Halt follows announcement by Hyperion Therapeutics that it had uncovered misconduct in recently-purchased subsidiary Andromeda Biotech.
Eran Azran, Eran Azran
U. Dori losses balloon to $116 million; Eliezer Fishman moving forward with plans for IPO of cellular tower operator T4U Holding Brasil.
TA-25 index gains 1.4% for the day as government’s 10-year shekel bond touches record high
Clal Insurance buys U. Chicago property; Tel Aviv Stock Exchange drops amid war and Q2 reports.
With growth sluggish and a strong shekel, expect the Bank of Israel rate to remain low for now.
Four companies have raised $709 million this year and more are on their way.
The dollar gains more than 1% on the Israeli currency to its highest level since March.
The housing market has been in flux as buyers wait to see whether Finance Minister Yair Lapid’s 'zero-VAT' bill is approved.
Multimillionaire Eliahu Rosenberg is the spirit behind new partnership looking for oil near the Dead Sea.
Cellcom reports 18% rise in quarterly profit, Boris Mintz looks to sell $145 million in bonds on TASE, Tel Aviv shares edge higher.