Published On: Tue, Sep 2nd, 2014

Israeli Stocks, Especially MobilEye, Surge on Wall Street

Nasdaq israel

In spite of Operation Protective Edge, the Bloomberg Israel-U.S. equity index rose by 4.8% in August, which a huge leap in the share price of Mobileye, which has risen 73% since it came public on July 31 and has jumped the highest of any company that raised at least $500 million in the last 3 months. Mobileye develops camera-based advanced driver assistance systems.

Another Israeli stock, Caesarstone Sdot-Yam, which makes quartz countertops, saw its stock price rise 20% in August.

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