The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 0.56% to 1,363.51 points, the Tel Aviv 100 Index fell 0.37% to 1,220.17 points, but the BlueTech 50 Index rose 0.14% to 334.80 points. Turnover was NIS 1.43 billion.
The TASE fell today, despite mixed sessions in European markets and gains at the opening on Wall Street.
Mutual funds raised a net NIS 5 billion in October, one of the best months in the industry's history
In the foreign currency market, the Bank of Israel set the shekel-dollar representative exchange rate at NIS 3.503/$, down 0.40% on Friday's rate, and the shekel-euro representative exchange rate at NIS 4.806/€, up 0.06%.
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 0.13%.
In the stock market, Orange franchisee Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) fell 1.9%, for the biggest loss among Tel Aviv 25 shares and on the day's biggest turnover of NIS 73.2 million, after Scailex Corporation (TASE: SCIX; Pink Sheets:SCIXF), controlled by Ilan Ben-Dov, sold a second block of two million shares in the company for NIS 31.60 per share for NIS 63.2 million. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 1.8%, and Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 1.2%.
Oil Refineries Ltd. (TASE:ORL) rose another 2.9%, for the biggest gain among Tel Aviv 25 shares. Sister company Israel Chemicals Ltd. (TASE: ICL) fell 1.7%.
On the Tel Aviv 100 Index, Given Imaging Ltd. (Nasdaq: GIVN; TASE: GIVN) rose another 4.3%, on top of yesterday's 21% gain.
Elsewhere in the market, IDB Holding Corp. Ltd. (TASE:IDBH) fell 17.6%, after its bondholders voted in favor of the Eduardo Elsztain-Motti Ben-Moshe consortium's bid to take over the company from Nochi Dankner.
Published by Globes [online], Israel business news - www.globes-online.com - on December 9, 2013
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