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Sources say the Caspian Pipeline Consortiums (CPC) Single Point Mooring Terminal 3 (SPM-3) has been activated after maintenance and is ready to resume crude oil loading.On January 25th, NIOs subsidiary, Ledao Auto, announced that its "Nationwide Battery Doubling Plan for Battery Swapping Stations" has reached 91.36% completion. As of January 24th, Ledao had added over 7,309 new batteries, achieving 91.36% of the overall progress. The company aims to complete the addition of over 8,000 new battery packs within January, effectively doubling its battery capacity.Zhongchong Co., Ltd. announced that it plans to repurchase shares worth 100 million to 200 million yuan for the purpose of converting the companys convertible bonds. The repurchase price will not exceed 78 yuan per share.On January 25th, Jiaming Packaging announced that its stock price had increased by 408.11% from December 17, 2025 to January 23, 2026, triggering multiple instances of abnormal stock trading fluctuations. The significant short-term price increase has deviated from the companys fundamentals. To protect investors interests, the company will suspend trading to investigate the stock trading fluctuations. Upon application to the Shenzhen Stock Exchange, the companys stock will be suspended from trading starting January 26, 2026 (Monday), with the suspension expected to last no more than five trading days. The company reminds investors to be aware of the risks associated with secondary market trading.On January 25th, Liu Juncai, a member of the Beijing Municipal Committee of the Chinese Peoples Political Consultative Conference (CPPCC) and director of the Beijing Municipal Health Commission, revealed in an interview that Beijing has implemented 67 measures to support childbirth, distributing 947 million yuan in childcare subsidies last year. When discussing the progress of Beijings efforts to alleviate the burden on medical resources, Liu Juncai stated that by 2025, three projects, including the second phase of Tsinghua Changgeng Hospital, will be operational; three projects, including the Tongzhou branch of the Beijing Childrens Hospital, will be accelerated; and six projects, including the Fangshan branch of Xuanwu Hospital, will commence construction. The departmental setup of Xiongan Xuanwu Hospital will be fully implemented, and the first phase of the Peking Union Medical College Hospital National Medical Center (Xiongan branch) will commence construction. This year, we will coordinate the implementation of a comprehensive package of childbirth support policies, including childcare subsidies, maternity insurance, and maternity leave, while also cooperating with the Municipal Education Commission to study relaxing the standards for inclusive childcare fees and optimizing subsidy policies.

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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