The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.12% to 1,304.15 points, the Tel Aviv 100 Index fell 0.11% to 1,177.94 points, and the BlueTech 50 Index fell 0.26% to 342.65 points. Turnover was NIS 1.06 billion.
The TASE indices fell slightly today, despite a mixed session on European markets and gains at the opening on Wall Street.
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.535/$, up 0.06% on Friday's rate, and set the shekel-euro representative exchange rate at NIS 4.836/€, up 0.07%.
In the bond market, long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government bonds rose. The corporate bond benchmark Tel-Bond 20 Index rose 0.09%.
In the stock market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.8% for the biggest gain among Tel Aviv 25 shares, on the day's biggest turnover of NIS 67.8 million. Opko Health Inc. (NYSE: OPK; TASE: OPK) fell another 4.7% for the biggest loss on the index.
Israel Chemicals Ltd. (TASE: ICL) fell 0.4%, sister company Oil Refineries Ltd. (TASE:ORL) fell 1%, and their parent company Israel Corporation (TASE: ILCO) fell 0.9%.
On the Tel Aviv 100 Index, Babylon Ltd. (TASE:BBYL) fell another 8.8%, and Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) rose 2.1%% on reports of layoffs. Silicom Ltd. (Nasdaq:SILC; TASE:SILC) rose 16.5%, after publishing record revenue and profits for the third quarter.
Published by Globes [online], Israel business news - www.globes-online.com - on October 21, 2013
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