Israeli stock alert

ISRAEL

CLOSING UPDATE: Ashot - Ashkelon Industries accelerates rise, now up 10.0% in 2 days 18 January 2018 17:34 IST

NEWS BITES - MIDDLE EAST & NORTH AFRICA

This is an end of day Alert, produced after today's Israel market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Ashot - Ashkelon Industries, Israel's 7th largest metal & building products company by market capitalisation, is up 81.40 agorot (or 10.0%) over the past two trading days. After rising 0.6% on Wednesday, the stock rose 9.4% on Thursday to trade at NIS8.92 vs. the TA-25 Index that is down 0.5% in the same period.

Technical indicators complementing today's significant uptrend:

+ The positive 0.28 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The stock has outperformed 95% of the Israel market over the past 6 months.

+ In the last three months the stock has hit a new 52-week high once.

TODAY'S ALERTS

Afternoon Alert: Ashot - Ashkelon Industries accelerates rise, now up 7.5% in 2 days

18 January 2018 13:10 IST

Ashot - Ashkelon Industries Ltd. (TASE:ASHO) is up 60.60 agorot (or 7.5%) over the past two trading days. After rising 0.6% on Wednesday, the stock rose 6.9% on Thursday to trade at NIS8.71 vs. the TA-25 Index that is down 0.4% in the same period.

Morning Alert: Ashot - Ashkelon Industries keeps rising: up 8.9% in 5 days

18 January 2018 11:11 IST

Ashot - Ashkelon Industries Ltd. (TASE:ASHO) extended its gains on Thursday, rising an additional 12.0 agorot (or 1.5%) to trade at NIS8.27. Trading volume was 33% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Ashot - Ashkelon Industries up 6.2% in 2 days

15 January 2018 17:12 IST

Ashot - Ashkelon Industries, Israel's 7th largest metal & building products company by market capitalisation, extended its gains on Monday, rising an additional 45.0 agorot (or 5.9%) to trade at NIS8.07. Trading volume was 7.1 times average at the end of the day. The shares have risen 47.30 agorot (or 6.2%) over the past two trading days vs. the TA-25 Index which has risen 0.9% in the same period.

Afternoon Alert: Ashot - Ashkelon Industries in 2nd consecutive rise, nears a 15-month high

15 January 2018 13:11 IST

Ashot - Ashkelon Industries Ltd. (TASE:ASHO) extended its gains Monday, rising an additional 53.30 agorot (or 7.0%) to trade at NIS8.15. The stock increased 0.3% on Sunday bringing its 2-day rise to 7.3%. It is now approaching its 307-day high of NIS8.30.

Ashot - Ashkelon Industries Ltd. (TV:ASHO; TLV:ASHO; TA:ASHO; TA:ASHO; IT:ASHO)

ISIN: IL0003120172

PermID: 4295926596

Source: www.BuySellSignals.com