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ISRAEL DAYBOOK: Israel to Post Trade Balance, Cabinet Meets

Israel’s Central Bureau of Statistics is expected to post the trade deficit for October today.

The Israeli Cabinet meets after the admissions committee for the 15-member Security Council adopted a report that said the body can’t recommend taking the Palestinian bid for statehood further.

WHAT TO WATCH: * Palestinian President Mahmoud Abbas to meet with U.S. envoy David Hale in Ramallah.

EQUITY MOVERS: * Ampal-American Israel Corp. (AMPL IT) said it was told by East Mediterranean Gas Co. that part of the Sinai pipeline run by EMG wasn’t damaged during an explosion last week. * EZ Energy Ltd. (EZ IT) said a U.S. unit won’t acquire 30 gas stations and convenience stores. * Israel Corp. (ILCO IT) was part of a group that invested $200 million in Better Place LLC, the start-up developing charging stations for electric cars. * Shufersal Ltd. (SAE IT) said that the deadline for Discount Investment Corp.’s planned sale of a stake in the country’s largest supermarket chain is now Nov. 20.

MARKETS: * The TA-25 Index declined 1.2 percent to 1,105.84. * The yield on the Mimshal Shiklit government bond due January 2022 was at 4.64 percent. * The shekel gained 0.5 percent to 3.7150 per dollar. * Corn for December delivery fell 1.1 percent to $6.4775 a bushel. * Crude oil for December delivery was advanced 1.2 percent to $98.99 a barrel. * Gold for immediate delivery added 2 percent to $1,787 an ounce.

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