Sustainability: Israel Stocks: Oil Refineries, Sunflower Sustainable Investments

Israel’s TA-25 Index gained for the first time in three days, advancing 0.2 percent to 1,255.22 at 12:43 p.m. in Tel Aviv. The gauge has lost 1.4 percent this week.

The following stocks rose or fell today. Symbols are in parentheses.

Oil Refineries Ltd. (ORL IT) retreated 2.2 percent to 2.342 shekels, headed for the lowest close in three months. Israel’s biggest refiner was lowered to “market perform” from “outperform” at Clal Finance Brokerage Ltd. and to “market perform” from “buy” at Psagot Investment House Ltd.

Sunflower Sustainable Investments Ltd. (SNFL) rose to the highest level this month, increasing 1 percent to 12.12 shekels.

The developer of photovoltaic solar-energy projects agreed to invest 30 million shekels ($8.4 million) to build Israeli projects.

Source: bloomberg.com