Israeli stock alert
CLOSING UPDATE: Hamashbir 365 up 8.3% in 2 days 18 June 2018 18:45 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).
Hamashbir 365, Israel's 21st largest commerce company by market capitalisation, extended its gains on Monday, rising an additional 6.20 agorot (or 7.5%) to trade at 88.80 agorot. The shares have risen 6.80 agorot (or 8.3%) over the past two trading days vs. the TA-25 Index which has fallen 0.7% in the same period.
Technical indicators complementing today's significant uptrend:
+ The price jumped 8.3% in the last week and soared 13.8% in the last month.
Hamashbir 365 today is at a discount of 66.9% to the 12-month high of NIS2.68 on 10 Jul, 2017. It is at a premium of 27.6% to the 12-month low of 69.60 agorot on 05 Jun, 2018.
The stock has underperformed 98% of the Israel market over the past 6 months.
In the last three months the stock has hit a new 52-week low nine times, pointing to a significant downtrend.
The present value of NIS1,000 invested one year ago is NIS349 [vs NIS1,075 for the TA-25 Index].
Afternoon Alert: Hamashbir 365 accelerates rise, now up 8.3% in 2 days
18 June 2018 14:10 IDT
Hamashbir 365 Holdings Ltd. (TASE:MSAH) is up 6.80 agorot (or 8.3%) over the past two trading days. After rising 0.7% on Sunday, the stock rose 7.5% on Monday to trade at 88.80 agorot vs. the TA-25 Index that is down 0.5% in the same period.
Afternoon Alert: Hamashbir 365 jumps 7.5%
18 June 2018 12:10 IDT
Hamashbir 365 Holdings Ltd. (TASE:MSAH) has jumped 6.20 agorot (or 7.5%) to trade at 88.80 agorot.
Hamashbir 365 Holdings Ltd. (TV:MSAH; TLV:MSAH; TA:MSAH; TA:MSAH; IT:MSAH)