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On October 24, Ukrainian Defense Minister Herman Khmara announced that, according to monitoring data from the Ukrainian Ministry of Defense, the Starlink and StarShield satellite communication systems have regained their functionality, with terminals maintaining stable communication even at speeds exceeding 400 kilometers per hour. Khmara stated that this progress is of significant importance to frontline operations, supporting troop movement, drone missions, military logistics, and battlefield communication support. He added that Ukraine will continue to monitor the operational status of both systems and plans to conduct higher-speed tests to determine the systems maximum speed capacity and comprehensively assess the level of communication capability recovery.Saudi Civil Defense: The danger alert for Taif and Jeddah has been lifted.Saudi Civil Defense: The danger alert for Yanbu has been lifted.Saudi Civil Defense: The danger alert for Mecca has been lifted.October 24th - According to the UKs Daily Telegraph, Israeli Prime Minister Benjamin Netanyahu has ordered Israel to support Argentina on the Falkland Islands (Malvinas Islands) issue. Netanyahu instructed diplomats to adjust Israels official position, joining Buenos Aires in calling for direct negotiations on the islands future and acknowledging Argentinas historical ties with the region. Netanyahu has close ties with Argentine President Javier Millais. This shift in stance comes against the backdrop of British Foreign Secretary Ed Milibands decision last month to impose economic sanctions on settlements in the West Bank.

At market close, Israeli equities are up; the TA 35 is up 1.79 percent

Charlie Brooks

Jun 27, 2022 11:13


Increases in the Real Estate, Banking, and Communication sectors led to a surge in Israel's stock market on Sunday evening.


At the close of trading in Tel Aviv, the TA 35 rose 1.79 percent.


Liveperson (TASE:LPSN) had the best performance on the TA 35, earning 9.87 percent or 484,000 points to end the session at 5,390.00. Strauss Group (TASE:STRS) climbed 5.02 percent, or 420.00 points, to end the trading day at 8,779.00, while OPKO Health Inc (TASE:OPKO) gained 4.75 percent, or 41.50 points, to 915.00.


Tower Semiconductor Ltd (TASE:TSEM) had the worst daily performance, sliding 0.68 percent or 110.00 points to end at 16,020.00. ICL Israel Chemicals Ltd (TASE:ICL) down 0.46 percent or 15.00 points to 3,235.00, whilst Israel Corp (TASE:ILCO) decreased 0.37 percent or 600.00 points to 160,300.00.


On the Tel Aviv Stock Exchange, advancing shares over declining shares by a ratio of 393 to 105, with 28 stocks closing unchanged.


The price per barrel of crude oil for August delivery increased by $2.79, or 2.68 percent, to $107.06. Brent oil for September delivery remained unchanged by 0.00 percent or $0.00 at $109.10 per barrel, but the August Gold Futures contract decreased by 0.09 percent or $1.70 to trade at $1,828.10 per troy ounce.


The USD/ILS fell 1.07 percentage points to 3.41, while the EUR/ILS fell 0.82 percentage points to 3.60.


US Dollar Index Futures were 0.29 percent down at 103.89.


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