Mon: TASE rises as Teva falls

Strauss and Israel Discount Bank led the rises today as Teva continued to fall.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.37% to 1,570.13 points; the Tel Aviv 125 Index rose 0.36% to 1,469.28 points; and the BlueTech Global Index rose 0.21% to 368.27 points. The TelBond 20 corporate bond index rose 0.09% to 364.48 points. Trading turnover was NIS 932.9 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.028% today at NIS 3.534/$ from Friday's rate, and set the shekel-euro rate down 0.329% at 3.967/€.

On the market, Strauss Group Ltd. (TASE:STRS) rose 3.4% for the biggest rise on the Tel Aviv 35 Index today. Israel Discount Bank (TASE: DSCT) rose 2.48% on the day's biggest trading turnover. Oil Refineries Ltd. (TASE:ORL) rose 3.01%, Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 1.88% and Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) rose 1.37%. Shikun u'Binui Holdings Ltd. (TASE: SKBN) rose 3.02% on the news that it is set to join the Tel Aviv 35 Index.

Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) fell 2.18% for the biggest fall on the Tel Aviv 35 Index. Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) fell 2.01% and Delek Group Ltd. (TASE: DLEKG) fell 1.94%. Bank Hapoalim (TASE: POLI) fell 0.63% and Bank Leumi (TASE: LUMI) fell 0.24%.

Published by Globes, Israel business news - en.globes.co.il - on July 22, 2019

© Copyright of Globes Publisher Itonut (1983) Ltd. 2019

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