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Tel Aviv Stock Exchange

All articles tagged with #tel aviv stock exchange

finance1 year ago

"Market Reaction: Tel Aviv Stocks Decline Amid Iran-Israel Tensions"

Amid escalating tensions between Israel and Iran, investors are closely monitoring the TA-35 Index, which tracks the 35 largest companies on the Tel Aviv Stock Exchange, as a barometer of Israel's economic pulse. Technical analysis suggests a potential 5-6% decline before a reversal area, with sectors like defense, energy, and technology under scrutiny. Historical examples illustrate the impact of Middle Eastern geopolitical tensions on global oil prices and economic stability, emphasizing the need for a comprehensive understanding of current events alongside technical analysis for informed investment decisions.

finance2 years ago

"Billionaire Bill Ackman Invests $25 Million in Tel Aviv Stock Exchange"

Billionaire investor Bill Ackman and his wife, Neri Oxman, have purchased a $25 million, 4.9% stake in the Tel Aviv Stock Exchange through a secondary offering, reflecting strong interest from investors across Israel, the United States, Europe, and Australia. Ackman, a prominent figure in the US political dialogue over the Israel-Hamas war, has described himself as both pro-Israel and pro-Palestine, and has invested "millions" to aid Palestine's economic development and "peaceful coexistence" with Israel.

finance2 years ago

"Bill Ackman and Neri Oxman Acquire Significant Stake in Tel Aviv Stock Exchange"

Billionaire hedge fund CEO Bill Ackman and his wife, Neri Oxman, have purchased a 4.9% stake in the Tel Aviv Stock Exchange for about $25 million, reflecting a strong vote of confidence in the Israeli economy. The investment is part of a larger stake sale to foreign and local investors, and the TASE intends to use the proceeds for technology infrastructure. Ackman has been vocal about antisemitism and recently pushed for the ouster of Harvard's president, while Oxman has faced allegations of plagiarism in her doctoral dissertation. Ackman has threatened to sue Business Insider over their coverage of Oxman.

finance2 years ago

"Billionaire Bill Ackman and Wife Neri Oxman Acquire 4.9% Stake in Tel Aviv Stock Exchange"

Billionaire hedge fund manager Bill Ackman and his wife Neri Oxman are purchasing a 4.9% stake in the Tel Aviv Stock Exchange as part of the exchange's secondary offering, with the net proceeds intended for investment in its technology infrastructure. The purchase reflects a strong vote of confidence in the TASE and the Israeli economy. Ackman, a vocal supporter of Israel, has been critical of former Harvard president Claudine Gay and is pressing efforts to reshape the school's governance.

finance2 years ago

"Bill Ackman and Wife Acquire 4.9% Stake in Tel Aviv Stock Exchange"

Billionaire hedge fund manager Bill Ackman and his wife Neri Oxman have acquired a 4.9% stake in the Tel Aviv Stock Exchange (TASE) for $25 million as part of TASE's secondary offering. The purchase, which drew interest from investors globally, is expected to close on Jan. 25. Ackman cited the potential for a significant return and expressed confidence in Israel's economy and long-term future. The funds raised will be used to invest in TASE's technology infrastructure.

finance2 years ago

"Billionaire Bill Ackman and Wife Neri Oxman Acquire 5% Stake in Tel Aviv Stock Exchange"

Hedge fund billionaire Bill Ackman and his wife Neri Oxman have purchased a nearly 5% stake in the Tel Aviv Stock Exchange as part of a secondary offering, reflecting strong investor interest from across the globe. The couple's investment comes amid a period of heightened support for Israel following recent events, with Ackman being the CEO and founder of Pershing Square Capital Management and Oxman being an American-Israeli designer and professor.

finance2 years ago

Unusual Trading Patterns and Short-Selling Claims Surrounding Oct 7 Hamas Attack

The Tel Aviv Stock Exchange (TASE) has refuted a report by US researchers suggesting that investors in Israel may have profited from prior knowledge of the October 7 Hamas attack. The TASE stated that the report was inaccurate and its publication irresponsible. The researchers had found significant short-selling of shares leading up to the attack, but the TASE argued that the authors miscalculated the potential short sale profit. The exchange also dismissed claims of unusual activity in exchange-traded funds (ETFs) and short-dated options. Israel's securities regulator is investigating the matter.