Somewhat Positive Media Coverage Somewhat Unlikely to Impact Kenon Holdings (KEN) Share Price

Press coverage about Kenon Holdings (NYSE:KEN) has trended somewhat positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kenon Holdings earned a daily sentiment score of 0.04 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 45.9265478585814 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:

• Kenon completes $650m bond issue (globes.co.il)
• Kenon : CDA, a Subsidiary of Kenon, Issues $650 Million Senior Notes (4-traders.com)
• Chinese Automaker Chery To Enter Europe With New Brand, Compact SUV (autoevolution.com)
• BRIEF-Kenon holdings says its unit CDA issues $650 mln senior notes ‍ (reuters.com)

Shares of Kenon Holdings (NYSE KEN) opened at 13.97 on Friday. The company has a 50 day moving average price of $13.64 and a 200 day moving average price of $12.51. Kenon Holdings has a 12-month low of $8.81 and a 12-month high of $16.00. The company’s market capitalization is $735.26 million.

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About Kenon Holdings

Kenon Holdings Ltd. is a holding company that operates primarily growth-oriented businesses. The Company’s segments include I.C. Power Asia Development Ltd (IC Power), Qoros Automotive Co, Ltd. (Qoros) and Other. I.C. Power, through its subsidiary companies, is engaged in the production, operation and sale of electricity in countries in Latin America, the Caribbean region and Israel.