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September 7th - Iranian Foreign Ministry Spokesperson Baghae stated: "The Strait of Hormuz was completely unobstructed until February 28th, when the US and Israel invaded Iran. Washington launched an illegal and barbaric war, disrupting normal commercial shipping; oil tankers stopped sailing, trade was interrupted, and energy prices soared. The US started the war, yet expects the whole world to pay for it, while portraying Iran as the instigator of this chaos. This is utterly absurd."September 7th - According to the Financial Times, citing multiple Western defense and intelligence officials, Europe has failed to effectively deter Russias "hybrid warfare" against the continent and must quickly develop new methods to curb Moscows actions against NATO member states, or risk escalating conflict with the Kremlin. Western officials stated that last months thwarted drone strike on Leipzig/Halle airport, carrying military-grade explosives, highlighted Russias brazenness in its aggressive practices against NATO and the ineffectiveness of existing deterrents. They added that a collective action from European countries is needed to address the issue. A senior Western defense official stated, "It is clear that we are doing far too little to deter provocations that do not violate NATOs Article 5." They added, "The deterrent force we provide is sufficient to prevent Russia from escalating conventional and nuclear warfare. But we really need to rethink our strategy for dealing with hybrid warfare."Ukrainian President Zelensky: We may prefer certain forms of negotiation, but worse is that there are no forms of negotiation at all. I want to thank U.S. Special Envoy for the Middle East, Witkov, and Trumps son-in-law, Kushner, for their roles in restarting the negotiation process today. It is very important that the U.S. team met with the Russian leaders and then with me today to discuss all possibilities. We held trilateral talks with European representatives, as well as a meeting of national security advisors, and I believe we will do everything we can to resume negotiations.Alternative for Germany (AfD) leader Johann Sebastian Weidel: We need to maintain good relations with Russia, and especially with the United States. We are now seeing the US sending representatives to Moscow to mediate between Moscow and Kyiv. This was a role that Germany could have played.Alternative for Germany (AfD) leader Michel Weidel: (Regarding the Russia-Ukraine conflict) We have always maintained an open attitude towards diplomatic channels. We need to keep open channels of communication with Russia in order to reach an understanding and find a peaceful solution.

At market close, Israeli equities dropped; the TA 35 index declined 0.64 percent

Aria Thomas

Jul 05, 2022 11:10


The Israel stock market declined on Monday evening, with losses in the Banking, Insurance, and Financials sectors leading the slide.


At the market's close in Tel Aviv, the TA 35 fell 0.64 percent.


During the session, Energix (TASE:ENRG) had the best performance on the TA 35, collecting 5.27 percent of 61.00 points to end at 1,218.00. Strauss Group (TASE:STRS) jumped 2.07 percent, or 180 points, to $8,859.00 at the conclusion of trade, while Azrieli Group Ltd (TASE:AZRG) advanced 1.08 percent, or 270 points, to $25,300.00 in late trading.


Israel Corp (TASE:ILCO) ended the day with the worst performance, sliding 3.96 percent, or 6,240.00 points, to 151,260.00. ICL Israel Chemicals Ltd (TASE:ICL) closed the day at 3,097.00, down 3.07 percent, or 98.00 points, while Kenon Holdings Ltd (TASE:KEN) down 2.28 percent, or 310.00 points, to 13,310.00.


On the Tel Aviv Stock Exchange, decreasing stocks outnumbered rising stocks by a ratio of 276 to 201, with 39 remaining unchanged.


The August delivery price per barrel of crude oil increased 1.82 percent, or $1.97, to $110.40. Brent oil for September delivery rose 1.75 percent, or $1.95, to $113.58 per barrel, while the August Gold Futures contract rose 0.28 percent, or $5.00, to $1,802.50 per troy ounce.


The USD/ILS exchange rate fell 0.60 percent to 3.50, while the EUR/ILS exchange rate fell 0.64 percent to 3.65.


The US Dollar Index Futures climbed 0.07 percent to 104.98.