Market report / Tel Aviv shares extend gains on U.S. economic data
El Al Airlines climbs 8.2% on reports that Israeli-American entertainment entrepreneur Haim Saban might buy a controlling stake.
Tel Aviv shares rose for a second session Monday as global stock markets hit record highs, underpinned by improving U.S. economic data that overshadowed a credit squeeze in China. The dollar, however, slumped against the shekel.
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