Israel Stocks: Ampal, Camtek, Danya Cebus, Africa-Israel, Xfone
Israel’s TA-25 Index (TA-25) declined for the first time in three days, dropping 0.2 percent to 1,131.3, at the 4:30 p.m. close in Tel Aviv. The measure has climbed 4.2 percent this year. Investors traded about 945 million shekels ($248 million) of shares and convertible securities, according to bourse data.
The following stocks rose or fell today. Symbols are in parentheses.
Ampal-American Israel (AMPL) Corp, the owner of a stake in a company that exports gas from Egypt to Israel, advanced 5.2 percent to 1.726 shekels, the highest since Oct. 31. Globes reported gas supply from Egypt has been restored partially after flows to Israel were halted on Nov. 28 following an explosion on the Sinai pipeline network.
Camtek Ltd. (CAMT) (CAMT IT) slumped the most since Nov. 22, retreating 4 percent to 8.034 shekels. The maker of automated optical inspection systems said fourth-quarter revenue would be $20.5 million to $21 million, or about 5 percent below its previously issued guidance.
Can Fite Biopharma Ltd. (CFBI) rose for a second day, gaining 1 percent to 0.484 shekel. The biopharmaceutical company said 85 percent of patients in a Phase I/II clinical trial of its CF102 drug to treat liver cancer reacted positively.
Danya Cebus Ltd. (DNYA) surged the most since January 2009, soaring 29 percent to 14.98 shekels. Africa-Israel Investments Ltd. (AFIL) offered to buy the 27 percent it doesn’t already own of the construction services company for 14.50 shekels a share. Africa-Israel climbed 0.9 percent to 14.04 shekels, the highest since Jan. 10.
Prolor Biotech Inc. (PBTH) gained the third time this week, rising 4 percent to 24.17 shekels. The biotechnology company that uses proteins to improve existing treatments said twice-monthly injections of its modified version of human growth hormone showed potential to replace daily injections in a pilot study.
Xfone Inc. (XFN) jumped to the highest since Dec. 19, advancing 7.3 percent to 1.75 shekels, the equivalent of 46 cents, after the U.S.-traded shares soared 18 percent to 46 cents yesterday. The provider of long-distance and data services said it connected its fiber network expanded to include Slaton, Texas. The company said yesterday it expects fourth-quarter FTTP, or Fiber-To-The Premise, revenue to increase 30 percent.
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