Jan. 24 (Bloomberg) -- Israel’s TA-25 Index retreated the most in two weeks, sliding 0.6 percent to 1,328.75 at the 4:30 p.m. close in Tel Aviv. Investors traded about 1.72 billion shekels ($475.3 million) in shares and convertible securities.
The following stocks rose or fell today. Symbols are in parentheses.
Israel Chemicals Ltd. (ICL IT) dropped to the lowest level since Jan. 4, losing 2.3 percent to 60.50 shekels. The strike at the fertilizer maker’s Dead Sea Works Ltd. unit may hurt first-quarter profit if it “continues this way,” Gilad Alper, an analyst at Meitav Investment House Ltd. said.
Magic Software Enterprises Ltd. (MGIC IT) climbed for a second day, increasing 2.2 percent to 29.18 shekels. The software developer said it was added to the NASDAQ Global Select Market on Jan. 3.
Mazor Robotics Ltd. (MZOR IT) rose to the highest in more than two weeks, gaining 1.1 percent to 10.07 shekels. The maker of medical devices for surgical procedures said it reached an agreement with AB Medica to distribute its products in Italy.
Rami Levi Chain Stores Hashikma Marketing 2006 Ltd. (RMLI IT) rose to the highest in almost a week, adding 1.1 percent to 119.80 shekels. DS Brokerage Ltd. initiated coverage of the discount supermarket chain with an “outperform” recommendation.
Silicom Ltd. (SILC IT) climbed for the first time in four days, gaining 2.2 percent to 65.83 shekels. The developer of products for mobile users said fourth-quarter profit increased to $2 million from $1.4 million a year earlier.
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