Trading Review: Current Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
17:28
Negative stock market lock. The Tel Aviv 35 Index decreased by 1%, the Tel Aviv 90 Index decreased by 0.6%, the Banks Index retreated by 1.5% and the Oil and Gas Index decreased by 1.8%. The trade turnover amounted to about NIS 2 billion.
Sharp declines were recorded Ratio LivePerson, Foresight, Rada, Audiocodes Plasaun, Nova And horizon.
On the other hand, significant increases were recorded Biomix , Beit Shemesh Palram, the father and the training of the locality.
16:35
The network of fitness clubs Holmes Place Reported a significant increase in revenues that amounted to NIS 311 million, compared with NIS 196 million last year. The company that was hit during the Corona period locksmiths and restrictions on gyms returned to routine and showed growth in all financial parameters. The number of subscribers at the end of the period amounted to approximately 145,000 subscribers, compared with approximately 126,000 subscribers at the end of 2020. The bottom line is that the company recorded a profit of NIS 5 million in the fourth quarter of 2021, compared with a profit of NIS 1.4 million in the corresponding quarter in 2020. In 2021, a loss of NIS 21.8 million was recorded, compared with a loss of NIS 78.9 million in 2020.
15:40
Exacerbations of stock market declines. The TA 35 index is down 0.9%, the TA 90 is down 0.5% and the oil and gas index is down 3.2% against the background of a sharp drop in the world oil price. The trade turnover amounts to NIS 1.15 billion.
Sharp declines register Delek Group, Navits, Micronet, Foresight Ora Smart, Brill LivePerson and Bern.
On the other hand, significant increases are recorded Aerodrome , On canvas , Palram Locality training, Malam Tim, Aura And Novolog.
13:50
The declines in the stock market continue. The oil index is already erasing more than 3%, while crude oil prices in the markets are dipping by about 6%. Extremely sharp declines are recorded Ratio (See update of reports from this morning), Fuel group , Navits andNew Med . The real estate indices, which are up 0.4%, and cleantech, which are up 0.5%, stand out against the trend. The trading turnover so far amounts to NIS 790 million.
Keystone Summarizes the first year in which it became a public company with revenues of NIS 106 million, reflecting a return on the weighted asset value of about 16.3%, with about half of the cash flow income. The net profit amounted to NIS 62 million. The fund will distribute a dividend of NIS 40 million (43 ag per share).
Trollite Reported its intention to invest in solar projects in the UK. In the first phase, it performs due diligence on the portfolio of projects of approximately 180 megawatts. For the benefit of the new investments, the company will work to create collaborations with two local entities in the UK, which will invest together with it some of the required capital and jointly manage the operations.
12:35
The negative trend in the stock market continues, with TA 35 falling by 0.6% and TA 90 by 0.5%. The banks index is deleted by 1%, the oil and gas index is cut by 2.7%. The trade turnover so far amounts to about NIS 600 million.
Libra Falls close to 8% after publishing reports yesterday. The digital insurance company made a loss in the fourth quarter of the year, which amounted to NIS 4.5 million (compared with a profit of several tens of thousands of shekels in the corresponding quarter). This is despite the fact that the premiums earned (gross) in the quarter jumped by 77% compared to the corresponding quarter in 2020 and amounted to NIS 73.8 million.
Settlement training It reported that revenues last year increased by 35% to NIS 478 million and the net profit attributed to shareholders jumped to NIS 222 million, compared to only NIS 24 million in 2020. The increase in the value of real estate for investment in 2021 amounted to NIS 602 million, of which NIS 452 million in respect of properties abroad.
11:30
The leading indices in Tel Aviv continue to lose ground. TA 35 is down 0.6%, with the bottom of LivePerson and Ofco (and at the top) Mitronics With an increase of 2.3%), the Tel Aviv 90 index decreases by 0.5% when Israel Shipyards andCar fuel At the bottom of the index. Among the industry indices, almost all register declines, whenOil and gas index Falls more than 2%. The Marketing Networks Index Increases by 0.2% and the cleantech index by 0.1%. The trade turnover so far amounts to NIS 425 million.
Quick Jumps 21% after reporting she andElectra Consumer Products Will establish a common platform for online retail. According to the agreement, the online activity of Quick and Bitan Wines will be merged into a joint company that will be held by EMZ (51%) and Quick (49%). The companies will inject a joint initial capital of NIS 30 million.
The non-bank credit group Peninsula Reported that the founder and CEO Micha Avni last night informed the board of directors of his intention to retire after 17 years. The board of directors approved the appointment of Eyal Lior as the new CEO.
More in the reports: PCB , Which is controlled by the Phimie Foundation (48%) and is engaged in the production of printed circuits, reported that its revenues in 2021 amounted to about $ 121.5 million compared to $ 117.8 million in 2020. The loss amounted to about $ 518,000, compared to a net profit of about $ 3.3 million last year. ImageJest , Which specializes in space intelligence solutions, reported that revenues in 2021 increased by 40% and amounted to about $ 36.3 million. Net income increased by 4% to $ 7.4 million. Group Excel Reported that revenues increased by 74% to NIS 115.5 million and the adjusted net profit increased 2.5 times and amounted to NIS 7.2 million.
10:01
Trading on the stock exchange opened in a negative trend, with TA 35 and 125 shed about 0.2%, and TA 90 weakened at a lower rate than that. The oil index is down 0.6%, and the banks index is down 0.1%. The dollar continues to lose ground and drops to NIS 3,168.
