The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 1.18% to 1,178.41 points, the Tel Aviv 100 Index rose 1.12% to 1,081.68 points, and the BlueTech 50 Index rose 0.86% to 321.68 points. Turnover was NIS 2 billion.
The TASE rally continued today, in line with gains on European markets and at the opening on Wall Street, as tensions with Syria abated somewhat.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.63/$, down 0.98% compared with yesterday's rate, and set the shekel-euro representative exchange rate at NIS 4.813/€, down 1.81%.
In the bond market, long-term Shahar unlinked shekel government bonds and and long term Galil CPI-linked government rose. The corporate bond benchmark Tel-Bond 20 Index rose 0.22%.
In the stock market, Israel Corporation (TASE: ILCO) fell 2%, for the biggest decline among Tel Aviv 25 shares, after swinging to a loss.
Bank Hapoalim (TASE: POLI) rose 3.6% and Bank Leumi (TASE: LUMI) rose 2.7%, on the day's biggest turnover of NIS 131.4 million, after publishing their financials.
Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 4.8% for the biggest gain among Tel Aviv 25 shares.
Published by Globes [online], Israel business news - www.globes-online.com - on August 29, 2013
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