The Bank of Israel is scheduled to release the 12-month inflation forecast for September and money supply data for August.
WHAT TO WATCH: * * Two Palestinian militants were killed and one was critically wounded in an Israeli air strike in the Gaza Strip today, according to Ashraf Al-Qedra, spokesman for the Hamas-run Health Ministry in Gaza. EQUITY MOVERS: * Discount Investment Corp. (DISI IT), the holding company’s rating was lowered to ilBBB from ilA- at Standard & Poor’s Maalot, for less-than-satisfactory liquidity and leverage levels. * Given Imaging Ltd. (GIVN IT), the Israeli maker of pill-sized cameras for diagnosing digestive ailments, surged in New York to trade at the biggest premium to Tel Aviv shares in three weeks after the company submitted trial data for regulatory approval in Japan. * Hot Telecommunication System Ltd. (HOT IT), a mobile-phone, fixed-line and cable-television provider, was cut to underweight from equalweight at Barclays Plc. * Cellcom Israel Ltd. (CEL IT), the country’s largest mobile- phone provider, was raised to equalweight from underweight at Barclays Plc. * MARKETS: * The TA-25 Index advanced 0.5 percent to 1,138.10. * The yield on the Mimshal Shiklit government bonds maturing in January 2022 was at 4.43 percent. * The shekel weakened 0.4 percent to 3.9160 a dollar at 8:24 a.m. in Tel Aviv. * Corn for December delivery declined 0.6 percent to $7.52 a bushel. * Crude oil for October delivery dropped 1.0 percent to $91.02 a barrel. * Gold for immediate delivery retreated 0.4 percent to $1,764.61 an ounce.