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The Bank of Spain: Major Spanish banks have limited direct risk exposure to the Middle East, but there is risk of impact on their Asian counterparts.British Prime Minister Starmers spokesperson, Wells, said that Prime Minister Starmer has full confidence in Health Secretary Straightin, who will continue to serve as Health Secretary.On May 14, the State Flood Control and Drought Relief Headquarters Office and the Ministry of Emergency Management organized a meeting with departments including meteorology, water resources, and natural resources, as well as six key provinces including Guangdong, Guizhou, and Hunan, to discuss and assess the recent trend of heavy rainfall and deploy flood control measures in key areas. In accordance with the relevant provisions of the "National Flood Control and Drought Relief Emergency Plan," the State Flood Control and Drought Relief Headquarters activated a Level IV emergency response for flood control in Guangdong and Guizhou at 18:00 on May 14. The meeting pointed out that a round of rainfall is expected to occur in central and eastern my country starting May 15, characterized by its long duration, wide coverage, and locally high intensity, possibly accompanied by short-term heavy rainfall and other severe convective weather, posing risks of river floods, flash floods, geological disasters, and urban flooding.U.S. Treasury Secretary Bessant: Looking ahead, in terms of how models will impact businesses, we are more likely to see a steady upward slope rather than a step-like leap. We are working with large banks as well as regional banks.May 14th - According to data from CINNO Research, global AMOLED smartphone panel shipments in the first quarter of 2026 reached approximately 210 million units, a year-on-year decrease of 0.7% and a quarter-on-quarter decrease of 19.7%. Despite market challenges, overall shipment performance remained stable, without a significant year-on-year decline. This is mainly due to a clear structural divergence in end-user procurement strategies: affected by the sharp rise in upstream memory chip costs, domestic Android brands generally tightened their procurement plans due to cost pressures, while Apple and Samsung maintained stable procurement thanks to their supply chain advantages and high profitability resilience. In addition, some domestic panel manufacturers proactively brought forward some future demand to maintain production line utilization and avoid the risk of subsequent price increases, further supporting the first quarters shipment performance. If end-user demand fails to improve in the future, the market may continue to face pressure.

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.