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Israeli stocks rose on Sunday, led by strength in Teva Pharmaceutical, Israel Chemicals, supermarket chain Shufersal and semiconductor foundry Tower, with the banks lagging.

The Tel Aviv Stock Exchange's benchmark TA-25 Index closed 0.60% higher at 1172.94, while the TA-100 Index (XX:TA100 1,098, -2.90, -0.26%) added 0.66% to 1104.92.
Israeli stocks squeaked out a seventh straight day of gains, with some prominent technology companies rising after reporting fourth-quarter results and Teva Pharmaceutical and a couple of the major banks falling back.The Tel Aviv Stock Exchange's benchmark TA-25 Index edged up 0.14% at the close to 1,168.21, while the TA-100 Index (XX:TA100 1,101, +2.81, +0.26%) added 0.26% to 1,100.60.
Investing in Turkish stocks could bring strong gains over the next year and a rally in the country's currency could give those gains an extra boost, Chris Zwermann, global strategist at Zwermann Financial, told CNBC Wednesday.
DUBAI, United Arab Emirates (AP) -- Shares of a leading Dubai construction company that helped build the world's tallest tower fell after an Abu Dhabi state-run investment firm agreed to buy a controlling stake.

Arabtec Holding shares are down 6.9 percent in the first full trading day since the deal was made public.
Much has been made of the BRIC countries (Brazil, Russia, India, and China) and their return to center stage in 2010. There is no argument here that their growth potential is promising, and equally as important, that their political clout is rising. It is hard to say whether they really deserve the tag of "Emerging Markets" any longer. The graph below illustrates the enormous outperformance of th