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Eran Azran, Eran Azran

Latest Articles by Eran Azran
Tel Aviv Stock Exchange
Market report / TASE marks fourth-day of gains, dollar strengthens against shekel

Despite recent gains, the Tel Aviv Stock Exchange is still underperforming compared to other global financial centers and is thought to have room to rise.

0 comments
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  • Market Report / Tech stocks, Teva boost TASE
  • Market report / Tel Aviv stocks fall while global shares rally
  • Market Report / Technology shares, Teva pull TASE higher
New York shoppers
Market Report / Tech stocks, Teva boost TASE

Last week's rally continued on improving sentiment about the economic outlook in the U.S.

0 comments
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  • Market Report / Technology shares, Teva pull TASE higher
  • Market report / Tel Aviv stocks fall while global shares rally
  • Market report / TASE marks fourth-day of gains, dollar strengthens against shekel
A dollar
Dollar rises 2.3% against the shekel after Bank of Israel rate cut

The central bank's surprise decision last week to cut rates and buy foreign currency followed concerns that the strengthening shekel was hurting exporters.

0 comments
Dollar - Bloomberg - Sept. 30, 2010
Market Report / Technology shares, Teva pull TASE higher

Gains by Teva and tech stocks on Wall Street lifted the TASE with help from the shekel, which appreciated against the dollar on surprise news from the Bank of Israel.

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  • Market Report / Bank of Israel move lifts Tel Aviv Stock Exchange
  • Market report / Tel Aviv stocks fall while global shares rally
  • Market Report / Spurned by Potash Corporation of Saskatchewan, Israel Chemicals leads TASE lower
  • Market Report / Tech stocks, Teva boost TASE
  • Market report / TASE marks fourth-day of gains, dollar strengthens against shekel
Leviathan
Israel's Karish offshore well may contain up to 100 billion cubic meters of gas

Delek Group and Noble Energy complete exploratory drilling at the Karish 1 offshore drilling well.

with Avi Bar-Eli 3 comments
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  • Israeli MK seeks to regulate natural gas exports via legislation
Hadassah Hospital at Ein Karem in Jerusalem.
Israel Medical Association threatens Hadassah work action if non-physician takes over

Clal Insurance's Avigdor Kaplan has already been chosen to take over at the ailing Hadassah Medical Center in Jerusalem.

with Ronny Linder-Ganz 0 comments
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  • Hadassah weighing plan to lay off 200 staffers
Pictures of Syria's President Bashar Assad and Syrian flags burn
Market Report / Tel Aviv Stock Exchange turns away from jitters over Syria to close up

Gains on Wall Street, Asian markets push up major indexes.

0 comments
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  • Market report / Israel's budget disappointment keeps TA-25 in the negative
U.S. dollars (AP)
Bank of Israel intervenes for fourth time in four weeks, lifting the dollar

'If it becomes apparent that Syria is again restraining itself, the shekel will resume its appreciation,' forex trader FXCM says.

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  • Bank of Israel intervenes as Buffett buyout strengthens shekel
  • Shekel reaches 17-month high against dollar as Tamar natural gas field begins production
  • Bank of Israel buys up dollars, reverses slide against the shekel
  • Market report / Tel Aviv stocks fall while global shares rally
Syria strike
Market report / Anxiety over Syria hits Tel Aviv stocks

News of Israeli bombings in Syria overwhelmed positive global trends, sending the Tel Aviv Stock Exchange downward.

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  • Market Report / Bank shares lead Tel Aviv stocks down
  • Market report / TASE has a mixed May Day
  • Market report / Israel's budget disappointment keeps TA-25 in the negative
Drilling platform of the Leviathan natural gas field.
New estimate: Leviathan worth NIS 5.5b more than thought

Controlling partners announce gas field contains 19 TCF of natural gas, 11% more than the 17 TCF previously estimated.

1 comments
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  • Noble Energy warns it may quit Israel if tax rules are revised again
  • Shekel reaches 17-month high against dollar as Tamar natural gas field begins production
  • Tamar field's gas will save Israeli industry a bundle in energy costs
leviathan - Courtesy Albatross - July 8 2011
Leviathan gas field is even more gargantuan than previously believed

The Leviathan field off the coast of Hadera, discovered in June 2010, has 11 % more gas than the partners had estimated.

0 comments
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  • Israeli cabinet approves plans for sovereign wealth fund
New York stock exchange  - AP
Market report / TA-25 gains on global rally; gov't bonds at record high

The index of blue-chip stocks closed above 1,200 for the first time this week, and Israeli government bonds rose in anticipation of a cut in rates.

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  • Market report / Babylon plummets, telecom stocks rally in quiet trading
  • Market Report / Bank shares lead Tel Aviv stocks down
Dollars
Bank of Israel buys up dollars, reverses slide against the shekel

Purchase of $75 million to $100 million Tuesday morning nudges U.S. currency to NIS 3.59, after it bottomed out at NIS 3.58 in morning trading.

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  • Bank of Israel intervenes in forex market in effort to limit shekel's appreciation, traders say
  • Bank of Israel intervenes as Buffett buyout strengthens shekel
  • Alony Hetz makes foray into U.S. real estate
  • Bank of Israel intervenes for fourth time in four weeks, lifting the dollar
El Al Israel Airlines plane
TASE rises on bullish winds from Europe

El Al regained 7.1% after falling sharply earlier this week. The company has been in the middle of a firestorm amid the cabinet’s decision to push through the Open Skies agreement with Europe.

0 comments
Finance Minister Yair Lapid
Market report / Yair Lapid's budget lowers spirits on Tel Aviv Stock Exchange

News of a 1% hike in the corporate income tax rate weighs on shares.

