Mon: Teva and TASE slide continues

Teva and Bezeq led the TASe down today as the banks bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.26% to 1,560.98 points; the Tel Aviv 125 Index fell 0.28% to 1,411.78 points; and the BlueTech Global Index fell 0.60% to 352.55 points. The TelBond 20 corporate bond index fell 0.08% to 340.49 points. Trading turnover was NIS 1.23 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.186% at NIS 3.778/$ from Friday's rate and set the shekel-euro rate up 0.603% at 4.284/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 3.64% for the biggest fall on the Tel Aviv 35 index. Israel Chemicals (TASE: ICL: NYSE: ICL) fell 1.51% and Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 1.85%.

Gazit-Globe Ltd. (NYSE: GZT; TASE: GZT; TSX: GZT) rose 1.85% and Bank Leumi (TASE: LUMI) rose 1.86% for the biggest rise on the Tel Aviv 35 Index on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 0.49%, Mizrahi Tefahot Bank (TASE:MZTF) rose 0.43% and Israel Discount Bank (TASE: DSCT) rose 1.06%.

Published by Globes, Israel business news - en.globes.co.il - on December 17, 2018

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

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