Feb. 1 (Bloomberg) -- Africa Israel Properties Ltd. headed for the highest close in more than two months after the real estate developer was raised to ilBBB from ilBBB- at Standard & Poor’s Maalot.
The shares advanced 2.8 percent to 31.64 shekels, headed for the highest level since Nov. 16, at 12:35 p.m. in Tel Aviv.
--Editors: Claudia Maedler, Shaji Mathew
To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at firstname.lastname@example.org
To contact the editor responsible for this story: Claudia Maedler at email@example.com -0- Feb/01/2012 10:36 GMT