Thursday, April 26, 2007

Israeli Shares Rally on Rate Optimism, Led by Hapoalim, Israel Chemicals

(Bloomberg) -- Israeli stocks rose for a third day after the shekel strengthened against the dollar, stoking speculation borrowing costs will fall.

Bank Hapoalim Ltd., Israel's largest lender, and Israel Chemicals Ltd., a fertilizer producer, led the advance.


Read more at Bloomberg Emerging Markets News

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