Internet Gold, B Com Jump on Bets Bezeq Is Cheap: Tel Aviv Mover
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Internet Gold-Golden Lines Ltd. and B Communications Ltd., which both hold interests in Bezeq Israeli Telecommunication Corp, advanced in Tel Aviv on bets shares in the fixed-line operator are cheap.
Internet Gold, which owns a stake in Bezeq via B Communications, rose 5.7 percent to 9.382 shekels, the highest level since Aug. 8, at the close in Tel Aviv. B Communications advanced 8.8 percent, the most since Aug. 7, to 12.2 shekels. Bezeq declined 2 percent to 4.50 shekels, trimming the gain since releasing second-quarter earnings on Aug. 2 to 10 percent. The benchmark TA-25 index rose 0.5 percent.