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Israeli Stocks Lead Advance Across Mideast Markets: Inside EM

  • All Middle Eastern indexes close in positive territory
  • Al Rajhi Bank shares climb to highest level in 11 years
City Economy As U.S. President Recognizes Jerusalem As Israel's Capital
Photographer: Geraldine Hope Ghelli/Bloomberg

Israeli stocks were set for the biggest gain since August 2015 as all members of its main index advanced.

Teva Pharmaceutical Industries led the increase, followed by Perrigo. Elbit Systems added as much as 3.3 percent after winning a military contract.