Timora Fund is paying REIT1 NIS 131.5 million for the two properties in Lod’s northern industrial zone.
Timora Fund buys 2 Lod industrial buildings
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Timora Fund buys 2 Lod industrial buildings
Timora Fund is paying REIT1 NIS 131.5 million for the two properties in Lod’s northern industrial zone.
Stock market at the moment: Asian markets largely larger after Biden-McCarthy deal on US debt
Asian shares are mostly higher after President Joe Biden and House Speaker Kevin McCarthy reached a final agreement on a deal to raise the U.S. national debt ceiling. Tokyo, Sydney and Shanghai advanced while Hong Kong fell. Markets in Seoul were closed for a holiday. The agreement on the U.S. debt eased what had been […]
PwC Australia places 9 companions on go away, overhauls board amid tax leak scandal
SYDNEY — PricewaterhouseCoopers (PwC) Australia on Monday ordered nine partners to take leave and overhauled its governance board, as it battles a national scandal over the misuse of confidential government tax plans. The “big four” firm is reeling after a former tax partner consulting on new anti-tax avoidance laws shared confidential drafts with colleagues that […]
RIL shares out of consolidation, can rally one other Rs 200: Anand James
Positive news flow on Jio as well as Reliance consumer products apparently boosted the sentiments for the stocks, which had been dominated by bears post the first half of May.
Six methods the wealthy save large on property taxes, from placing homes in trusts to purchasing offshore life insurance coverage
It’s Not a Good Time to Be a Steel Mill or Coal Mine in China
China’s raw materials producers are at the forefront of falling industrial profits as poor demand and price deflation tear into margins at steel mills, metals smelters, chemicals firms and coal miners.
US, Kenya ties ought to favour each nations
The US government seems focused on enhancing the bilateral ties with Kenya going by ongoing…
Debt ceiling deal would pace up Mountain Valley Pipeline completion
Maksim Safaniuk/iStock by way of Getty Images The new debt ceiling deal features a provision that will speed up the completion of the Mountain Valley Pipeline, in response to a number of studies, an surprising growth that's certain to upset some D.C. legislators who...
IMF phrases for brand new Sh75 billion Kenya mortgage pegged on reforms
Kenya will not tap into its new $544.3 million loan facility with the International Monetary…
Big movers on D-Street: What ought to buyers do with RIL, Medplus and Page Industries?
Positive macroeconomic data and normal monsoon forecasts boosted equity markets at the end of last week, with IT, realty and FMCG all seeing gains. RIL saw a 3% rise, but Page Industries saw a drop of 8.78%. Senior Technical Analyst, Swastika Investmart, Pravesh Gour, recommends buying RIL stocks as it has seen a breakout of inverse head and shoulder formation on the longer timeframe with strong volume, suggesting a potential bullish reversal. Med Plus is risky but currently trading above its moving averages, and Page Industries is a good buy for the long term.
ETMarkets Smart Talk: Vinay Jaising decodes 3 the explanation why India may outperform world friends in 2H2023
We are now trading at 20 x F2024 earnings, which is in line with our 5-year average multiples. However, if we were to look at YTD numbers, MSCI India is down 2%, underperforming NASDAQ by 23% and MSCI World by 10% and MSCI EM by 4%.
