 million from institutional investors from Israel.
Gazit Globe Reported a net profit of NIS 646 million in 2021 compared to a loss of NIS 653 million in 2020, in light of an increase of NIS 621 million in the value of the assets. The NOI from identical assets increased by 1% compared to the previous year while the FFO decreased slightly.
Medical Cannabis Company Panaxia Israel Jumps by 23% with no background reports, Mediterranean Towers Strengthens after reporting yesterday a 3% increase in revenues (which amounted to NIS 213 million) and a sharp jump in net profit, which amounted to NIS 297 million (compared to a loss of NIS 12.7 million in the previous year), thanks to revaluation gains of NIS half a billion . Adika Style Jumps 8.5% day after publication of parent company golf reports. Despite the decline in Adika activity, golf Tripled its profits last year.
12:35
Trading in Tel Aviv continues to be in a negative trend, and the three major indices are down 0.2%. The banks index rose by 0.1%, and the oil index rose by 0.9%. The technology index loses 0.8%. To date, the trade turnover amounts to NIS 560 million.
Aerobotics Falling by 11% after expiration of options, Tiv Ta’am, Max Stock and Shikun VeBinui fall after the reports.
Housing and Construction Decreases by 3% after reporting a 9% decrease in its revenues in the fourth quarter of the year and a transition to a quarterly loss of NIS 45 million (compared to a profit of 110 million in the corresponding quarter in 2020).
Three 3 diam Leaps after announcing a partnership with the American company 3D SYSTEMS, to integrate its printhead into the commercial 3D printers that 3D SYSTEMS manufactures. Chekratech Announced that it has successfully completed a series of tests and trials for its new flywheel (V8), as part of its licensing process.
11:30
The stock market indices have declined slightly. TA 35 is down 0.2% and TA 90 and 125 are down 0.3%. The banks index is stable, the oil and gas index is up 1% and the cannabis index is up 0.6%. The trade turnover so far amounts to about NIS 330 million.
Here are some additional data from reports that flowed into the stock market today:
Sharsh Reported a 172% jump in annual net profit, which amounted to NIS 834 million. The NOI income-producing real estate increased by 3% and amounted to NIS 351.9 million, the adjusted (real) FFO increased by 13.6% and amounted to NIS 212.7 million. A dividend of NIS 81 million was approved.
Yotron Which is controlled by the Pimi Fund, reports an 84% growth in annual revenues to NIS 79 million and a shift to net profit compared to a loss of NIS 31 million in 2020.
Ashtrom Group Reported that its revenues in 2021 amounted to NIS 4.46 billion (a decrease of 3.6% compared to 2020) and that the net profit attributed to shareholders increased to NIS 1.23 billion (including a profit of NIS 500 million following the state’s buyback in the light rail project In Jerusalem).
Arrows Reported a jump in the annual net profit that amounted to NIS 1.55 billion (compared to NIS 303 million in 2020). The FFO attributed to shareholders decreased by more than 1% and amounted to NIS 489 million.
Dor Alon Reported that the total food retail turnover increased by 13% compared to 2020 and amounted to NIS 1.4 billion. Net profit jumped to NIS 208 million, compared with NIS 65 million the previous year.
Tiv Ta’am Reported an increase of about 1% in annual revenues (which amounted to NIS 1.59 billion), while the average revenue per square meter in identical stores increased by 3.9%. The annual profit jumped by 14.2% and amounted to NIS 70 million.
10:02
Trading on the stock exchange opened stably. The TA 35 index registers an increase of 0.1% and the TA 90 is stable or trades with a minimal decrease. TA 125 also without substantial change.
flash Climbs shortly after publishing strong annual results and for the first time since 2018 returns to dividend distribution. The group recorded a 1.1% increase in revenue to NIS 8.82 billion – the first increase in revenue since 2016. Net profit amounted to NIS 1.18 billion, an increase of 48.6%.
Max Stock Decreases after reporting a 10% increase in revenues in 2021 which stood at NIS 976 million. The accounting net profit attributed to shareholders in 2021 amounted to NIS 68.2 million, compared with net profit to shareholders in the amount of NIS 71.8 million in 2020.
