The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 1.09% to 1,228.82 points, the Tel Aviv 100 Index rose 1.16% to 1,088.10 points, and the BlueTech 50 Index rose 0.44% to 338.70 points. Turnover was NIS 1.5 billion.
The TASE rose strongly across the board today, in line with gains on European markets and despite a mixed opening on Wall Street.
The Central Bureau of Statistics will publish the Consumer Price Index (CPI) for September after the markets close today. The analysts' consensus is for a gain of 0.5%.
In the bond market, long-term Shahar unlinked government bonds ranged between losses of 0.1% and gains of 0.1% and long-term Galil CPI-linked bonds rose by up to 0.2%. The corporate bond benchmark Tel-Bond 20 Index rose 0.38%.
In the foreign currency market, Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.816/$, down 0.63% on yesterday's rate, and set the shekel-euro representative exchange rate at NIS 4.952/€, down 0.59%.
In the stock market, Azrieli Group Ltd. (TASE: AZRG) rose 3.9% for the biggest gain among Tel Aviv 25 shares. Its real estate peer on the index, Gazit-Globe Ltd. (NYSE: GZT; TASE: GLOB) rose 3%.
Banks also rose strongly, with Bank Leumi (TASE: LUMI) up 2.8% on the day's biggest turnover of NIS 97.6 million, and Bank Hapoalim (TASE: POLI) up 2.4% on the day's second biggest turnover of NIS 87.2 million.
Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose another 1.2% today, and Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 3.3%, but Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 0.4%. Cellcom's parent company, Discount Investment Corporation (TASE: DISI) rose another 5.2% to complete a 150% gain over ten weeks.
Leviathan partners fell again today, with Avner Oil and Gas LP (TASE: AVNR.L) fell 1.3% for the biggest loss among Tel Aviv 25 shares, and Delek Drilling LP (TASE: DEDR.L) fell 0.1%, while their parent company, Delek Group Ltd. (TASE: DLEKG) rose 2.1%, and their partner Ratio Oil Exploration (1992) LP (TASE:RATI.L) fell 2.7%
Insurance companies, listed on the Tel Aviv 100 Index, rose strongly today, led by a 7.8% gain by Clal Insurance Enterprises Holdings Ltd. (TASE: CLIS), a 7.4% gain by Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) and 4.6% gain by Migdal Insurance and Financial Holdings Ltd. (TASE: MGDL).
Published by Globes [online], Israel business news - www.globes-online.com - on October 15, 2012
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