Bloomberg News

Rami Levi Chain Rises to 2-Week High on Cellular Services

December 06, 2011

(Updates with closing price in second paragraph)

Dec. 5 (Bloomberg) -- Rami Levi Chain Stores Hashikma Marketing 2006 Ltd. rose to the highest level in more than two weeks after the supermarket operator started a cellular service.

The shares gained 0.9 percent to 130 shekels at the 4:30 p.m. close in Tel Aviv, the highest level since Nov. 20. They earlier rose as much as 3.7 percent.

--Editor: Shanthy Nambiar

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at ssolomon22@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net


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