Isramco Negev 2 LP (ISRAL) dropped the most in three weeks as investors traded in a rights offering today.
Shares of the Petah Tikva, Israel-based company dropped 4.2 percent to 0.456 shekel at the 4:30 p.m. close in Tel Aviv. The benchmark TA-25 index slid less than 0.1 percent.
Isramco said it expects to raise as much as 130 million shekels from the exercise of the rights offering, according to a filing June 14.
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