Isramco Negev 2 LP (ISRAL) rose to the highest in two weeks after the oil and gas explorer and its partners in the Shimshon 1 site said they found “significant signs of natural gas” in exploratory drilling.
Shares of the Petah Tikva, Israel-based company advanced as much as 3.4 percent to 0.485 shekel, the highest intraday level since June 17 at 12:06 p.m. in Tel Aviv. The benchmark TA-25 index gained 2.4 percent.
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