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

Delek, Harel, British Israel, Melisron: Israeli Equity Preview

Oct. 2 (Bloomberg) -- The following stocks may rise or fall in Israeli markets. Stock symbols are in parentheses after company names and prices are from the last close unless otherwise stated.

The TA-25 Index gained 1.4 percent to 1,077.79 in Tel Aviv.

Delek Group Ltd. (DLEKG IT): Isaac Tshuva’s holding company, is in talks with HSBC Holdings Plc and Barclays Plc for a loan of about 1 billion shekels ($267 million) to refinance Tamar gas-field debt and finance new equipment for Tamar, Calcalist reported, without saying where it got the information. A spokesman for Delek declined to comment when contacted by Bloomberg News. Delek shares rose 3.2 percent to 593 shekels.

Harel Insurance Investments & Financial Services Ltd. (HARL IT): The insurer’s subsidiaries and a unit of Elco Holdings Ltd. (ELCO IT) completed the first stage of a three-part transaction to purchase properties in the U.S. Harel increased 2.1 percent to 149.80 shekels. Elco added 0.1 percent to 28.05 shekels.

Melisron Ltd. (MLSR IT): The real-estate development company halted talks to sell a property in Yehud, Israel, to Reit 1 Ltd. (RIT1 IT) and its unit British Israel Investments Ltd. (BRTS IT) halted talks with Reit 1 for the sale of a property in Nahariya. Melisron rose 3,1 percent to 55.89 shekels. Reit 1 jumped 4 percent to 6.304 shekels. British Israel advanced 3.5 percent to 11.70 shekels.

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