The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.76% to 1,222.60 points, the Tel Aviv 100 Index fell 0.52% to 1,102.09 points, and the BlueTech 50 Index fell 1.19% to 309.02 points. Turnover was NIS 529.5 million.
The TASE fell today, in line with losses on European markets and on Wall Street on Friday.
In the foreign currency market, options pointed to a 0.03% gain in the shekel-dollar exchange rate, compared with Friday's representative rate, to NIS 3.684/$, and to a 0.08% drop in the shekel-euro exchange rate to NIS 4.795/€
In the bond market, long-term Shahar unlinked shekel government bonds ranged between losses of 0.1% and gains of 0.1% and long term Galil CPI-linked government rose by up to 0.2%. The corporate bond benchmark Tel-Bond 20 Index fell 0.02%.
In the stock market, Mellanox Technologies Ltd. (Nasdaq:MLNX; TASE:MLNX) fell 12% for the biggest loss among Tel Aviv 25 shares, on the day's biggest turnover of NIS 47.3 million, after announcing that it will delist form the TASE.
Bank Leumi (TASE: LUMI) fell 1.2%. Leader Capital Markets today downgraded its recommendation from "Buy" to "Outperform". Bank Hapoalim (TASE: POLI) fell 0.9%, and the Banking Index fell 0.7%.
Delek Group Ltd. (TASE: DLEKG) rose 2.7% for the biggest gain among Tel Aviv 25 shares.
Elsewhere in the market, Blue Square Real Estate Ltd. (TASE: BLSR) fell 8%, after publishing poor financials for the first quarter.
IDB Holding Corp. Ltd. (TASE:IDBH) rose 9.4% and its and IDB Development Corporation's bonds rose by up to 12.6%, on reports that controlling shareholder Nochi Dankner had made a new offer for a debt settlement.
Alvarion Ltd. (Nasdaq: ALVR; TASE: ALVR) fell another 19.4% on a negative arbitrage gap, following last week's private placement.
Tel Aviv 100 company Kamada Ltd. (:Nadaq: KMDA); TASE: KMDA) fell 6.6% following its offering on Nasdaq, and Mid-Cap company Mazor Robotics Ltd. (Nasdaq: MZOR; TASE:MZOR) rose 6.7% following a favorable recommendation by Leader Capital Markets published by "Globes".
Eden Springs Ltd. (Maayanot Eden) (TASE: MEYD) fell 34.2% on reports that it is in talks to sell its operations.
Published by Globes [online], Israel business news - www.globes-online.com - on June 2, 2013
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