EUR/USD 1.16337
0.228%
Gold 4193.23
1.233%
Oil 58.266
0.119%
USD/JPY 151.382
-0.277%
GBP/USD 1.33502
0.231%
GBP/JPY 202.103
-0.032%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On October 15th, Mitsubishi UFJ analyst Derek Halpenny wrote in a report that the market is currently underestimating the likelihood of another Bank of England rate cut before December, which could put downward pressure on the pound. He noted that if upcoming economic data show continued slowing inflation and no rebound in wage growth, the case for easing monetary policy will be further strengthened. Furthermore, the UKs Autumn Budget, to be announced on November 26th, is likely to confirm the drag of fiscal austerity on the economy. According to LSEG data, the market is currently pricing in only approximately 12 basis points of rate cuts by December.Indias exports to the United States were $5.43 billion in September, down from $6.87 billion in August, according to Reuters calculations.On October 15th, Sifang Optoelectronics announced that it had recently received a contract from a renowned international automotive OEM to supply automotive-grade PM2.5 sensors. According to the clients forecast, deliveries of this contract are expected to begin in 2027, with a lifecycle of seven years. The total contract value is estimated to be RMB 59 million (excluding tax). This project award is a recognition of the companys R&D technology, product quality, and supply chain capabilities. It will help increase the companys PM2.5 sensor market share, promote its technological innovation, and develop its in-car air quality improvement device business. The project is expected to have a positive impact on the companys core operating revenue and profitability in the coming years, aligning with the overall interests of the company and its shareholders.ECB official Dolenc: There is no reason to adjust interest rates in the coming months.On October 15, relevant data showed that the growth rate of M1 has rebounded significantly in recent months, and the M1-M2 gap has narrowed significantly since the beginning of this year, reflecting positive signals such as the increase in corporate production and operation activity and the recovery of personal investment and consumption demand.

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.


Suggestion