Trading on the Tel Aviv Stock Exchange opened with a mixed trend. The Tel Aviv 35 Index adds 0.1%, the Tel Aviv 90 Index falls by 0.6%, the Bank Index sheds 0.2% and the Tel Aviv Oil and Gas Index falls by 0.3%.
Teva rises by 2%, Tower climbs by 1.77%, Electra adds 0.9% to the soft. On the other hand, Eloni Hatz drops by 2%, Mevana drops by 1.6%, Amot loses 1.3%.
Next Vision jumps 12% after strong reports it published this morning – for the full article.
09:30
The last trading day for this week at the Tel Aviv Stock Exchange is expected to open today (Thursday) following the stability recorded last night on Wall Street along with slight decreases in the futures contracts on the leading indices in New York at this time. In the background, disruptions are expected in the shadow of the protest in Israel against the legal reform.
The shekel is guessing this morning against the dollar, which rises by 0.5% to the level of 3.6 shekels.
Bank Poalim published the financial statements for 2022 this morning and warned that the legal legislation could harm the economy. The bank ended the year 2022 with a profit of NIS 6.5 billion – for the full article.
Cellcom also published the reports and concluded a strong year – for the full article.
Bezen published reports this morning and concluded the year 2022 with record profits with an EBITDA (annualized neutral) of 776 million dollars and an annual net profit of 441 million dollars. There was also a decrease of 224 million dollars in the amount of net debt in 2022. Bezen announced the distribution of a dividend of 220 million dollars.
Yesterday in the stock market, Arith Industries jumped by 40% on the background of receiving a very substantial order for 17-19 million dollars every year for a decade; Cybervan announced an agreement to install its systems on 1,200 Electra Afikim buses, this is the company’s largest commercial order to date; Apsalo Brands raised NIS 4.4 million, mostly from interested parties; Blitz announced the completion of conditions for the sale of 600 scooters made by the company to the United Arab Emirates; Chalal Communications announced an agreement to provide additional services from the Amos 17 satellite in the amount of 10 million dollars for 4 years.