Sun: TASE advances as Teva gains

Opko, Tower and Teva led the gains today while Azrieli and Delek Drilling led the declines.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.08% to 1,464.26 points; the Tel Aviv 125 Index rose 1.31% to 1,331.34 points; and the BlueTech Global Index rose 2.45% to 326.94 points. The TelBond 20 corporate bond index rose 0.18% to 340.58 points. Trading turnover was NIS 781.5 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.264% at NIS 3.771/$ on Friday and set the shekel-euro rate up 0.160% at 4.314/€.

On the market, Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 28.65% for the biggest rise on the Tel Aviv 35 Index after CEO and Chairman Phillip Frost agreed to pay the SEC a $5.6 million settlement over stock manipulation allegations. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 1.95%, Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) rose 3.79% and Israel Chemicals (TASE: ICL: NYSE: ICL) rose 1.49%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 1.03% and Bank Hapoalim (TASE: POLI) rose 0.81% on the day's biggest trading turnover.

Delek Drilling LP (TASE: DEDR.L) fell 1.41% for the biggest fall on the Tel Aviv 35 Index and Azrieli Group Ltd. (TASE: AZRG) fell 1.27%. Gazit-Globe Ltd. (NYSE: GZT; TASE: GZT; TSX: GZT) fell 0.95%, Airport City Ltd. (TASE:ARPT) fell 1% and Bank Leumi (TASE: LUMI) fell 0.39%.

Published by Globes, Israel business news - en.globes.co.il - on December 30, 2018

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

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