ISRAEL DAYBOOK: Bank of Israel to Release Inflation Forecast

The Bank of Israel is scheduled to release the 12-month inflation forecast for September and money supply data for August.

* Two Palestinian militants were killed and one was critically
wounded in an Israeli air strike in the Gaza Strip today,
according to Ashraf Al-Qedra, spokesman for the Hamas-run Health
Ministry in Gaza.

* Discount Investment Corp. (DISI IT), the holding company’s
rating was lowered to ilBBB from ilA- at Standard & Poor’s
Maalot, for less-than-satisfactory liquidity and leverage
* Given Imaging Ltd. (GIVN IT), the Israeli maker of pill-sized
cameras for diagnosing digestive ailments, surged in New York to
trade at the biggest premium to Tel Aviv shares in three weeks
after the company submitted trial data for regulatory approval
in Japan.
* Hot Telecommunication System Ltd. (HOT IT), a mobile-phone,
fixed-line and cable-television provider, was cut to underweight
from equalweight at Barclays Plc.
* Cellcom Israel Ltd. (CEL IT), the country’s largest mobile-
phone provider, was raised to equalweight from underweight at
Barclays Plc.
* The TA-25 Index advanced 0.5 percent to 1,138.10.
* The yield on the Mimshal Shiklit government bonds maturing in
January 2022 was at 4.43 percent.
* The shekel weakened 0.4 percent to 3.9160 a dollar at 8:24
a.m. in Tel Aviv.
* Corn for December delivery declined 0.6 percent to $7.52 a
* Crude oil for October delivery dropped 1.0 percent to $91.02 a
* Gold for immediate delivery retreated 0.4 percent to $1,764.61
an ounce.

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at

To contact the editor responsible for this story: Claudia Maedler at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.