The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.63% to 1,210.46 points, the Tel Aviv 100 Index rose 0.61% to 1,081.17 points, and the BlueTech 50 Index rose 0.74% to 318.17 points. Turnover was NIS 1.01 billion.
The TASE rose today, in line with gains on some European markets and at the opening on Wall Street. The Tel Aviv 25 Index rose 2.8% for the week, after falling 1.6% last week.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.687/$, down 0.24% on yesterday's rate, and set the shekel-euro representative exchange rate at NIS 5.003/€, up 0.06%.
In the bond market, long-term Shahar unlinked shekel government bonds were unchanged and long term Galil CPI-linked government bonds ranged between losses of 0.1% and gains of 0.1%. The corporate bond benchmark Tel-Bond 20 Index rose 0.03%.
In the stock market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1% on the day's biggest turnover of NIS 55 million, after publishing its financials.
Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 3.3% for the biggest gain among Tel Aviv 25 shares. Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 1.2% after announcing that it expects lower revenue for the fourth quarter. Paz Oil Company Ltd. (TASE:PZOL) fell 1.3% for the biggest loss among Tel Aviv 25 shares.
Bank Hapoalim (TASE: POLI) rose 1.5% and Bank Leumi (TASE: LUMI) rose 1.4%, boosting the Banking Index 1.4%. Also in finance, Tel Aviv 100-listed Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) rose 3.5% and Clal Insurance Enterprises Holdings Ltd. (TASE: CLIS) rose 1.6% to boost the Insurance Index 1.9%.
On the Tel Aviv 100 Index, Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) rose 2.2% on a large Indian contract.
Koor Industries Ltd. (TASE:KOR) and Property and Building Ltd. (TASE: PTBL) fell 2.3% and 0.6%, after and an announcement by IDB Holding Corp. Ltd. (TASE:IDBH) unit Discount Investment Corporation (TASE: DISI) that it will sell shares in them. Discount Investment fell 0.6%.
In the life sciences, Brainsway Ltd. (TASE:BRIN) rebounded 11.2% and D Medical Industries Ltd. (TASE: DMDC) rose 12%.
Bonds of Elbit Imaging Ltd. (Nasdaq: EMITF; TASE: EMIT) fell another 9% and bonds of IDB Holding subsidiary IDB Development fell by up to 10.4% on reports that the bondholders of the two companies are uniting.
Published by Globes [online], Israel business news - www.globes-online.com - on February 7, 2013
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