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Nice Advances to Three-Year High, Narrows Gap With U.S. Shares

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March 22 (Bloomberg) -- Nice Systems Ltd., an Israeli maker of analytical telecommunications software, rallied to the highest level since November 2007, narrowing the gap with its U.S.-traded shares.

The shares added 2.8 percent to 141.40 shekels, or the equivalent of $37.72, the highest level since November 2007 at 10:20 a.m. in Tel Aviv. The stock rose 4.3 percent to close at $37.98 in New York yesterday.

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

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