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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 […]

PwC Australia places 9 companions on go away, overhauls board amid tax leak scandal

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 […]

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Big movers on D-Street: What ought to buyers do with RIL, Medplus and Page Industries?

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.

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