S&P tracks Israel energy and telecoms

S&P tracks Israel energy and telecoms

Index provider Standard & Poor’s has launched a series of sector-specific indexes on the Israeli equities market, in collaboration with Harel Financial Group. 

“There are no existing Israeli defined sector indexes in the market,” says Alka Banerjee, vice-president at S&P Indices in London. “The Israeli equities market is robust and has enough depth to be featured in our indexes. We saw this gap and stepped in to fill it.”

In addition to providing investors with a transparent performance benchmar