Israel Shares Rise on Gas Boost Amid Gaza Strike; Kuwait Climbs
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Israeli stocks jumped the most since December after energy companies raised estimates for reserves at the Leviathan gas field by 15 percent, even as the conflict between Israel and militants in the Gaza Strip intensified.
The TA-25 Index increased 1.3 percent, the most in more than seven months, to 1,389.98 at the close in Tel Aviv. Delek Group Ltd., which owns stakes in the Leviathan field via its Delek Drilling LP and Avner Oil Exploration LLP units, advanced