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Israeli stock market faces sharp decline after gas pipeline explosion
MAHMOUD MOHIE AMANY SABER Published in Youm7 on 04 - 07 - 2011

The main assets of Israeli stock market declined sharply today after the announcement of the Egyptian gas pipeline explosion.
Lamballe company assets declined by 85 percent and lost U.S. $1 billion.
A state of instability shook the circulation of securities association in Tel-Aviv. Power investors are searching ways to raise assets again.
Funds experts recommended to investors in Israel to be careful during sale or purchase process in order to avoid great loses.
The gas pipeline explosion is the third one in six months, which led to an abrupt stop to flow of gas to Israel and Jordan.

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