Trading on the Tel Aviv Stock Exchange closed with slight price declines

by time news

The Tel Aviv Stock Exchange closed today in a moderate negative trend. The Tel Aviv 35 Index weakened 0.36% and the Tel Aviv 125 Index decreased 0.43%. The Tel Aviv 90 Index decreased by 0.58%. As for the sectorial indices, the Communications and Information Technology Index stood out when it weakened 1.40%, Tel Aviv Technology fell 0.91%, the Insurance Index fell 0.45%, the Real Estate Index fell 0.39% and the Banks Index remained stable. The oil and gas index rose 0.82%.

Shares of Poalim and ICC have concentrated large upside trading volumes. Shares of Leumi, Discount, Nice, Structure and Nature, concentrated large declining trading volumes.

A significant rise was measured today in Retailers’ share, which rose by about 7%. It is followed by prominent rates of increases today: Arad, Neto Melinda, Nafta, Ratio Yahsh, Aquital, Inrom and Ofco Health.

The large declining rates were led today by the share of Fattal Holdings, which fell by 4.5%, followed by shares in Zen, Terminal X, Hilan, Shikun VeBinui, Paz Neft, Ayias and Gensel.

The volume of trade today was about NIS 1.36 billion.

In New York, trading is declining, in Europe a mixed trend.

Profit in Shafir was hurt despite the increase in residential initiative. Gross profit was cut by 33%, the company is expanding in the field of real estate development, in addition it made purchases of NIS 2 billion, including land, a desalination plant and a network of up to 120.

Millennium Food-Tech Partnership led a $ 3.5 million round of investment in Yofix Probiotics. Ufix’s business model is based on the sale of raw material and the development of various applications in the category of plant-based milk substitutes for various customers in the food world.

READ Also:  Terminal X Reports: Revenue grew by 53%, loss nearly quadrupled

Space Communications reported a net loss of $ 2.3 million in the quarter, compared to a loss of $ 6 million in the corresponding quarter. The company recorded a 7% increase in revenue, which amounted to about $ 23.6 million in the quarter, compared to revenue of about $ 22.1 million in the corresponding quarter in 2020.

The Castro Group’s revenues increased by approximately 21% in the third quarter and amounted to NIS 424 million. The Group’s revenues in the first nine months of 2021 increased by 22.5% and amounted to NIS 1.13 billion, compared with revenues of NIS 919 million in the corresponding period last year.

Regional reports illustrate well the rise in apartment prices in the past year: the company sold 1,039 housing units in the last quarter with a total financial volume of about NIS 2.1 billion.

Shlomo Holdings: Net income for the quarter increased by approximately 51% and amounted to NIS 148 million. The Group’s revenues in the third quarter increased by 11% to NIS 1.2 billion, compared with NIS 1.1 billion in the corresponding period. According to the company, the increase is due to an improvement in vehicle activity, credit and insurance.

Real estate structure: Net profit for shareholders increased by 54% in the quarter and amounted to NIS 220 million. The total NOI from income-producing assets increased by 6.5% in the third quarter to NIS 157 million, compared with NIS 148 million in the corresponding quarter.

Quick: The net loss in the quarter amounted to NIS 8.1 million, compared to a loss of 8.4 million in the third quarter in 2020. The company recorded a 16% increase in revenues, to NIS 39.5 million, compared to revenues of NIS 33.9 million in the corresponding quarter last year.

READ Also:  Corporations pulled on the globe - Newspaper Kommersant No. 114 (7076) from 03.07.2021

The ETGA Group reported that the net profit for the quarter grew by approximately 83.3% and amounted to a peak of NIS 8.5 million. Revenues in the third quarter amounted to a peak of NIS 146.8 million, a jump of 118.8% compared to revenues of NIS 67.1 million in the third quarter of 2020.

The Azrieli Group updates that the net profit for shareholders in the quarter amounted to NIS 187 million, compared with NIS 193 million in the corresponding quarter. The NOI in the quarter amounted to approximately NIS 428 million, an increase of approximately 22% compared with the corresponding quarter last year. The increase is mainly due to the ease for tenants in malls in the corresponding quarter, against the background of the corona crisis.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.