Kenon Holdings Ltd
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KEN Kenon Holdings Ltd
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Utilities : Independent Power & Renewable Electricity Producers | Mid Cap Blend
Based in Singapore
Company profile

Kenon Holdings Ltd. is a Singapore-based holding company that operates primarily growth-oriented businesses. The Company's holdings are at various stages of development, ranging from established, cash-generating businesses to early-stage companies. The Company's primarily operates through OPC Energy Ltd. (OPC), a power generation company with facilities in Israel and the United States. OPC’s portfolio in Israel consists of OPC Rotem Ltd., a 466 megawatts (MW) combined cycle power plant, and OPC Hadera Ltd., a 144 MW co-generation power plant. OPC’s portfolio in the United States consists of the CPV Group, a business engaged in the development, construction and management of power plants running conventional energy (powered by natural gas) and renewable energy in the United States. The Company also holds interests in ZIM Integrated Shipping Services, Ltd. (ZIM), which is a global container shipping company, and in Qoros Automotive Co., Ltd. (Qoros), a China-based automotive company.

Price
Delayed
$38.58
Day's Change
1.25 (3.34%)
Bid
--
Ask
--
B/A Size
--
Day's High
39.53
Day's Low
38.48
Volume
(Light)

Today's volume of 30,103 shares is on pace to be much lighter than KEN's 10-day average volume of 104,151 shares.

30,103

'Jay Powell is a hero' for response to pandemic, Warren Buffett says

4:21 pm ET April 30, 2022 (MarketWatch)
Print

Warren Buffett hasn't changed his tune on Federal Reserve Chairman Jerome Powell despite a surge in inflation. Buffett, the chairman and CEO of Berkshire Hathaway Inc. (BRKA)(BRKA), two years ago told shareholders that Powell belonged "on the pedestal" with former Fed chief Paul Volcker, for his quick response to the danger to the economy and financial system from the onset of the COVID-19 pandemic. Speaking at this year's Berkshire annual meeting on Saturday, Buffett doubled down on his praise of the current Fed chief, saying, "in my book, Jay Powell is a hero." Buffett said that it would have been human nature for a Fed chief to engage in "thumbsucking" when presented with a threat on the scale of the pandemic instead of taking action, which would have been disastrous for the economy. Powell has faced criticism for maintaining loose monetary policy as inflation pressures built up, with the Fed now weighing an aggressive round of rate increases and other measures aimed at tightening monetary policy.

-William Watts

	

(END) Dow Jones Newswires

April 30, 2022 16:21 ET (20:21 GMT)

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