Africa Israel Industries Ltd. (AFID) rose the most in more than a month after the maker and importer of steel coils and ceramic tiles said a unit signed a distribution agreement with a Canadian company.
Africa shares advanced 3.5 percent, the most since April 10 in intraday trade, to 252.50 shekels at 11:41 a.m. in Tel Aviv.
The company said its Negev Ceramics Ltd. unit signed a 400 million-shekel ($103.3 million) distribution pact with Olympia Tile International Inc., a construction materials manufacturer.
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