Israel Corporation Ltd traded at 92,130.00 this Monday February 2nd, decreasing 710.00 or 0.76 percent since the previous trading session. Looking back, over the last four weeks, Israel Corporation lost 2.42 percent. Over the last 12 months, its price fell by 12.26 percent. Looking ahead, we forecast Israel Corporation Ltd to be priced at 90,166.21 by the end of this quarter and at 82,598.06 in one year, according to Trading Economics global macro models projections and analysts expectations.
Israel Corporation Ltd is an Israel-based holding company, which provides focused exposure to well positioned mature assets in the natural resources industry. The Company operates through two main investee companies: Israel Chemicals Ltd (ICL) and Oil Refineries Ltd (ORL). ICL is a multinational group, operating in two divisions: Essential Minerals, which extracts and distributes raw materials within the potash, phosphate and magnesium markets, and Specialty Solutions, which mainly produces bromine from the Dead Sea, as well as manufactures and commercializes bromine and phosphorus compounds. In addition ICL Group's assets include concessions for mining phosphate rock in the Negev Desert in Israel and mining agreements covering the mining of potash mines in Spain and the United Kingdom, among others. ORL and its subsidiaries are mainly engaged in the crude oil refining, production of fuel products, raw materials for the petrochemical industry and other accompanying materials.