Migdal Expands Real Estate Portfolio with Acquisition in Beersheba

Migdal Insurance and Finance is expanding its real estate holdings with a new acquisition in Beersheba. The company purchased a property in the southern Israeli city, marking a continuation of its strategy to grow its real estate portfolio.

In other business news, Palo Alto Networks exceeded earnings expectations, leading to a rise in its stock price in after-hours trading. The surge in oil prices, reaching $90 to $95 per barrel, is attributed to the escalating tensions in Iran, while the Nasdaq index saw a 1% decline.

Analysts commented on the Bank of Israel's recent interest rate decision, suggesting the central bank placed minimal weight on regional developments in the Middle East. Separately, Orna Zamir resigned from the board of Foodim, following an exposé by TheMarker.

Information regarding autism in 2025, investment opportunities in the Polish stock market, and guides for Israeli investors on the S&P 500 and bank index ETFs are also featured. The article notes six records for the dollar-shekel exchange rate over the past 30 years.

A rare apartment opposite the Western Wall is listed for sale at NIS 50 million by its 91-year-old owner. Additionally, a report details a lawsuit by 38 apartment buyers in Netanya who claim they were promised they wouldn't need to complete their purchase. A separate piece discusses a widely used app whose blocking caused significant disruption to 99% of Israelis' lives.