The main indices on the Tel Aviv Stock Exchange fell sharply today as the coronavirus gave worrying indications that it is spreading worldwide. The Tel Aviv 35 Index fell 2.32%, to 1,685.14 points, the Tel Aviv 125 Index fell 2.57% to 1,624.12 points and the BlueTech Global Index fell 2.66%, to 416.47 points. The TelBond 20 corporate bond index fell 0.41% to 368.50 points. Turnover totaled NIS 1.02 billion in equities and NIS 1.74 billion in bonds.
On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate 0.233% lower on Friday, at NIS 3.424/$, and the representative shekel-euro rate was set down 0.022% at NIS 3.703/€.
On the market, hotel chain Fattal Holdings (1998) Ltd. (TASE: FTAL), spooked by the negative implications of coronavirus for tourism, fell 7.26% for the biggest fall on the Tel Aviv 35 Index. Bank Leumi (TASE: LUMI) fell 2.72% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 1.57%, Israel Discount Bank (TASE: DSCT) fell 1.44% and Mizrahi Tefahot Bank (TASE:MZTF) fell 1.41%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.83%, NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 1.34% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 1%. Israel Chemicals (TASE: ICL: NYSE: ICL) fell 1.85%, Melisron Ltd. (TASE: MLSR) fell 5.40% Gazit-Globe Ltd. (NYSE: GZT; TASE: GZT; TSX: GZT) fell 5.92% and Alony Hetz Property and Investments Ltd. (TASE: ALHE) fell 3.48%.
Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 1.74% for the biggest rise on the Tel Aviv 35 Index and Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 0.24%.
Published by Globes, Israel business news - en.globes.co.il - on February 23, 2020
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