Price increases in Tel Aviv, oil index adds 0.7%

The fourth trading day of this week is marked by price gains against the background of a positive closing last night on Wall Street, and on the local stock exchange. The positive trend comes despite the continued increase in the number of infected in Corona, which for the second day in a row crosses the threshold of 9000 infected per day, while the vaccination campaign continues and, as promised by the Prime Minister, by March all citizens will be vaccinated.

The banks’ shares concentrate the largest trading volumes, Leumi decreases 1.09% in the largest turnover in the market, Poalim weakens 1.23% while Discount Bank rises 1.6%. The trading volume in shares now amounts to only NIS 480 million and the trading volume in bonds reaches NIS 850 million.

Last night in New York trading ended with price increases, the NASDAQ index added 0.3%, the Dow Jones climbed 0.2% and the CP 500 closed unchanged (0.04%). This morning in Asia there is a mixed trend, the Nikkei index adds 1% while the Shanghai index falls 0.4% and Heng Seng lose 0.1% New York futures are currently trading up 0.2%.

The dual shares return to Tel Aviv with a positive gap of 0.2% and are expected to provide a boost to the indices. Sapphire returns with a positive gap of 2.6%, LivePerson with a positive gap of 2.1% and ICC with a positive gap of 2%. On the other hand, Ormat returns with a negative gap of 1.6%, Tower with a negative gap of 0.44% and Perigo with a negative gap of 0.3%.

Last night, trading in Tel Aviv ended with price increases, the Tel Aviv 35 index rose 0.6%, the Tel Aviv 125 added 0.4%, the banks index jumped 1.5%, the real estate index fell by half a percent, contrary to the trend and the oil index also strengthened 1.5%.

Whitesmoke has announced an investment agreement through a private placement. The company expanded its investment round to NIS 20 million, with Altshuler Shaham Investment House investing NIS 10 million and becoming a stakeholder. The stock flew 26%

Lahav L.R. updated that Yellin Lapidot Investment House has invested about NIS 25 million in the company through a private placement. The investment house has become a stakeholder in the company and now holds over 5.5% of the company’s shares. The investment was made at a share price of NIS 3.67, which constitutes a 3.4% discount on the company’s share price at the close of trading on Monday. The stock soared 6.5%.

Itamar Medical has signed an agreement to purchase technology and assets from Spry Health, in a cash transaction whose details are not reported. Spry, an American company from the San Francisco Bay Area, develops and markets remote medical monitoring solutions using clock-like equipment. The stock reacted with a rise of 2.7%

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