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On March 7th, Japanese Economy, Trade and Industry Minister Ryosuke Akazawa stated on Friday that he hopes the United States will not impose tariffs higher than those agreed upon last year, as Japan and the United States prepare for their leaders meeting later this month. Following approximately two hours of talks in Washington with U.S. Commerce Secretary Rutnick, Akazawa said they also discussed the next round of joint business projects and cooperation in strategically important areas such as energy, critical minerals, and artificial intelligence. With Japanese Prime Minister Sanae Takaichi scheduled to meet with U.S. President Trump at the White House on March 19th, Akazawa indicated that the two countries will continue to work closely to ensure a "fruitful" visit for Takaichi. Akazawas meeting with Rutnick comes approximately two weeks after the U.S. Supreme Court rejected Trumps comprehensive global tariffs.On March 7, Lei Haichao, Director of the National Health Commission, said at a press conference on peoples livelihood during the Fourth Session of the 14th National Peoples Congress that by 2025, the proportion of outpatient visits to primary healthcare institutions in my country will reach 52.6% of the total outpatient visits nationwide, marking the fifth consecutive year of increase in both the number of outpatient visits and the proportion of outpatient visits to primary healthcare institutions.On March 7, Sun Yeli, Minister of Culture and Tourism, stated at a press conference on peoples livelihood during the Fourth Session of the 14th National Peoples Congress that the main tasks for the cultural and tourism departments going forward are to focus on building a culturally strong nation and a tourism powerhouse, to formulate and implement the "15th Five-Year Plan" for cultural and tourism development, to proactively align with national development strategies, and to plan and promote culture and tourism within the overall context of the Party and the countrys cause, so as to better leverage their role in cultivating character and empowering economic and social development.Market news: Iranian drones flew toward Israel.Market news: Iran launched a ballistic missile at Israel.

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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