ISRAEL DAYBOOK: Netanyahu Holds Cabinet Meeting as Protests Grow
Prime Minister Benjamin Netanyahu holds Cabinet meeting as government attempts to deal with growing protests against housing protests and an ongoing doctors’ strike.
EQUITY MOVERS: * A Sinai pumping station along the pipeline to Israel was attacked on the night between July 29 and July 30. Ampal- American Israel Corp. (AMPL IT (AMPL)) owns 12.5 percent of Egyptian- gas importer East Mediterranean Gas Co. * Noble Energy Inc. said it expects test results late this year on the Leviathan natural gas field in which it is partnered with Avner Oil Exploration-LP (AVNRL IT (AVNRL)), Delek Drilling-LP (DEDRL IT (DEDRL)) and Ratio Oil Exploration 1992 LP (RATIL IT (RATIL)). * Options traders are boosting bets to the highest level since October that Mellanox Technologies Ltd. (MLNX) (MLNX IT (MLNX)), the maker of data-center adapters and software part-owned by Oracle Corp., will extend a rally on demand for cloud technology. * Teva Pharmaceutical Industries Ltd. (TEVA IT (TEVA)), the world’s biggest maker of generic drugs, won’t be able to enter the market with its version of Eli Lilly & Co.’s attention deficit treatment Strattera after Lilly won a U.S. Court of Appeals ruling on the medicine’s patent.
MARKETS: * TA-25 Index (TA-25) dropped 1.8 percent to 1,232.74. * The yield on the Mimshal Shiklit government bond due January 2020 was at 5 percent. * The shekel gained 0.1 percent to 3.4210 per dollar on July 29. * Crude oil for September delivery dropped 1.8 percent to $95.70 a barrel. * Gold for immediate delivery rose 0.7 percent to $1,627.88 an ounce.
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