Trading Review: Current Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
17:29
Trading on the stock exchange ended in a mixed trend, against the background of the negative trend on Wall Street. measure Tel Aviv-35 Increased by 0.3% andTel Aviv-125 Locked unchanged, while index Tel Aviv-90 Decreased by 0.6%. Also the indices of theOil and gas GodBuilding GodCannabis andCleantech Lost height. On the other hand, the eBanks Increased by 0.3% and the index eBiomed At 1%.
Trading turnover was particularly high due to the expiration of weekly derivatives and amounted to close to NIS 3.9 billion, with the highest turnover (NIS 438 million) concentrated in shares Nice After her nature , The workers andnational .
Unlibox Jumped by about 21% on the seventh consecutive day of gains, thus completing a rise of more than 50% within a week. Other notable increases were recorded Next Jen , Ari Real Estate , LivePerson , Pomwm And Norstar. On the other hand, there were significant declines in shares Medical Epitome Narhatech Media, Plassenmore, Uzerwai and Ambassador.
15:45
Mixed trend in the stock market. The TA 35 index reduced the increase to 0.2%, TA 125 traded up 0.1% while TA 90 lost 0.2%. Among the industry indices, the banks index rose by 0.3% and the biomed index stood out favorably with an increase of 1.3 The oil and gas index is down 0.4% and the construction index is down 0.8%, the highest decline among the indices.
Erica B-Cure Has announced an agreement in principle for the acquisition of control of Terveystekniikka, which is incorporated as a private company in Finland, and distributes the Bee Cure laser products in Finland and Sweden as well as distributes additional products for the treatment of pain. Erica will buy about 55% of its shares at a value of about half a million euros.
Home Ultrasound Company Plasanmore Drops more than 6%. The company announced today the appointment of Hagar Spitz as the general manager of the company’s headquarters in North America, as part of the expansion of its global operations. The company was headquartered in Boston, Massachusetts.
14:10
The TA 35 index is currently climbing 0.4% and the TA 90 index maintains stability. The trade turnover amounts to about NIS 1 billion.
Significant increases are recorded by Analvex, Next Jen, Ratio Plasaun, Norstar and Paz.
Stock Communication space Loses altitude after the company updated that “starting late at night, service has been suspended in some of the Amos 17 satellite services, which affects some of its customers. The company performs, in cooperation with the satellite manufacturer (Boeing), tests and actions required to return the service as soon as possible.”
12:40
The Tel Aviv 35 Index is currently up 0.5% and the Tel Aviv 90 Index is up 0.3%. The trading turnover amounts to NIS 350 million.
Company EL AL For the first time in its history, the CEO of Isha, Dina Ben Tal Genensia (48), the VP of Commerce who has worked at El Al for the past 14 years. Prior to that, she served for seven years as an outside consultant.
Yesterday, the institutional phase of the bond issue of Mizrahi Bank , In which the bank intended to raise an amount of about NIS 1 billion. Against the background of demand of about NIS 3.2 billion, the bank decided to increase the amount raised and set it at about NIS 2.4 billion. In the issue, the Bank’s debentures were offered in two new series: shekel and indexed, with a 5-year maturity. The shekel bond series (63) received demand in the amount of NIS 1.7 billion. The Bank will raise NIS 1.2 billion in this series, at an interest rate of 2.74%, about 0.91% over government bonds for a similar period. NIS 1.2 billion at a negative yield of about 0.41%, about 0.91% over index-linked government bonds for a similar period.
11:00
Slight rises in the stock market. The Tel Aviv 35 Index is up 0.1% and the Tel Aviv 90 Index is up 0.3%. The trading turnover amounts to NIS 350 million.
Stock Unlibox Continues the positive momentum and jumps another 21%. Sharp rises also in shares of Protelix, Norstar, Paz and Fertility.
Augwind Reported today that it has signed an agreement with Tempo for the supply and installation of the AirSmart system in the amount of approximately NIS 2 million. The system will be connected to the compressed air systems used to produce the beverage bottles at the company’s plant in Netanya, and will result in energy savings, as well as stabilizing and improving the plant’s production processes, and reducing production reduction rates.
10:02
A mixed trend in the opening of trading on the stock exchange: the Tel Aviv 35 index is up 0.2% and the Tel Aviv 90 index is maintaining stability.
Significant increases record Norstar, Petroleum , Summit Canon, Protelix andGazit Globe .
08:50
In the foreign exchange market, the dollar strengthens by about 0.1% and trades around NIS 3.23 and the euro strengthens at a similar rate and trades around NIS 3.525.
07:45
5 things you should know before opening trading on the Tel Aviv Stock Exchange
1. Expect slight declines
The trading day on the stock exchange is likely to open with slight declines. This is after yesterday’s trading on the stock exchange closed in a negative trend. The TA 35 index lost 1.5%, TA 125 fell by a similar rate and TA 90 dropped 1.7%. In the industry indices, the banks index deleted 2%, the oil index fell by 1.2% and the construction index fell by 2.9%. Trading turnover Amounted to NIS 2.12 billion.
2. Another day of declines in New York
The declines on Wall Street moderated last night towards the close. The Nasdaq index, which after the Fed’s protocol was published, had already fallen close to 3%, ended down 2.2%. The S&P 500 fell 1% and the Dow Jones fell 0.4%.
In the US government bond market, there have been increases in long-term bond yields, with the yield on the 10-year bond rising by 5 basis points to 2.60%. The bond yield for two years. Which for a while also climbed, descended slightly and finished at 2.49%.
The 10-year US government bond yield is down to 2.58% today.
The minutes of the last meeting of the US Federal Reserve’s Open Market Committee (FOMC) were published yesterday. At the end of the meeting, held on March 15-16, the Federal Reserve announced the first US interest rate hike since 2018. According to the minutes, the committee members discussed the reduction of the balance sheet and agreed on a reduction of about $ 95 billion ($ 60 billion in bonds and $ 35 billion in mortgage-backed securities). At the rate of interest rate hikes going forward, when the tendency was for more aggressive moves.
The dual stocks came back with mixed gaps. ICL With a negative gap of 1.4% while Ormat With a positive gap of 1.4% and Canon about 3% so they are expected to rise this morning.
Declines in Asia and contracts
Asian stock markets are trading in a negative trend today. The Nikkei index in Tokyo retreated 1.8% and the Hong Kong Hong Kong index fell 1.3%.
Trading in futures contracts on US stock indices is down slightly.
4. Commodities: Oil is climbing, gold is stable
In the commodity trading arena, a May contract for Brent oil traded up 1.8% at around $ 103 a barrel after a sharp drop yesterday, and a WTI oil contract recorded a 1.6% rise to $ 97.7 a barrel.
Gold is trading down slightly at around $ 1,924 an ounce.
5. Rami Levy has an interest in Norstar
The businessman and owner of the Sycamore marketing chain, Rami Levy, was revealed as a shareholder in the holding company Norstar, after he purchased shares yesterday and rose to a holding of more than 5% and is thus considered a stakeholder. According to a report from Norstar To the stock exchange, Levy bought 4,300 shares yesterday at a price of NIS 48.9 per share, and its total holding rose to 5.1% of the capital. In total, Levy owns about 1.74 million shares of Norstar, which controls the income-producing real estate group. Gazit Globe .
First objection to the merger of Delek Israel with Shufersal On the one hand, one of Shufersal’s major shareholders. Yesterday, the Phoenix Group sent a letter to Shufersal’s board of directors, calling for a postponement of the examination of the proposal, at least until Shufersal’s administrative backbone stabilizes, and until the permanent management can examine appropriate strategic alternatives.