Israel Equity Movers: Allot, Elbit, Israel Land Energy, Koor

Benchmark TA-25 Index climbs 0.4% to 1,217.72 at 11:26am in Tel Aviv, with 20 stocks rising, 5 declining.

ADVANCERS * Jerusalem Economy (ECJM IT) +5.2% to 22.88 shekels, highest close since June 10, in 2.5x 3-month avg. daily vol. * Allot (ALLT IT) +3.8%, most in a week; Co. gets $6m project to provide virtualized parental control * Elbit Systems (ESLT IT) +3%, most in more than a month, in 70% of 3-month avg. daily vol.; Co. yday announced pact for naval helicopter application with India’s Bharat Electronics ** Earlier story link

DECLINERS * Israel Land Energy (IE IT) -13% to 0.35 shekel, lowest on record; Co. said unit didn’t win Cyprus gas licenses it bid for as part of a consortium * Bezeq (BEZQ IT) -1.5%; co. rated new neutral at Goldman ** B Communications (BCOM IT) which has a stake in Bezeq -2.5% in 56% of 3-month avg. daily vol.

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

To contact the editor responsible for this story: Alaa Shahine at asalha@bloomberg.net

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.