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Ukrainian President Zelensky: Russian attacks are "evolving," with more complex weapon combinations, requiring specialized defense measures.Ukrainian President Zelensky: Further attacks by Russia will make it more difficult to reach an agreement to end the conflict.February 17th - According to the New York Post, US President Trump stated on Monday that the $5 billion pledged for the reconstruction of the Gaza Strip will be used for projects approved by the Peace Commission, which will meet near the White House later this week. This fundraising, announced ahead of Thursdays summit, is the first phase of a $70 billion reconstruction effort estimated by a joint study by the United Nations, the European Union, and the World Bank. When asked about the funds, Trump said in a brief phone interview, "It will be used to make Gaza function successfully." He added that the funds will be used to "stabilize Gaza and ultimately benefit other areas of the world where peace can be achieved," hinting at his ambitious vision for the commission, which he chairs. When asked if the pledged funds would be used to build housing for Gazas nearly 2 million people, Trump said, "We havent decided yet...that will be decided by the commission."Ukrainian President Zelensky: Russia is preparing for a further large-scale attack on the energy sector, which requires a properly configured air defense system and timely support from partners.Ukrainian President Zelensky: Ukraine is simultaneously focusing on military preparations and diplomatic efforts.

At market close, Israeli equities dropped; the TA 35 index declined 0.64 percent

Aria Thomas

Jul 05, 2022 11:10


The Israel stock market declined on Monday evening, with losses in the Banking, Insurance, and Financials sectors leading the slide.


At the market's close in Tel Aviv, the TA 35 fell 0.64 percent.


During the session, Energix (TASE:ENRG) had the best performance on the TA 35, collecting 5.27 percent of 61.00 points to end at 1,218.00. Strauss Group (TASE:STRS) jumped 2.07 percent, or 180 points, to $8,859.00 at the conclusion of trade, while Azrieli Group Ltd (TASE:AZRG) advanced 1.08 percent, or 270 points, to $25,300.00 in late trading.


Israel Corp (TASE:ILCO) ended the day with the worst performance, sliding 3.96 percent, or 6,240.00 points, to 151,260.00. ICL Israel Chemicals Ltd (TASE:ICL) closed the day at 3,097.00, down 3.07 percent, or 98.00 points, while Kenon Holdings Ltd (TASE:KEN) down 2.28 percent, or 310.00 points, to 13,310.00.


On the Tel Aviv Stock Exchange, decreasing stocks outnumbered rising stocks by a ratio of 276 to 201, with 39 remaining unchanged.


The August delivery price per barrel of crude oil increased 1.82 percent, or $1.97, to $110.40. Brent oil for September delivery rose 1.75 percent, or $1.95, to $113.58 per barrel, while the August Gold Futures contract rose 0.28 percent, or $5.00, to $1,802.50 per troy ounce.


The USD/ILS exchange rate fell 0.60 percent to 3.50, while the EUR/ILS exchange rate fell 0.64 percent to 3.65.


The US Dollar Index Futures climbed 0.07 percent to 104.98.


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