Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Africa-Israel Properties, Magic Software: Israel Equity Preview

Don't Miss Out —
Follow us on:

Dec. 21 (Bloomberg) -- The following stocks may rise or fall in the Israeli market. Stock symbols are in parentheses after company names and prices are from the last close unless otherwise stated.

The TA-25 Index gained 0.5 percent to 1,314.73 in Tel Aviv.

Afcon Electro-Mechanics Ltd. (AFEM IT): A unit of the electronic equipment manufacturer won a tender from a government body. Afcon closed unchanged at 4.2 shekels.

Africa-Israel Properties Ltd. (AFPR IT): The real estate developer plans to raise 150 million shekels ($41.6 million) in a bond issuance after a planned initial public offering of its unit, AFI Europe NV, failed, Calcalist reported, without saying where it obtained the information. A call to the company’s spokeswoman before business hours wasn’t answered. Africa declined 1.2 percent to 55.80 shekels.

Magic Software Enterprises Ltd. (MGIC IT): The software developer raised $21.2 million through selling shares in a private placement to institutional investors. Magic increased 4.3 percent to 27.65 shekels.

To contact the reporter on this story: Ronit Goodman in Tel Aviv at rgoodman9@bloomberg.net

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.