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The Israeli Company That Fenced in Gaza Climbs 19% on Trump’s Wall

Barbed wire and guard towers that ring the concrete wall at the Israeli controlled Karim Shalom border crossing in southern Gaza.

Barbed wire and guard towers that ring the concrete wall at the Israeli controlled Karim Shalom border crossing in southern Gaza.

George Azar/Bloomberg News

Magal Security Systems Ltd., an Israeli builder of sensor-laden border fences and walls, rose 6 percent Monday, capping a 19 percent advance since Donald Trump’s U.S. election victory.

Trump’s campaign promise to build a wall on the Mexico border may have helped drive the rally, Magal Chief Executive Officer Saar Koursh said. “It seems clear that Trump is going to put more investment into security on U.S. borders,” Koursh said in an interview.