Public opinion may be turning against them, but inequality is growing faster than ever.
The maker of software for insurers has boosted its sales fivefold in four years. Armed with cash from a planned share offering, it aims to grow more.
With just $1.6 billion under management, the industry is small − but it’s growing rapidly and managers say that the talent is there to exploit, if the regulatory environment improves.
Many a fine Israeli tech company is traded on NASDAQ but not in Tel Aviv. Why is it that local capital market animals are the only ones in Israel who haven’t caught the high-tech fever?
Is it better to invest in property or securities? A hard look at the figures yields a compelling case for putting your money in the capital market.
The Tel Aviv Stock Exchange ended lower on Sunday, as the global stock-market rally stalled.
If fruits and vegetables are excluded from the calculations, the cost of living actually declined by 0.1% in February.
The appointment, which will take effect on April 1, follows a screening process that took several months and in which dozens of candidates were considered.
The TA-25 index closed up only 0.04%, and the TA-100 edged just 0.06% higher. Turnover was a massive NIS 2.2 billion.
Africa Israel shares slide on report of increased losses; rising revenue boosts construction firm U. Dori Group.
The TA-25 benchmark index of blue chip stocks ended up less than 0.2% to 1,217.96 points at the closing, while the broader TA-100 rose 0.1% to 1,087.37.
The bank, led by CEO Rakefet Russak-Aminoach, said the quarterly loss would likely trim its annual profit down to NIS 1.09 billion in 2012, a 42% drop.
Following a long Purim holiday weekend, TA-25 finishes at 1,220.67 points, a gain of 0.2%, while broader TA-100 advances 0.2% to 1,089.14; Turnover is a tepid NIS 819 million shekels.
The likes of Check Point and Amdocs won't dual-list at home until institutional investors overcome their techno-phobia.
The TASE’s TA-25 benchmark index slid 1.9% to 1,218.00 points, with the broader TA-100 subtracting 1.7% to a finish of 1,085.80.
The benchmark TA-25 index of blue chips rose 0.5% to close at 1,224.72 points, while the TA-100 ended up 0.4% to 1,091.04 on turnover of NIS 1.08 billion.
The TA-25 index of blue chips ended the day at 1,176.67 points, a decline of 0.8% as turnover on the TASE reached NIS 1.05 billion. The broader TA-100 index was down almost 1% to 1,047.59.
Home Skinovations, which makes laser hair-removal equipment, has sights set on growing personal spending in the U.S.
Stocks fell to open the trading week on the Tel Aviv Stock Exchange Sunday. The losses came despite Friday's gains on Wall Street, as well as a 17% jump in shares of dual-listed Mellanox.
The sell-down in Tel Aviv came in sharp contrast to the trends in global markets over the weekend, as world equity and oil prices rebounded.
Stocks in Tel Aviv edged downward Wednesday, following Europe into the red as the World Bank issued a pessimistic forecast for global growth.
Rumors of marriage with Verint surface from time to time; this round may have more credence.
The blue chip TA-25 index and the TA-100 index both lost 0.75% to close.
The benchmark TA-25 index of blue chip stocks ended at 1,214.59 points, a jump of nearly 2.5%, and the TA-100 advanced 2.6% to 1,076.43 as some NIS 971 million in shares changed hands on the TASE.
Despite the global financial crisis, the Tel Aviv Stock Exchange made up some lost ground this year
The TA-25 index of blue-chip stocks finished down 0.8% at 1,181.48 points, and the broader TA-100 fell 0.6%, to 1,045.70.
The blue chip TA-25 index fell 0.64% to close at 1,211.65 points and the broader TA-100 index dropped 0.68% to end the day at 1,063.85 points.
The benchmark Tel Aviv-25 index declined by 1.1% on Thursday, closing at 1,230.88 points, while the Tel Aviv-100 was off by 1.3%, ending the trading day at 1,082.90.
TA-25 reaches as high as 1,248.82 points in the early afternoon before tracking downward to finished at 1,244.45 points; TA-100 index is 0.13% lower at the finish, at 1,097.06 points.
Until Tuesday's 8.5 percent correction, the stock had fallen 45 percent since July, even if it is trading on the Tel Aviv Stock Exchange at more than triple its value from a year ago.