Trading on the Tel Aviv Stock Exchange closed in a positive trend


The TA 35 index rose by 0.21% and the TA 125 index rose by 0.44%. The oil and gas index stood out when it rose about 3%, the Norstar share rose about 27%

The Tel Aviv Stock Exchange closed positive today. The Tel Aviv 35 Index rose 0.21%, the Tel Aviv 125 Index rose 0.44% and the Tel Aviv SME60 Index rose 0.73%. As for the sectoral indices, the oil and gas index stood out when it climbed 2.98%. Tel Aviv Technology rose 2.34%, the Communications and Information Technology Index rose 1.22%. In contrast, the Banks Index fell 0.42%, and the Real Estate Index fell 0.34%.

The major trading volumes today on the local stock exchange were concentrated by the shares of NICE, Discount, Poalim, ECAL and Mitronics, in decline. Shares of Leumi, Fattal Holdings and Teva concentrated large upside trading volumes.

The most notable increases today were measured among the Norstar share, which rose 27.44%, followed by the shares of Fattal Holdings, Arco Holdings, Delta, Hachshara Yishuv, Gazit Globe, the Stock Exchange and Ista.

The major declines today were led by the Delek Group’s share, which fell by 7.16%, followed by shares in ATM, Azorim, Delek Rachav, Mitronics, Harel Investments, Gev Yam and Airport City.

The volume of trade today was about NIS 1.45 billion.

Trading in New York opened with price increases, and in Europe green screens as well.

Infimer announces progress in the sale of its subsidiary, Infimer Technologies, to Steady State. The subsidiary has developed a unique technology for waste treatment solution.

Powerflit has reportedly provided Day & Ross with solar tracking technology. Day & Ross plans to deploy Powerflit’s LV-500 product in a fleet of more than 3,000 trailers to optimize supply route management and ensure operational savings.

Willy Food International concludes the second quarter with an increase in revenue and profits. The company’s sales increased by 4% and reached NIS 104.2 million. Net profit increased by 34.1% and amounted to NIS 15.2 million.

The Finance Committee has approved the mobilization of provident funds for investment. Savers who have reached the age of 60 will be able to transfer the provident fund savings for investment to an annuity provident fund, thus enjoying the tax benefits provided in the annuity.

Leumi: “Global supply that is about to expand in the face of weak demand will have a negative effect on the price of oil. In the longer term, only after the world recovers from the ongoing corona crisis, are there factors that will support the demand for oil. ”

Space Communications and Gilat will cooperate in cellular and Internet transactions in the African continent. The two will offer advanced communication services like distance medicine, online learning, video conferencing and more.

The Ministry of Housing imposed a fine of NIS 800,000 on the fruit of real estate. This morning, an outline was set for correcting defects, pointed out by the Sales Law Commissioner, in the activities of all the purchasing groups organized by the company.

July in mutual funds: Mutual funds raised NIS 970 million in July and total assets in manufacturing increased by 2.5% to NIS 300 billion. The imitation funds have been leading the fundraising for the second month in a row.

Canomed: Another agreement to export cannabis to Germany in the amount of about 10 million euros. Buyers from Germany have pledged to purchase 1.2 tonnes of medical cannabis inflorescences from Cannonemed for 3 years at a price of 4.2 euros per gram.

Properties and Building will carry out an urban renewal project in Petah Tikva. The company will cooperate with Etgar Company in the Ramat Werber project, in which 540 housing units will be built; The expected revenue of the project is estimated at NIS 800 million.

Harel Finance: “Israel on the way to closing the gap with the world. The month of July marks the beginning of a new trend, thanks to the Bank of Israel’s decision on a plan to buy corporate bonds, as well as thanks to the expected update of Israeli stock indices this weekend.”

Sinal offers the state an app to monitor those staying in solitary confinement without invading privacy. The app allows users to perform online reporting actions from the mobile on entry and exit, based on location.

KadimaStem: Positive Intermediate Results in an ALS Trial. Treatment with the AstroRx cellular product presented a good safety profile and results indicating clinical efficacy in the second treatment group of the Phase 1 / 2a clinical trial.

Dario Heath completed a private placement of approximately $ 28.6 million. Leading American and Israeli entities participated in the recruitment. Israeli institutional investors also participated in the offering, including Phoenix, Moore Investment House, Psagot and Meitav Dash.

The Pimi Fund acquires 37.5% of industrial grenades at a value of NIS 400 million. The cost of the transaction is approximately NIS 150 million. The Rimoni and Phimie family will hold joint control. Lilach Asher Topilsky is expected to be appointed chairman of the company.

Gil Sharon has been appointed chairman of Bezeq. Sharon will replace Shlomo Rodev, who retired last month and will serve as chairman of the board of directors of Bezeq and its subsidiaries. The new CEO will take office within a few weeks.

Poalim: “Private consumption is recovering slightly but is still far from pre-crisis levels. Credit card purchases are about 4% lower in the last two weeks of July compared to pre-Corona levels. Some workers who return to work are content with significantly lower wages and low job percentages.”


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