The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 1.51% to 1,195.19 points, the Tel Aviv 100 Index rose 1.56% to 1,063.09 points, and the BlueTech 50 Index rose 1.17% to 316.41 points. Turnover was NIS 648.2 million.
The TASE rose across the board today, in line with gains on European markets and on Wall Street on Friday.
In the foreign currency market, the options pointed to a 0.14% gain in the shekel-dollar exchange rate, compared with Friday's representative rate, to NIS 3.687/$, and a 0.11% gain in the shekel-euro exchange rate to NIS 5.033/€.
In the bond market, long-term Shahar unlinked shekel government bonds rose by up to 0.1% and long term Galil CPI-linked government ranged between losses of 0.2% and gains of 0.2%. The corporate bond benchmark Tel-Bond 20 Index rose 0.18%
In the stock market, Perrigo Company (Nasdaq:PRGO; TASE:PRGO) and Mellanox Technologies Ltd. (Nasdaq:MLNX; TASE:MLNX) both rose 5.5%, for the biggest gains among Tel Aviv 25 shares; Perrigo after publishing strong second fiscal quarter financials and announcing an acquisition on Friday; and Mellanox without any announcement at all.
Tel Aviv 100 Index listed Brainsway Ltd. (TASE:BRIN) rose 6.6% on the day's biggest turnover of NIS 43 million.
Back on the Tel Aviv 25 Index, Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 0.8% for the biggest loss among Tel Aviv 25 shares.
Bank Leumi (TASE: LUMI) rose 2% and Bank Hapoalim (TASE: POLI) rose 1.2%, boosting the Banking Index 1.5%, while on the Tel Aviv 100 Index Migdal Insurance and Financial Holdings Ltd. (TASE: MGDL) rose 3.4%, to power the Insurance Index up 2.2%.
Elsewhere in the market, El Al Israel Airlines Ltd. (TASE: ELAL) rose 20.5%, after First Israel Mezzanine Investors Fund (FIMI) invested in the airline to become part of its controlling core. El Al's parent company, Knafaim Holdings Ltd. (TASE: KNFM) fell 2.8%. Rosetta Green Ltd. (TASE: RSTG) rose 22.3%, after announcing that Monsanto Corporation (NYSE: MON) will acquire its activity, and Intec Pharma Ltd. (TASE: INTP) rose 13%. Perion Networks Inc. (Nasdaq:PERI: TASE:PERI) fell 11.9%, after updating its agreement with Google Inc. (Nasdaq: GOOG).
Published by Globes [online], Israel business news - www.globes-online.com - on February 3, 2013
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