A massive PLO flag was hung on on the Tel Aviv Stock Exchange building on Wednesday.
TASE conducted an initial estimate of the valuation the State of Israel would achieve if it were floated on the exchange.
Finance Minister Moshe Kahlon: “The measure comes in addition to a number of steps we have taken in order to ease tax rates and the regulatory burden for small and medium sized companies."
By JNi.Media
This collapse comes in the wake of the world's biggest generic drugs maker attempt to dominate its market with a $40.5 billion acquisition of Allergan's generics business last year. It was a bad call.
Bezeq, will reportedly give up control of the company as part of negotiations to negotiate a NIS 1.2 billion debt owed by the Eurocom group.
By Jewish News Syndicate (JNS)
The Tel Aviv Stock Exchange’s flagship index the Tel Aviv 25 hit an all-time record high Wednesday, closing at 1,344 points and passing the previous closing level of 1,341.89 points set on April 21, 2011, Globes reported. Similar to Wall Street’s Dow Jones Industrial Average, the Tel Aviv 25 index consists of the largest 25 companies within Israel’s stock market. The […]