The flood of stock market reports continues, here are some of the reports:
Quick Concludes its first year as a public company with a 30% increase in revenues, which amounted to NIS 164.7 million. Recorded a total annual loss of NIS 38.3 million, compared to a loss of NIS 37.3 million in 2020. At the same time, it reported an agreement with a group Electra To establish a common platform for online retail.
partnership Ratio , Which owns 15% of the Whale Reservoir, reported revenue of $ 293 million in the past year, an increase of about 50% compared to 2020. The annual net profit was $ 77 million. Natural gas sales jumped 48% compared to the previous year.
The insurance group Assurance Announced that its income from gross premiums increased last year by about 30% to about NIS 309.9 million. The total premiums earned gross in 2021 increased by 44% to NIS 270.8 million. Total profit climbed by 137% and amounted to NIS 5.3 million.
Solgreen Reported that its revenues in 2021 increased by about 19% to about NIS 40.3 million. The bottom line is a net profit of NIS 14 million, compared to a loss of NIS 9.8 million in 2020. This is thanks to a profit of NIS 42.7 million attributed to the revaluation of the convertible loan measured according to the fair value of the Cubix company.
Regions Reported a 190% jump in net profit, which amounted to NIS 322 million in 2021. Revenues grew by 21% to NIS 1.5 billion. Sold 1,164 apartments for NIS 2.5 billion, a 40% increase in the financial volume both in relation to 2020 and in relation to 2019.
Ackerstein Group Reported a decrease in annual revenues (NIS 640.5 million, compared to NIS 662.8 million in 2020). Net profit increased slightly: NIS 60.3 million, compared with NIS 59.1 million in the previous year.
Valio Capital Has published reports that include for the first time the activities of the Psagot Investment House, whose acquisition was completed in August. In 2021, it recorded revenues of NIS 117.8 million and a representative net profit (after depreciation of intangible assets) of NIS 6.5 million.
House and roof , Issued just last week, is reported for the first time as a public company. Revenues increased by 145% and amounted to NIS 298.5 million, and the company made a net profit of NIS 30.9 million compared to a loss last year. (Full disclosure: Alona Bar-On, publisher of Globes, is one of the founders of House and Roof and a director)
08:45
Icon Group , An importer and marketer of Apple in Israel (via the iDigital network) has published good reports for 2021, after recovering from the difficult corona year. The company’s revenues jumped by 46% and amounted to NIS 1.42 billion, the annual net profit jumped by about 60% and stood at NIS 68.6 million. About two weeks ago it was reported that the KSP network had received an official import permit from Apple and would no longer need to purchase the products through its brokerage.
07:40
5 things to know before opening a trade
1. Expect a mixed trend
The Tel Aviv Trading Day is expected to open with a mixed trend, in parallel with the Asian trend and in light of slight increases in futures contracts on Wall Street.
Yesterday, after declining mainly throughout the day, the trading day ended in a mixed trend. The TA 35 index ended up 0.3%, the TA 125 climbed only slightly, and the TA 90 fell 0.4%. Among the industry indices, the banks index rose 0.2%, and the oil and gas index 1.6%. On the other hand, real estate and construction indices fell by 1.1% and 1.3%, respectively. The trade turnover amounted to NIS 2.3 billion.
The annual reports will continue to flow to the stock exchange on the last day of the reporting season, and today are expected to publish, among other things. Doral , Generation Capital Panaxia and more.
2. Red lock on Wall Street
Wall Street closed yesterday in red, NASDAQ Decreased by 1.2%, S&P500 Weakened by 0.6% andDow Jones Retreated 0.2%. This morning there was a positive trend in trading on futures contracts.
Government bond yields in retreat. The yield on the 10-year bond drops to 2.34% and the two-year bond yield drops to 2.30%.
The dollar continues to fall against the shekel, losing 0.3% this morning to a level of NIS 3.177. The euro is stable at around NIS 3,547, while the pound weakened by 0.5% and dropped to NIS 4,168.
3. The US administration is fighting the rise in fuel prices
According to US media reports, President Joe Biden is expected to order today the release of up to one million barrels of oil per day from the US strategic oil reservoir, among other things, to combat the sharp rise in fuel prices. The period in which oil production will be increased but it may last for several months.
Crude oil prices, which climbed about 3% yesterday, are falling. Brent cut 5% to $ 107.6 a barrel, and U.S. oil (WTI) fell 6% to $ 101.3 a barrel.
4. Negative arbitrage gaps
Almost all major dual stocks returned with negative arbitrage gaps, and the weighted gap on the Tel Aviv 35 index was negative by 0.3%.
nature Which also soared in Tel Aviv after announcing a compromise agreement with the state of Florida as part of the state’s lawsuit regarding opioids (will pay $ 177 million and supply the generic drug Narcan life-saving at an estimated value of about $ 84 million) closed the gap and even came back with low negative arbitrage . LivePerson With a high negative gap of almost 4% and also Ofco Health , Nova andOrmat Are expected to lose height.
5. Negative trend in Asia
Asian stock markets are trading in a mostly negative trend. measure Nike Decreased 0.4%, indices Hang Seng And Shenzhen shed 1% and bShanghai The decrease is about 0.1%. On the other hand, the cosmic index and the Sydney index in Australia are rising.
In the crypto market, stability is recorded, when eBitcoin Trades around $ 47,000.