The Tel Aviv Stock Exchange (TASE) fell slightly today. The Tel Aviv 25 Index dipped 0.02% to 1,234.29 points, the Tel Aviv 100 Index fell 0.17% to 1,089.82 points, and the BlueTech 50 Index fell 0.26% to 332.26 points. Turnover was NIS 979.1 million.
The leading TASE indices dipped today, despite gains on European markets and at the opening on Wall Street.
In the bond market, long-term Shahar unlinked shekel government bonds rose by an average of 0.1% and long term CPI-linked bonds rose by an average of 0.2%. The corporate bond benchmark Tel-Bond 20 Index rose 0.12%.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.828/$, down 0.18% on Friday's rate, and set the shekel-euro representative exchange rate at NIS 4.951/€, down 0.20%.
In the stock market, Gazit-Globe Ltd. (NYSE: GZT; TASE: GLOB) fell 0.2%. Standard & Poor's Maalot Ltd. today gave the company's planned NIS 500 million bond issue an A+ rating. The company will use the proceeds to recycle debt and for current operations.
Tamar partners Delek Drilling LP (TASE: DEDR.L) rose 2% and Avner Oil and Gas LP (TASE: AVNR.L) rose 1.2%, but Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) fell 0.3%. The companies today announced the signing of a gas supply contract with Dor Alon Energy in Israel (1988) Ltd. (TASE:DRAL). Also, the Ministry of Energy and Water Resources published its decision about use of the gas pipeline from the Tamar rig to the Ashdod terminal.
Israel Chemicals Ltd. (TASE: ICL) fell 2.3% for the biggest drop among Tel Aviv 25 shares on the day's biggest turnover of NIS 85 million.
Published by Globes [online], Israel business news - www.globes-online.com - on December 10, 2012
© Copyright of Globes Publisher Itonut (1983) Ltd. 2012