Show me an example Israel Real Estate News: Tel Aviv Real Estate 15 Index climbed 3.16%

Tuesday, February 03, 2009

Tel Aviv Real Estate 15 Index climbed 3.16%

Israeli shares snapped a three-session losing streak with a broad rise on Tuesday, led by strength in Isramco, banks, the tech sector and real estate.

Deutsche Bank analyst Dan Harverd issued a report a few weeks ahead of the banks' fourth-quarter earnings reports. Uncertainty is high, the report said, as investors and analysts are unclear about how big the provisions for possible losses on bad loans will be and how much of their securities portfolios the banks will have to write off.