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Wednesday, April 7, 2010 as of 11:14 AM ET

Tel-Aviv Stock Exchange

The Tel Aviv Stock Exchange (TASE; ; colloquially known as the Bursa) in Tel Aviv is Israel's only stock exchange.

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Hapoalim And Leumi Price Targets Trimmed At CS

Bank Hapoalim was affirmed outperform and Bank Leumi was reiterated neutral at Credit Suisse on Monday.

Hapoalim is "the better-quality bank with higher profitability and stronger dynamics," analyst Hugo Swann in London said in a report. The analyst trimmed his price targets on Hapoalim, to 16.7 shekels from 19.6, and on Leumi, to 9.9 from 17.3. Both banks are trading at 0.6 times estimated 2012 book value, but Hapoalim generates what the analyst expects will be "a much higher return on equity of 10.4% compared to Leumi's 7%" in 2012. At mid-trading day on Monday on a gently higher Tel Aviv Stock Exchange, Hapoalim shares are trading up 1.4% at 13.31 shekels while Leumi shares are up 0.5% at 10.85.Copyright © 2012 MarketWatch, Inc....

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  2. Tel-Aviv Exchange CEO on Continued Growth

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  3. Shalom, Profits! How Do Gains of 63% Sound To You?

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  6. How a Sliver of Land in the Middle East Avoided the Credit Crisis

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  1. Bank Of Israel: Bank System 'Robust' Despite Moody's Downgrade

    The Bank of Israel on Wednesday said the country's banking system is "robust," following Moody's Investor Services' downgrade of the banking system's outlook.On Tues...

  2. NYSE Receives Cyber Threat Against Website

    The New York Stock Exchange has received a credible threat to disrupt its external website as part of an apparent cyber attack attempt against a number of U.S. excha...

  3. Mellanox Cut To Market Perform At Clal Finance

    Mellanox Technologies Ltd., the Israeli telecom- equipment producer, on Sunday was cut to market perform from buy at Clal Finance, where analyst Jonathan Kreizman ra...

  4. IDB Holding Raises ILS286 Million In Institutional Phase Of Tender

    IDB Holding Corp. Ltd. (IDBH.TV) said Thursday it has raised 286 million shekels ($77.3 million) in the institutional phase of a share and warrant offering.IDB origi...

  5. Israeli Government Panel Recommends Limiting Holdings To Boost Competition

    Limiting the holdings of large investment companies is key to increasing competition in Israel and also to lowering overall risk in the economy, according to a gover...

  6. Stock Exchanges at Center of Cyber Bull’s Eye

    In tandem with the increasingly anti-capitalistic ideology of cyber evildoers, the digital target on the New York Stock Exchange and Nasdaq Stock Market appears to h...

  7. European Debt Risks to the Israeli Economy

    Tel Aviv Stock Exchange CEO Ester Levanon on why the European debt crisis is a major concern to the Israeli economy and markets.

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