Categories: Economy

Tel Aviv Stock Exchange: Mixed Results in the First Half of 2021

The first half of the year has come to an end with positive results for Wall Street investors. Major indices such as the Nasdaq, S&P 500, and Dow Jones saw increases in value since the beginning of the year. However, the Tel Aviv Stock Exchange showed mixed results, with some indices rising and others falling.

For instance, the Tel Aviv 35 index saw a 6% increase, while the Tel Aviv 90 index lost 3.6% of its value. The Tel Aviv Marketing Chains Index and the Technology Index presented impressive returns, while the Tel Aviv Real Estate index experienced a decline. Israeli bank stocks added about 4% to their value.

In terms of individual stocks, some companies stood out for their successes while others faced disappointments. Beamer Imaging, a technology company, saw a significant increase in value due to a collaboration with Nvidia. On the other hand, companies like LivePerson, solaredge, and Productivity Network faced declines in value.

One company that performed well was Electreon, with a return of 91.5% since the beginning of the year. Another success story was Next Vision, a defense company that saw an 83.1% increase in stock value

Samantha Johnson

As a dedicated content writer at newseeped.com, I thrive on transforming ideas into captivating narratives that engage and inform our readers. With a passion for storytelling and a keen eye for detail, I craft articles that resonate with our audience and help amplify our platform's impact. My background in journalism and creative writing allows me to blend authenticity with flair, ensuring each piece I produce is not only informative but also compelling. I am honored to be part of a team that values quality content and am excited to continue contributing to our mission of delivering top-notch news coverage to our readers.

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