News Briefs

  7/26/2013, Av 19, 5773

Chairman of Tel Aviv Stock Exchange Resigns

Chairman Sam Bronfeld of the Tel Aviv Stock Exchange announced, Thursday, that he was stepping down. The resignation was accepted ten days after that of the stock market's director-general, Esther Levanon.

Chairman Shmuel Hauser of the Securities Authority was not moved by the announcement. He expressed confidence in the ability of the bourse's board to hire the appropriate replacements for Bronfeld and Levanon as soon as possible.