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.

Day's Change
1.25 (3.34%)
B/A Size
Day's High
Day's Low

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.


Walmart's stock suffers biggest 2-day selloff since 1987

1:11 pm ET May 18, 2022 (MarketWatch)

Shares of Walmart Inc. (WMT) sank 6.6% toward a 22-month low in midday trading Wednesday, as it fell in sympathy with the plunge in rival discount retailer Target Corp.'s stock (TGT) on the back of a big earnings miss. Walmart's stock drop follows an 11.4% tumbled on Tuesday, after the company's disappointing fiscal first-quarter report. The stock's two-day selloff of 17.3% would be the worst two-day performance since fell 19.0% in the two days ending Oct. 19, 1987. Keep in mind that after that two-day selloff, the stock bounced over the next month, but hit a lower low in early December. The next biggest two-day decline was 15.6% on Feb. 17, 2000; it continued to decline over the next week before bouncing, then fell to a lower low before the end of the year. Walmart shares have now shed 15.3% year to date, while the Dow Jones Industrial Average has lost 12.6%.

-Tomi Kilgore


(END) Dow Jones Newswires

May 18, 2022 13:11 ET (17:11 GMT)

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