The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.54% to 1,293.32 points, the Tel Aviv 100 Index rose 0.52% to 1,171.12 points, but the BlueTech 50 Index fell 0.22% to 337.60 points. Turnover was NIS 656.6 million.
The leading TASE indices rose today in line with gains on several European markets and on Wall Street on Friday.
In the foreign currency market, options point to a 0.06% dip in the shekel-dollar exchange rate, compared with Friday's representative rate, to NIS 3.524/$, and a 0.01% dip in the shekel-euro exchange rate to NIS 4.87/€.
In the bond market, both long-term Shahar unlinked shekel government bonds and long term Galil CPI-linked government 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 3.1%, for the biggest gain among Tel Aviv 25 shares, and on the day's biggest turnover of NIS 114.3 million, as the share price hit a 12-month high and Citi initiated coverage. Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 1.7%, but Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 2%.
Oil Refineries Ltd. (TASE:ORL) rose 2.5%, after announcing that chairman Akiva Mozes was temporarily stepping down. Parent companies Israel Corporation (TASE: ILCO) fell 0.2%, but Israel Petrochemical Enterprises Ltd. (TASE:PTCH) rose 1.6%.
Delek Group Ltd. (TASE: DLEKG) fell 2.4% for the biggest loss among Tel Aviv 25 shares.
On the Tel Aviv 100 Index, Babylon Ltd. (TASE:BBYL) fell another 4%. Clal Biotechnology Industries Ltd. (TASE: CBI) corrected upwards 3.3%, after falling 8% last week
Property and Building Ltd. (TASE: PTBL) fell 1.1%, but Electra Real Estate Ltd. (TASE:ELCRE) rose 2.3%, after selling properties in Chicago and Montreal, respectively.
Published by Globes [online], Israel business news - www.globes-online.com - on October 27, 2013
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