Thu: Big banks lead TASE down

The main indices were down today, with Bank Leumi and Bank Hapoalim the most heavily traded stocks; both fell. Teva and Perrigo, while the energy sector was weak.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 25 Index fell 0.63%, to 1,333.42; the Tel Aviv 100 Index fell 0.22%, to 1,208.50 points; but the BlueTech 50 Index rose 0.47%, to 340.33. Turnover totaled NIS 1.8 billion.

In bonds, the TelBond 20 Index rose 0.07%, to 311.97 points.

On the foreign exchange market, the shekel-dollar rate rose 0.115% in comparison with Monday's representative rate, to NIS 3.4920/$, and the shekel-euro rate rose 0.252%, to NIS 4.782/€.  

Today's falls were led by Bank Leumi, down 1.04%, and Bank Hapoalim, down 0.55%. Healthcare shares Teva and Perrigo rose 0.94% and 0.91%, while it was a down day for Israel Chemicals, which shed 0.78%.

Energy stocks were weak today. Delek Drilling fell 2.05%, and Avner fell 1.94%. Delek Group was off 2.60%.

In the technology sector, Tower Semiconductor returned to winning ways, with a rise of 4.25%.

Oil Refineries reported today that its rights issue had been fully taken up, raising $150 million.

Published by Globes [online], Israel business news - - on December 26, 2013

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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