El Al and Dor Al Included in TA-35 Index, Shufersal and Others Removed
Translated & summarized from NEWSru Israel by baba
El Al airlines and Dor Al were added to the TA-35 index on the Tel Aviv Stock Exchange on November 5, while Shufersal, Dimri, and Kenon were removed. The TA-35 index now has 35 companies, returning to its standard number. Several new companies, including Tidhar and Avisror, were added to the TA-90 index.
The story in 5 lines · by baba
- El Al and Dor Al were added to the TA-35 index on November 5.
- Shufersal, Dimri, and Kenon were removed from the TA-35 index.
- Shufersal's value has decreased by about 33% since May.
- The TA-35 index now comprises 35 companies.
- Several new companies joined the TA-90 index, including Tidhar and Avisror.
On Thursday, November 5, following the close of trading on the Tel Aviv Stock Exchange, the composition of its leading indices was updated. The TA-35 index will now include El Al airlines and Dor Al, a company operating in the renewable energy sector. Removed from the TA-35 index are the construction company Dimri, the supermarket chain Shufersal, which has seen its value drop by approximately 33% since its May peak, and the holding company Kenon. Following these adjustments, the TA-35 index returns to its standard 35 companies, after having 36 since August when Palo Alto Networks was added under an accelerated procedure. Several companies that have recently listed their shares on the exchange have been added to the TA-90 index, including Tidhar, which joined less than six months after its shares began trading, and Bagira. Avisror also entered the index approximately three months after its IPO.
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