Israeli stock alert


Morning Alert: B Communications in 4th consecutive rise, nears ten-month high 21 January 2018 11:10 IST


B Communications Ltd. (TASE:BCOM) extended its gains Sunday, rising an additional NIS2.50 (or 3.7%) to trade at NIS69.50. The stock lifted 2.92% on Wednesday and 3.33% on Thursday bringing its 4-day rise to 18.1%. It is now approaching its 207-day high of NIS69.60.

SECTION 1: The past week

Current indications of bullish signals that support the trend in the unusual trading

1.1 At a glance

Weekly: B Communications shares post best week in seven months January 18, 2018 17:30 IST

B Communications Ltd. (TASE:BCOM), Israel's 4th largest Communications & Media company by market cap, has lifted NIS7.88 (or 13.3%) in the past week to close at NIS67.0. The shares had their best week in seven months since the week ended Jun 25, 2017. Compared with the TA-25 Index which rose 9.1 points (or 0.6%) in the week, this represented a relative price increase of 12.7%. The volume was 1.2 times average trading per week of 241,140 shares. In the past week the market cap has jumped NIS235.5 million.

1.2 5-day Recap

B Communications outperformed the TA-25 index in 4 out of 5 days.

DayHeadlineClose price [NIS]Price change %Relative change %Comment
ThursdayB Communications keeps rising, up 13.9% in 3 days67.03.33.3
WednesdayB Communications in its biggest weekly gain in 3 weeks64.842.93.4
TuesdayB Communications jumps 7.1% on strong volume63.07.16.9Top Rise; VI=2.8
SundayB Communications lifts 2.3%60.492.31.3


DayHeadlineClose price [NIS]Price change %Relative change %Comment
MondayB Communications in its biggest weekly loss in 2 months58.84-2.7-2.6Steepest Fall

SECTION 2: Ranking

DescriptionValueRank In Market
Price/MAP2001.15In Top Quartile
MCap $US million607.9In 2nd Quartile
52-week Range (in NIS)47.4-76.8
1-month Range (in NIS)51.5-69.6
Bollinger Bands1.1Bearish

B Communications Ltd. (TV:BCOM; TLV:BCOM; TA:BCOM; TA:BCOM; IT:BCOM)

ISIN: IL0011076630

PermID: 4295875004