Bloomberg News

Israel Equity Movers: Allot, Elbit, Israel Land Energy, Koor

February 11, 2013

Benchmark TA-25 Index climbs 0.4% to 1,217.72 at 11:26am in Tel Aviv, with 20 stocks rising, 5 declining.

ADVANCERS * Jerusalem Economy (ECJM IT) +5.2% to 22.88 shekels, highest close since June 10, in 2.5x 3-month avg. daily vol. * Allot (ALLT IT) +3.8%, most in a week; Co. gets $6m project to provide virtualized parental control * Elbit Systems (ESLT IT) +3%, most in more than a month, in 70% of 3-month avg. daily vol.; Co. yday announced pact for naval helicopter application with India’s Bharat Electronics ** Earlier story link

DECLINERS * Israel Land Energy (IE IT) -13% to 0.35 shekel, lowest on record; Co. said unit didn’t win Cyprus gas licenses it bid for as part of a consortium * Bezeq (BEZQ IT) -1.5%; co. rated new neutral at Goldman ** B Communications (BCOM IT) which has a stake in Bezeq -2.5% in 56% of 3-month avg. daily vol.

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at ssolomon22@bloomberg.net

To contact the editor responsible for this story: Alaa Shahine at asalha@bloomberg.net


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