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Monday, 08/27/2012 10:05:07 PM

Monday, August 27, 2012 10:05:07 PM

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Mellanox Technologies Ltd. (MLNX), the Israeli maker of technology used to transfer and store data, increased 2.2 percent to $116.8. Its shares in Tel Aviv advanced 1.5 percent to 463.9 shekels, or $115.62.
The company will be added to the MSCI Standard Index and removed from the MSCI Small Cap Index at the end of the month, a move that may result in net inflows of $120 million, according to a report from Clal Finance dated yesterday.
To contact the reporter on this story: Sridhar Natarajan in New York at snatarajan15@bloomberg.net
http://www.bloomberg.com/news/2012-08-27/tower-hits-three-year-low-on-bond-conversion-israel-overnight.html?cmpid=yhoo