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According to the Financial Times, the EUs energy commissioner said the EU is assessing "all possibilities," including implementing fuel rationing and releasing more oil from the strategic petroleum reserve.On April 3, 2026, the Electronic Information Department of the Ministry of Industry and Information Technology held a symposium on the "15th Five-Year Plan" for the electronic information manufacturing industry in Wuhan, Hubei Province. The meeting pointed out that the electronic information manufacturing industry is characterized by its large scale, long supply chain, active innovation, large market, high degree of internationalization, significant risks to the security of the industrial and supply chains, prominent strengths and weaknesses, obvious regional cluster development, and significant empowering and leading role. It has a particularly strong driving effect on the industrial economic development of various provinces. It is necessary to accurately grasp the new situation and tasks facing the development of the electronic information manufacturing industry during the "15th Five-Year Plan" period, adhere to a systematic approach, strengthen overall coordination, fully absorb local opinions and suggestions, ensure effective vertical coordination, and accelerate the formulation of the "15th Five-Year Plan" for the electronic information manufacturing industry to provide strong support for promoting the high-quality development of the electronic information manufacturing industry and building a manufacturing powerhouse.PTT, Thailands national oil company, plans to more than double the size of its electric vehicle charging network to 7,000 stations by 2030.April 3 – Due to the turmoil in the fuel market caused by the Middle East war, at least two of Japans largest electricity retailers have temporarily suspended accepting new industrial customers pending market clarification. A spokesperson for Tokyo Gas, which provides gas-fired electricity to the Japanese capital, stated that the company suspended accepting new industrial electricity customers since March 6 due to the impact of the ongoing conflict on procurement costs, and has not yet decided when to resume. Furthermore, Eneos Power Corp., the electricity retail arm of oil giant Eneos Holdings, has also announced on its website that it is suspending applications for new industrial customers. These restrictions only apply to high-voltage industrial users; both companies continue to accept applications from low-voltage residential users.The main contract for low-sulfur fuel oil (LU) surged 6.00% intraday, currently trading at 5268.00 yuan/ton.

At market closing, Israeli stocks are higher; the TA 35 is up 0.08%

Haiden Holmes

Sep 05, 2022 11:44

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After the market closed on Sunday, the Oil & Gas, Banking, and Financials sectors pushed the Israeli stock market higher.


At the closing bell in Tel Aviv, the TA 35 gained 0.08 percent.


Delek Group (TASE:DLEKG) had the best performance on the TA 35 during the session, gaining 3.64 percent, or 2,050.00 points, to finish at 58,400.00. Phoenix Holdings Ltd (TASE:PHOE1) jumped 1.98 percent, or 77.00 points, to $3,970.00 at the close of trade, while Teva Pharmaceutical Industries Ltd (TASE:TEVA) advanced 1.96 percent, or 57.00 points, to $2,970.00.


Airport City Ltd (TASE:ARPT) had the worst performance throughout the session, declining 1.75 percent, or 121 points, to close at 6,780.00. Bezeq Israeli Telecommunication Corp Ltd (TASE:BEZQ) declined 1.61 percent, or 9.20 points, to 564.00 at the end of trading, while Elbit Systems Ltd (TASE:ESLT) down 1.52 percent, or 1,060.00 points, to 68,860.00.


On the Tel Aviv Stock Exchange, falling stocks outnumbered rising ones by a ratio of 262 to 194, with 51 remaining constant.


The cost of a barrel of crude oil for delivery in October climbed by 0.74 percent, or $0.64, to $87.25 a barrel. Brent oil for November delivery jumped by 1.00%, or $0.92, to $93.28 per barrel, while the December Gold Futures contract increased by 0.78%, or $13.30, to $1,722.60 per troy ounce.


The USD/ILS exchange rate remained unchanged at 3.38, while EUR/ILS held steady at 3.36.


Futures for the US Dollar Index decreased 0.09 percent to 109.57.