Mon: Teva, Perrigo lead market down

Teva and Perrigo led the TASE down today, NICE and Harel bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.22% to 1,545.28 points; the Tel Aviv 125 Index fell 0.19% to 1,382.95 points; and the BlueTech Global Index fell 0.24% to 374.07 points. The TelBond 20 corporate bond index rose 0.16% to 345.05 points. Trading turnover was NIS 890.5 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.055% at NIS 3.641/$ from Friday's rate and set the shekel-euro rate up 0.658% at 4.266/€.

On the market, Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 2.19% for the biggest fall on the Tel Aviv 35 index. Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) fell 1.03% and Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) fell 1.13%. Bank Leumi (TASE: LUMI) fell 1.41% on the day's biggest trading turnover.

Alony Hetz Property and Investments Ltd. (TASE: ALHE) rose 2.53% for the biggest rise on the Tel Aviv 35 index. Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) rose 1.55% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 1.30%.

Published by Globes [online], Israel business news - www.globes-online.com - on July 16, 2018

© Copyright of Globes Publisher Itonut (1983) Ltd. 2018

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