Head of Bank Hapoalim Equity: Housing Market Correction Underway
Liat Hazut, CEO of Bank Hapoalim Equity, stated that the current situation in the housing market is a correction and that people will soon return to buying apartments. Her comments suggest a belief in the market's resilience and a forthcoming recovery.
The article also touches upon various other financial and business news items, including a potential acquisition of "Way Box" by Tzachi Abu for approximately 76 million shekels. It notes a 1% drop in the Dow Jones index and oil trading around $97 per barrel. Goldman Sachs and Deutsche Bank are reportedly offering bets on the French presidential election results. Additionally, potential buyers of ZIM Integrated Shipping Services are expected to propose a veto on the closure of transport lines. There are also mentions of findings suggesting owner intervention in inventory valuation, information for parents regarding autism in 2025, investment opportunities in the Polish stock market, and a guide for Israeli investors on the S&P 500 index. The article further discusses a mutual fund based on the bank index, historical dollar-shekel exchange rates, a $10 billion fund investing in tech giants like Google and Nvidia, and details about executive compensation and stock options at The Phoenix, amounting to 100 million shekels in profit. Finally, it briefly mentions the costs associated with divorce, including legal fees and pension disputes, and a conflict within a kibbutz that led to significant wealth for members but ultimately collapsed.
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