Sun: Israel Chemicals, Teva lead TASE rebound

Israel Chemicals and Teva led the gains today while Perrigo and Opko led the losses.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.56% to 1,597.87 points; the Tel Aviv 125 Index rose 0.56% to 1,443.23 points; and the BlueTech Global Index rose 0.85% to 382.46 points. The TelBond 20 corporate bond index rose 0.05% to 346.98 points. Trading turnover was NIS 440.7 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.193% at NIS 3.628/$ from Friday's rate and set the shekel-euro rate down 0.078% at 4.204/€.

On the market, Israel Chemicals (TASE: ICL: NYSE: ICL) rose 3.85% for the biggest rise on the Tel Aviv 35 Index on the day's biggest trading turnover after signing major contracts with Chinese customers. Parent company Israel Corporation (TASE: ILCO) rose 3.54%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 3.55%, Oil Refineries Ltd. (TASE:ORL) rose 2.2% and Delek Group Ltd. (TASE: DLEKG) rose 1.29%.

Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 2.06% for the biggest fall on the Tel Aviv 35 index and Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 1.89%. Bank Leumi (TASE: LUMI) fell 0.13%.

Published by Globes [online], Israel business news - en.globes.co.il - on October 14, 2018

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

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