Israel Stocks: Teva, Given Imaging, Nice Systems, Bezeq, Tower

Israel’s TA-25 index advanced for a second day this week, gaining 0.1 percent to 1,114.06 at the 4:30 p.m. close in Tel Aviv. Investors traded about 1 billion shekels ($267 million) of shares and convertible securities, according to bourse data.

The following stocks rose or fell today. Symbols are in parentheses.

Bezeq Israeli Telecommunication Corp. Ltd. (BEZQ) declined 1.5 percent to 6.231 shekels, the lowest level since March 2009. UBS AG cut the price estimate for Israel’s largest telecommunications company to 9.3 shekels from 10.2 shekels.

Given Imaging Ltd. (GIVN) jumped 9.6 percent, the biggest gain since May 29, to 72.97 shekels. The maker of a pill-sized camera to diagnose digestive ailments said net income soared 75 percent to $5.6 million. It expects 2012 revenue to be between $190 million and $200 million.

LivePerson Inc. (LPSN) (LPSN IT), advanced 15 percent to 56.01 shekels or the equivalent of $14.94, the highest since the shares were listed in March. The New York-traded shares of the provider of real-time chats and voice customer-service software advanced 19 percent to $14.96 yesterday.

Nice Systems Ltd. (NICE) climbed 1.1 percent to 137.80 shekels, the highest level since November 2007. The maker of analytical communications software said fourth-quarter sales advanced 14 percent to $213.6 million and net income fell to $15.2 million from $17.4 million a year earlier as operating expenses rose.

Teva Pharmaceutical Industries Ltd. (TEVA) gained the most since Jan. 4, advancing 2.4 percent to 167.80 shekels. Earnings excluding some costs climbed to $1.4 billion, or $1.59 a share, from $1.1 billion, or $1.25, a year earlier, the generic drugmaker said today.

Tower Semiconductor Ltd. (TSEM) surged to the highest level in more than six months, advancing 5.8 percent to 3.38 shekels. The shares rose on speculation the maker of customized chips will report higher revenue tomorrow. “There are estimates that the revenue and the guidance the company will give tomorrow will be good,” Eran Jacoby, an analyst at DS Securities and Investments in Tel Aviv said by phone today.

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at ssolomon22@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

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