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Altshuler Shaham Sold Amid Market Turmoil

By אסא ששוןOngoing story · 9 updates
Translated & summarized from TheMarker by baba
The story · English

The financial services firm Altshuler Shaham has been sold, succumbing to the "laws of the jungle" in the capital markets. The sale comes amid broader market volatility, with oil prices rising 2% and long-term European bond yields increasing. The article also touches upon the impact of new accounting standards on boards of directors and accountants, and discusses investment opportunities in Poland and the S&P 500 index for Israeli investors. It further explores the mechanics of investing in a bank index ETF and highlights historical highs in the dollar-shekel exchange rate over the past 30 years. Additionally, the digest mentions a mathematical achievement by a 92-year-old mathematician and a 15-year-old student, and a significant Israeli battle for AI agent security involving 20 startups and $750 million. It also references a real estate search for properties comparable to a four-room apartment in central Israel, a deal involving Liran Weitzman and an "Indian shark" reportedly worth tens of millions of euros in cash, and a guide to stock market investing for Israelis. Finally, it includes a quote about reaching NIS 20,000 in a single day.

Read the original at TheMarker
Full coverage · 4 outlets
First: Calcalist · Sep 14

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Unrated 4
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