Tel Aviv indices are up a mild 0.4% mid Tuesday on low NIS 40 million turnover, in response to Wall Street's 0.3% gain at closing last night and despite escalating political tensions.
The Maof-25 is up 0.34%, the TA-100 is rising 0.38% and the Tel Tech 15 is up 0.32%.
Teva Pharmaceuticals (Nasdaq:TEVA) is rising 1.1% on NIS 5 million, the highest on the floor, having closed with a positive 0.9% arbitrage gap in the U.S.
Elron Electronic Industries (Nasdaq:ELRN) is up 1.9% on NIS 1.2 million turnover, and Discount Investment Corporation is rising 0.9% on NIS 2 million turnover, on the announcement by holding Given Imaging of a planned secondary Nasdaq issue in an effort to raise $43 million.
Discount is planning to sell 510,000 shares, and the subsidiaries are also going to sell 1.2 million shares at $14.36, a total yield of $17.2 million.
Noga Technologies is soaring 13.4% on NIS 335,000 turnover, and its parent company Noga Electrotechnika is gaining 5.8% on NIS 373,000 turnover, on their announcement CEO of Noga Technologies Itzik Goldenberg, who also chairs Noga Electrotechnika, will buy Noga Electrotechnika¿s 65% stake in Noga Technologies at a value 59% higher than its market value.