Market Report Israel Chemicals Rallies as Market Rebounds

Signs that the crisis in Syria is receding and that a potash price war may not materialize lead to a market rebound on Monday.

Tel Aviv shares did an about-face on Monday, rebounding strongly in heavy trading just one day after they had retreated in face of renewed concerns over Syria. Israel Chemicals rallied on news that two Russian potash makers may settle a dispute that threatened global potash prices.