Israel’s TA-25 Index advanced to the highest in more than two weeks, rising 2.3 percent to 1,108.94 at the 4:30 p.m. close in Tel Aviv. Investors traded about 1.2 billion shekels ($322 million) of shares and convertible securities, according to bourse data.
The following stocks rose or fell today. Symbols are in parentheses.
Avner Oil Exploration-LP (AVNRL IT) climbed to its highest since Nov. 16, gaining 3.6 percent to 2.32 shekels. Delek Drilling - LP (DEDRL IT) increased 3.1 percent to 13.37 shekels. The oil exploring partners said offshore drilling work at the Dolphin 1 drill site has been completed.
Bank Hapoalim Ltd. (POLI IT) soared to the highest since Nov. 8, gaining 4.8 percent to 13.31 shekels. Bank Leumi Le-Israel Ltd. (LUMI IT) gained 4.2 percent to 11.40 shekels, the highest level since Nov. 16. Israel Discount Bank Ltd. (DSCT IT) surged 5.9 percent to 5.92 shekels, the highest since Oct. 31. Dan Harverd, a Tel Aviv-based analyst at Deutsche Bank AG, expects banks to post lower provisions in coming quarters. He made the comments in an interview with Bloomberg Television.
Elbit Imaging Ltd. (EMIT IT) closed at the highest since Nov. 13, surging 9.3 percent to 12.30 shekels. Globes reported two foreign real-estate funds have expressed interest in buying a stake in the real-estate and medical holdings company.
Mazor Robotics Ltd. (MZOR IT) rose the most since Oct. 16, surging 9.3 percent to 4.246 shekels. The developer of surgical robots received approval from the U.S. Food and Drug Administration for the three dimensional use of its Renaissance system.
Nova Measuring Instruments Ltd. (NVMI IT) advanced 3.5 percent to 24.97 shekels, the highest since Nov. 20. The maker of monitoring and measurement systems for the semiconductor manufacturing industry said a leading foundry in Asia has chosen its metrology tools for its development process.
Rami Levi Chain Stores Hashikma Marketing 2006 Ltd. (RMLI IT) increased to the highest level since Nov. 20, gaining 0.9 percent to 130 shekels. The shares rose as much as 3.7 percent today, after the supermarket operator started a cellular service.