Thursday, October 21, 2010

A Good Day in TASE

The Tel Aviv 25 Index set another all-time record today. Israel Chemicals Ltd. (TASE: ICL) was a main focus of investor interest today, rising 1.1%. Reports of a huge deal by a rival for 3.1 million tons of potash boosted the sector. The energy sector also received a lift, as the Ministry of National Infrastructures announced new regulations for transferring licenses. Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) rose 3.5%. Modiin Energy LP (TASE:MDIN.L) rose 4.5%. Delek Real Estate Ltd. (TASE: DLKR rose 2.1%, after reporting the sale of a building in London. Tower Semiconductor (Nasdaq: TSEM; TASE: TSEM) rose 1% on a report of a deal said to be worth $3-5 million per year.

Obviously this growing mountain of dollars doesnt mean that I am getting richer but that the dollar is worth evermore less. Soon all of us will be worth a million but then being a millioner will mean exactly nothing.

4 comments:

Anonymous said...

Remember you heard this from me a long time ago.

Anon.

J said...

Remember I do.

J said...

Remember I do.

Anonymous said...

Koko told me this, and she has a direct line to Mr Soros.

Anon.