The Tel Aviv 90 Index added 0.8% to its value, the Bank Index rose by 1.96%; iSure moved the Biomed Index to the downside. The company raised $14.5 million following positive interim data from a study on the treatment of kidney patients
Trading on the Tel Aviv Stock Exchange was closed with price increases that increased during the lock. The Tel Aviv 35 index jumped by 0.94%, the Tel Aviv 90 index added 0.8% to its value, the banks index rose by 1.96%. On the other hand, iSure moved the biomed index to a decrease of 1.35%.
Eysure took advantage of the positive momentum recorded following the interim results of a study in kidney cancer patients treated with the company’s system, and raised $14.5 million at a value of $1.65 per share. The stock fell by 53% at the end of trading in the local market – for the full article.
Businessman Aharon Frankel exercised the option given to him by Mubadala Petroleum, which is owned by the government of Abu Dhabi, to purchase 11% of the Tamar gas reservoir. A year ago Mobdala purchased 22% of the pool through two special purpose companies when Frankel was given the option to purchase one of them and now he exercised the option.
Malran will not exercise the option to purchase the holdings of the owner from Ryan in the company that was supposed to merge the private companies Einav HaHatz and Torav since the merger of the companies was canceled – see the full article.
Orbit received orders in the amount of 4 million dollars from the aircraft manufacturer Airbus – for the full article.
Phoenix and Excellence became interested parties in the Isracard credit card company.
Midrog left the A2 rating on a stable horizon for bonds (series 3 and 6) of Enlight Energy.
Trading turnover on the stock exchange amounted to NIS 1.4 billion.
17:00
Trading on the Tel Aviv Stock Exchange is conducted with price increases similar to the positive sentiment recorded at the opening in New York. The Dow Jones index rises by 1%, the Nasdaq climbs by 0.6%.
The Tel Aviv 35 index rises by 0.56%, the Tel Aviv 90 index adds a similar rate to its value, the banks index climbs by 1.3% and on the other hand, iSure falls and moved the biomed index to a decrease of 1.5%.
12:45
Trading on the Tel Aviv Stock Exchange is conducted in the green territory led by the biomed index which rises another 3% after increases of over 5% yesterday. The Tel Aviv 35 index rises by 0.5%, the Tel Aviv 90 index climbs by 0.66% and the banks index rises by 1.6%.
Norstar loses about 5% against the trend, and the Hanan Mor share continues the negative momentum registered yesterday and loses another 7% of its value.
The trading turnover at this time amounts to NIS 480 million.
10:15
The fourth trading day of this week at the Tel Aviv Stock Exchange opened with slight price increases, after last night on Wall Street the indices broke a 4-day streak of declines. In the early hours of this morning, the futures contracts on the leading indexes in New York rise up to 0.6%.
The TA 35 index rises by 0.2%, the TA 90 climbs by 0.4%, the biomed index rises by 2.5% and the banks index adds 0.3% to its value.
Last night on Wall Street, Eysure jumped 177% at the end of the day, after the stock jumped 280% in Tel Aviv. The company took advantage of the momentum to raise money and submitted a preliminary prospectus to the American Securities and Exchange Commission (SEC). Trading in the stock in Tel Aviv will open after the completion of the pricing.
Abugen loses over 4%, G City increases by 2.5% in the background of the purchase of shares by Haim Katzman in the amount of NIS 750 thousand. Biogroup’s bonus increases by 6.3%, Brainsway jumps by 11%, Protelix increases by 8%, and Space Communications, which is being liquidated in a debt settlement, increases by 5.3%.
Yesterday, the trading house estate closed in declines, led by the banks index which lost 1.5% of its value, TA 35 fell by 0.6% and the TA 90 index shed a similar rate. iSure jumped the biomed index by over 5% yesterday in trading.
Fears of a recession have somewhat faded on Wall Street amid good reports presented by Nikkei, whose stock jumped by about 13% after beating forecasts for the second (fiscal) quarter. The company recorded a 17% jump in revenue to $13.3 billion, on a profit per share of 85 cents – above forecasts that expected a profit of 64 cents per share. Beyond that, FedEx beat the profit forecast and its stock rose 5% after.