Israel Stocks Climb to Six-Week High as Greece Concerns Fade
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Israel stocks advanced to the highest level in almost six weeks and government bonds rose as investors speculated a Greek debt crisis has been averted, boosting the prospects for exports to Europe.
The TA-25 Index gained a seventh day, its longest rising streak since April 7, to close 0.7 percent higher at 1,705.93. The yield on the government’s notes due 2024 slipped two basis points to 2.16 percent, the lowest since July 8.