Tue: TASE halts slide

The market rose today led by Perrigo and Partner but the big banks continued to fall.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.68% to 1,590.70 points; the Tel Aviv 125 Index rose 0.68% to 1,440.25 points; and the BlueTech Global Index rose 0.09% to 376.81 points. The TelBond 20 corporate bond index rose 0.09% to 342.23 points. Trading turnover was NIS 1.35 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.563% at NIS 3.748/$ compared with yesterday's rate and set the shekel-euro rate up 0.284% at 4.267/€.

On the market,Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 4.73% for the biggest rise on the Tel Aviv 35 Index. Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 4.17% and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.56%. Partner Communications Ltd. (Nasdaq: PTNR; TASE: PTNR) rose 3.45% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 2.76%.

Bank Leumi (TASE: LUMI) fell 1.15% for the biggest fall on the Tel Aviv 35 Index on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 0.94%, Israel Discount Bank (TASE: DSCT) fell 1.10%, and Mizrahi Tefahot Bank (TASE:MZTF) fell 0.51%.

Published by Globes, Israel business news - en.globes.co.il - on December 11, 2018

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

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