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Thu: Indices stage late rally

Bank shares were again to the fore, while Ormat Technologies was a standout. Palo Alto joined the leading indices today.

Playtika dips after warning of second-half weakness

The company returned to profit in the second quarter, but said full-year results would be at the lower end of its guidance.

El Al plane lands in Newark, New Jersey credit: Shutterstock Tax Authority warns higher income Israelis are leaving

A Tax Authority study indicates that not only did more Israelis leave the country in 2023 and 2024 but that they had a higher income than those emigrating in previous years.

Maharan Frozenfar, Shmuel Abramzon and Shay Aharonovich credit: Tax Authority, Yossi Zamir, Ministry of Finance Spokesperson Tax Authority targets tech employee stock options

The Israel Tax Authority and Finance Ministry are considering incentivizing earlier exercising of stock options to increase state revenues.

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