Market report / Israel Chemicals drops as TASE rallies
'Sheshinski Effect' cited after treasury announces new panel to reexamine natural-resource royalties.
Tel Aviv shares joined a global share market rally on Monday, as investors got an extra hour to bid up prices under the first days of the stock exchange's new trading schedule. Israel Chemicals, hit by news the government will reexamine its royalty policy for nonpetroleum natural resources, dropped sharply.
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