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Fitch Ratings: Hungary faces challenges of growth and fiscal consolidation following the election.On March 13, the Russian Foreign Ministry announced that on March 12, at the request of Cuba, Russian Foreign Minister Sergey Lavrov and Cuban Foreign Minister Rodríguez held a telephone conversation. During the call, they discussed key issues concerning bilateral cooperation and the international agenda. Lavrov reiterated Russias principled position of not accepting US economic and political pressure on Cuba. Russia supports the Cuban peoples right to defend their national sovereignty and choose their own path of development. The two foreign ministers also discussed arrangements for upcoming Russia-Cuba events.Ukrainian President Zelensky: We are particularly focused on expanding the border crossings between Ukraine and Romania. We also discussed work related to the intergovernmental agreement on joint supervision of the Ukraine-Romania border crossings.Ukrainian President Volodymyr Zelensky: Developing an energy network between our two countries is crucial, not only for Ukraine to cope with energy shortages caused by Russias continued attacks on its energy infrastructure, but also for supporting Romania when we have a power surplus and can export electricity. Therefore, cooperation in the energy sector is a key topic of our discussions.Ukrainian President Volodymyr Zelenskyy: During my meeting with the Romanian Prime Minister, we discussed defense support. I thank Romania for its military assistance and contributions to the Ukrainian Public Security Union initiative. Strengthening air defense is a priority for Ukraine.

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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