(Updates with closing share price in second paragraph.)
Jan. 1 (Bloomberg) -- Hot Telecommunication System Ltd. jumped the most in almost a week after Clal Finance Brokerage Ltd. raised its recommendation on the shares to “buy” from “outperform.”
Hot gained 1.4 percent, the biggest increase since Dec. 26, to 48.05 shekels at the 4:30 p.m. close in Tel Aviv.
“The company’s share in the communications market will increase,” Clal’s Tsahi Avraham wrote in an e-mailed report today.
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