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

Israel Stocks: Delek Drilling, Avner Oil, Koor, IDB Holding

Don't Miss Out —
Follow us on:

June 14 (Bloomberg) -- Israel’s benchmark TA-25 Index declined to the lowest since June 3, sliding 1.2 percent to 1,049.58 at the close in Tel Aviv. The gauge declined 3.7 percent this week. Investors traded 1.75 billion shekels ($452 million) of shares and convertible securities, according to bourse data.

The following stocks rose or fell today. Symbols are in parentheses.

Delek Drilling-LP (DEDRL IT), a partner in the Tamar gas field, dropped 3.8 percent to 11.43 shekels, the lowest since Nov. 1. Gas contracts covering the Tamar natural gas field are being examined by the nation’s regulators.

Avner Oil Exploration LLP (AVNRL IT), another partner in Tamar, lost 3.8 percent to 2.03 shekels. Isramco Negev 2 LP (ISRAL IT) decreased 3.3 percent to 0.469 shekel.

Koor Industries Ltd. (KOR IT), which owns a stake in Credit Suisse Group AG, retreated 11 percent, the most since Aug. 11, to 40 shekels. The Swiss bank was urged by its central bank to boost capital this year. IDB Holding Corp. (IDBH IT), which owns a stake in Koor through Discount Investment Corp., dropped 9.6 percent to 12.60 shekels, the lowest close on record.

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.