08:35
Azrieli Group Reported a 31% increase in NOI in 2021, which amounted to NIS 1.59 billion, and a huge profit of NIS 2.4 billion from adjusting the fair value of its real estate assets. The next thing to jump in is its net profit, which in 2021 amounted to 2.88 NIS 1 billion, compared to only NIS 184 million in 2020. The company will distribute a dividend of NIS 650 million next May.
Boligo Reported revenue in 2021 jumped to $ 30.2 million compared to $ 10.3 million in 2020. Net income rose to $ 13.6 million, compared to $ 5 million the previous year.
Top gum , Which operates in the field of nutritional supplements, reported a 33% jump in its annual revenue (totaling $ 25.7 million). Total profit increased by about 175% to about $ 3.7 million, mainly due to net exchange rate differences resulting from the translation of the reports into dollars.
Elco Reported that revenues in 2021 grew by 37% to a peak of NIS 15.1 billion and the net profit attributed to shareholders almost doubled to NIS 545 million.
Ratio Petroleum Reported a sharp increase in its annual loss, which jumped from $ 3.3 million in 2020 to $ 20.8 million last year.
07:45
1. Expect a green opening
The trading day in Tel Aviv is expected to open with a positive trend, in parallel with the trend in Asia and contracts, and after beautiful gains yesterday in most markets.
Yesterday, the indices closed slightly higher. Tel Aviv 35 Increased by 0.8%, Tel Aviv-90 At 1.1% andTel Aviv 125 At 0.9%. Among the industry indices, Banks Index Increased by 1.2%, Oil and gas index Strengthened by 1.6% and the real estate index added 1.1%.
2. US bond yields continue to climb
Wall Street closed in the green yesterday, and this morning, too, there is a positive trend in trading on futures contracts. last night NASDAQ Increased by 1.9%, eDow Progress 0.7% and index S&P500 Strengthened by 1.1%.
Government bond yields also continue to climb and have been at their highest level for about three years. The yield on the 10-year bond rises across the 2.4% line and the two-year bond yield advances to 2.18%.
Until Thursday, when night time will also apply in Israel at night, trading hours on Wall Street will be between 15:30 and 22:00 Israel time.
3. Arbitrage gaps are mixed, the reports will continue to flow
Its major dual stocks are mixed with arbitrage gaps, and no real impact on the Tel Aviv 35 index is expected.
Nova , Nice andLivePerson Are expected to lose height due to negative gaps as well Kamtech With a high negative gap of about 4%. ICL , canon andTower Open slight positive gaps that will provide them with a windfall.
The annual reports also continue to flow to the stock market. Arrows Published this morning, Discount Investments andProperties and building Post in the early hours of the night. Reports will be published later flash Boligo, Max Stock, Azrieli, Paz, Rav Briach, Gazit Globe, Tiv Ta’am and many more.
4. Positive trend in Asia
Asian stock markets are enjoying momentum in the market and there are gains in most indices. measure Nike Jumps by 3%, index Hang Seng At 1.3%, while in Shanghai and Seoul, increases are more moderate. In Tokyo, a softbank corporation stands out as it jumps 7.5% and carmakers are also concentrating interest. In Hong Kong Shiomi and Alibaba are rising by about 5% and 6.5% respectively.
In the commodity market the trend is mixed. Brent rose 1.2 percent to $ 116.8 a barrel, and U.S. oil weakened 1 percent to $ 110.5 a barrel. Gold is stable at around $ 1,921 an ounce.
5. After a third rate hike, inflation data in the UK will be released
Today at 9:00 (Israel time) the UK Consumer Price Index will be released for February, about a week after the central bank decided to raise interest rates in the kingdom for the third time in a row (to 0.75%) to combat the rampant inflation. According to market forecasts, the index rose 1.2% in February and 5.9% at an annual rate (following a rise to 5.5% in January).
According to Ofer Klein, head of the Economics and Research Division at Harel Insurance and Finance, the Bank of England stated that the war in Ukraine will bring inflation to about 8% in the coming months. “Contrary to the previous announcement, none of the committee members supported an increase of half a percentage point and the governor noted that a similar rate of increase in the future is no longer certain due to the greater damage to household income. In our estimation, inflation and high expectations In Harel.