Wed: Banks boost bullish TASE

Melisron, Opko and the major banks led the gains today while Tower slipped.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.77% to 1,650.85 points; the Tel Aviv 125 Index rose 1.63% to 1,488.14 points; and the BlueTech Global Index rose 0.75% to 386.38 points. The TelBond 20 corporate bond index rose 0.03% to 345.94 points. Trading turnover was NIS 1.23 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.623% at NIS 3.668/$ from yesterday's rate and set the shekel-euro rate down up 0.252% at 4.217/€.

On the market, Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 3.9% and Melisron Ltd. (TASE: MLSR) rose 4.02% for the biggest rise on the Tel Aviv 35 Index. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.25% and Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 1.53%. Israel Chemicals (TASE: ICL: NYSE: ICL) rose 2.48%, Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 2.89% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 1.63%.

Bank Leumi (TASE: LUMI) rose 2.01% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 2.30%, Israel Discount Bank (TASE: DSCT) rose 2.30% and Mizrahi Tefahot Bank (TASE:MZTF) rose 2.45%.

Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) fell 0.9% for the biggest fall on the Tel Aviv 35 Index and Mazor Robotics Ltd. (TASE:MZOR) fell 0.47%.

Published by Globes, Israel business news - en.globes.co.il - on November 7, 2018

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

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