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  • Lapid unveils plan to cut spending by a deep NIS 26 billion in 2013-14 budget
  • Bank of Israel chief frowns on Lapid's plan to increase budget deficit target
El Al Israel Airlines plane
Open Skies pact presents El Al with nothing but challenges

With unions set to ground flights to and from Israel, the country's flagship carrier must plan for streamlining while hoping a new investor and banks stay on board.

with Yoram Gabison and Moti Bassok 1 comments
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  • If Open Skies deal gets approval, FIMI might balk at El Al investment
  • From baseball to business, El Al strike upends travel plans
  • Israel Airports Authority demands preventive injunction against Ben Gurion strike
  • Why is the Open Skies agreement creating such turbulence?
  • Airport strike to end as agreement is reached with El Al, treasury says
  • The hidden taxation of Israel's skies
  • Israel's cost-of-living banner has been raised
  • In strike-ending deal, El Al gets first-class treatment
  • David's Harp / Israel with Open Skies and without El Al
Tamar
Delek Group plans $2 billion debt offering in U.S.

Financing generated by offering to go toward offshore gas exploration; offering is one of largest ever launched abroad by an Israeli company.

0 comments
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  • Tshuva's company fined heavily for causing environmental damage
  • Bank Leumi wrote off debt for Yitzhak Tshuva too
  • Where only giants dare tread: Israel's bond market
Chuck Hagel
Market Report / Fears of U.S. move into Syria send TASE shares lower

TA-25 index declines 1.22% on the day for a 2.3% loss on the week.

0 comments
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  • Market Report / Biomed and tech lead TASE higher
  • Market report / Israel Chemicals, Mellanox cast pall over stocks
  • Market report / Babylon plummets, telecom stocks rally in quiet trading
Ben-Gurion Airport strike September 13, 2010 Nir Kafri
Israeli airlines threaten strike from Sunday if cabinet approves EU open skies agreement

El Al shares sank 6 percent on Tel Aviv Stock Exchange on news of impending vote on pact, as investors fear further damage to carrier's bottom line.

with Zohar Blumenkrantz 2 comments
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  • Can Israel have an open-skies revolution and a better El-Al too?
  • Israeli airline employee unions meet Yair Lapid over 'Open Skies' agreement
  • Rhetoric soars as Open Skies deal heads toward approval
A bulldozer works at a magnesium factory near the Dead Sea.
Market Report/ Lapid-prompted sell-off accounts for fifth of day’s trading

Following the finance minister’s announcement that he would oppose the sale of Israel Corporation’s Stake in Israel Chemicals, shares in both companies plummeted.

0 comments
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  • Market report / Telecom shares nudge TASE up; dollar gains strength against shekel
  • Market report / Holiday doldrums retain their hold on TASE
  • Market report / TASE ends lower despite gains for foreign markets
Tycoons delivering haircuts
Huge chunk of Israeli stocks carry going-concern warning

Out of all the companies listed on the Tel Aviv Stock Exchange, one-third are considered financially unsound and a very risky buy.

0 comments
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  • Thin markets, more competition slash investment houses' profits
  • TASE ends lower on paper-thin turnover
  • Habas expanding in Europe
  • Irate citizen vows to 'defile' Bank Hapoalim if it writes down Moti Zisser's debt
TASE
TASE ends lower on paper-thin turnover

Investors may have applauded the decision to abandon 2-year budgets, but the Street impacted more.

0 comments
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  • Huge chunk of Israeli stocks carry going-concern warning
Wall Street - Reuters
Market report / TASE shares end lower on fresh euro worries

The Tel Aviv Stock Exchange ended broadly lower Thursday amid declines on Wall Street and in Europe and Asia and bearish signals from the European Central Bank on risks to eurozone economies.

0 comments
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  • Market report / Telecom shares nudge TASE up; dollar gains strength against shekel
TASE
Market report / TASE shares end lower on fresh euro worries

The Tel Aviv Stock Exchange ended the three-day holiday-shortened week on a low as European shares fell sharply in response to European Central Bank inactivity.

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  • Market Report / FIBI, energy shares lead TASE lower
  • Market report / Holiday doldrums retain their hold on TASE
  • Market report / TASE ends lower despite gains for foreign markets
Prime Minister Benjamin Netanyahu with Peter Coleman CEO Woodside, in Jerusalem, in 2012.
Shell may divest stake in Australia's Woodside to avoid risk of Arab boycott

Move by energy giant would be in response to agreement by Australia's Woodside Petroleum to purchase 30% interest in Israel's Leviathan natural gas field, analyst says.

3 comments
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  • Tamar field's gas will save Israeli industry a bundle in energy costs
  • Shekel reaches 17-month high against dollar as Tamar natural gas field begins production
  • Turkish company lobbying Israel for gas exports to Turkey
View all >
Haaretz headlines
Stray mortar shell lands in Israel's northern Golan Heights.
Syrian forces, IDF exchange fire in Golan Heights for third time this week
By Gili Cohen | 08:51 AM
Two girls stand in rubble after a tornado struck Moore, Oklahoma, May 20, 2013
Oklahoma tornado death toll expected to rise to 91
By Reuters, The Associated Press | 04:19 AM
Givat Assaf -  Moti Milrod - 10112011
Kerry calls Israeli envoy to protest legalization of West Bank outposts
By Barak Ravid | 02:59 AM | 15
Two girls stand in rubble after a tornado struck Moore, Oklahoma, May 20, 2013
Scores die as ferocious tornado ravages Oklahoma
By Reuters, The Associated Press | 04:19 AM

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