Israeli stock alert
CLOSING UPDATE: Technoplus Ventures decreased gains by 0.7% on spectacular volume 20 July 2017 18:12 IDT
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).
Technoplus Ventures, Israel's 36th largest investment & holdings company by market capitalisation, traded on heavy volume of 12.8 times average today while the price soared 21.80 agorot (or 15.0%) to trade at NIS1.67. Compared with the TA-25 Index which rose 2.9 points (or 0.2%) in the day, this represented a relative price increase of 14.8%.
Technical indicators complementing today's significant uptrend:
+ The stock has outperformed 84% of the Israel market over the past 6 months.
+ In the last three months the stock has hit a new 52-week high once.
Technoplus Ventures today is at a discount of 24.2% to the 12-month high of NIS2.20 on 14 Jun, 2017. It is at a premium of 70.2% to the 12-month low of 98.0 agorot on 01 Jun, 2017.
In the last three months the stock has hit a new 52-week low six times, pointing to a downtrend.
Afternoon Alert: Technoplus Ventures soars 15.9% on robust volume
20 July 2017 14:11 IDT
Technoplus Ventures Ltd. (TASE:TNPV) traded on heavy volume of 1.4 times average so far today while the price soared 23.0 agorot (or 15.9%) to trade at NIS1.68.
Afternoon Alert: Technoplus Ventures soars 17.2% on robust volume
20 July 2017 12:10 IDT
Technoplus Ventures Ltd. (TASE:TNPV) traded on heavy volume of 1.7 times average so far today while the price soared 25.0 agorot (or 17.2%) to trade at NIS1.70.
Technoplus Ventures Ltd. (TV:TNPV; TLV:TNPV; TA:TNPV; TA:TNPV; IT:TNPV)