The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 25 Index rose 0.86% to 1,327.19 points, the Tel Aviv 100 Index rose 0.84% to 1,202.76 points, and the BlueTech 50 Index rose 0.50% to 329.43 points. Turnover was NIS 626.4 million.
The TASE rose today, in line with gains on European markets and on Wall Street on Friday. The Tel Aviv 25 Index is 1.1% shy of its all-time high, reached in April 2011.
In the foreign currency market, options pointed to a 0.14% gain in the shekel-dollar exchange rate, compared with Friday's representative rate, to NIS 3.524/$, and a 0.48% gain in the shekel-euro exchange rate to NIS 4.757/€.
In the bond market, both 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 0.50%.
In the stock market, Israel Chemicals Ltd. (TASE: ICL) rose 3.5%, for the biggest gain among Tel Aviv 25 shares, on the day's biggest turnover of NIS 28.3 million. Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 1.6% for the biggest loss on the index, and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.6%.
Elsewhere in the market, Can-Fite BioPharma Ltd. (TASE:CFBI; Bulletin Board: CANFY) rose 11% in heavy trading, after obtaining approval to list its ADRs on the NYSE MKT.
Kardan NV (TASE: KRNV;AEX:KARD) rose 8.7%, after announcing the sale of its stake in Globe Trade Centre SA (WSE:GTC) (GTC Poland). Africa-Israel Investments Ltd. (TASE:AFIL) rose 7.1%, after its Russian development arm, AFI Development plc (LSE:AFID), announced a gain on the revaluation of a Moscow project.
Published by Globes [online], Israel business news - www.globes-online.com - on November 17, 2013
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