Sunday 24 November 2013

Israel Stocks Extend Rally as Traders Weigh Iran; Saudi Gains - Bloomberg

Israel Stocks Extend Rally as Traders Weigh Iran; Saudi Gains - Bloomberg:

"Israel’s benchmark stock index advanced for a seventh day, tracking gains in U.S. shares last week, as investors weighed lower borrowing costs and Iran’s nuclear accord with world powers. Saudi shares rose.
The TA-25 Index (TA-25) increased as much as 0.7 percent to 1,354.53, the highest intraday level on record. The index, which closed at a record on Nov. 21, closed up 0.5 percent at 1,352.96 in Tel Aviv. Bank Leumi Le-Israel Ltd. climbed to the highest in more than two years while Cellcom Israel Ltd. (CEL) advanced 2.2 percent. Saudi Arabia’s Tadawul All Share Index advanced 0.6 percent"

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