Bloomberg News

Ampal Rises Most in Almost a Week After Its U.S. Shares Surge

January 16, 2012

Jan. 15 (Bloomberg) -- Ampal-American Israel Corp. rose the most in almost a week following the company’s U.S.-traded shares jumped.

The shares of Ampal, the owner a 12.5 percent stake in a company that exports gas from Egypt to Israel, gained 4.9 percent, the most since Jan. 10, to 1.551 shekels, or the equivalent of $0.40, at 11:29 a.m. in Tel Aviv. Ampal’s U.S.- traded stock surged 15 percent in New York to $0.4276 on Jan. 13.

--Editors: Daliah Merzaban, Shaji Mathew

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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