Tue: Teva pushes TASE down

Teva and Delek led the declines today but Fattal and Shapir bucked the market.

The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 35 Index fell 0.27%, to 1,389.12 points; the Tel Aviv 125 Index fell 0.57%, to 1,362.59 points; and the BlueTech Global Index fell 0.58%, to 444.39 points. The TelBond 20 corporate bond index rose 0.98%, to 357.87 points. Turnover totaled NIS 1.73 billion in equities and NIS 4.75 billion in bonds.

On the foreign exchange market, the Bank of Israel set the shekel-dollar exchange rate up 0.232% from Monday at NIS 3.450/$ and the shekel-euro rate down 0.036% at NIS 3.895/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.47% and Delek Group Ltd. (TASE: DLEKG) fell 3.37%. Bank Hapoalim (TASE: POLI) fell 1.57% and Mizrahi Tefahot Bank (TASE:MZTF) fell 1.40%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 0.88% and Azrieli Group Ltd. (TASE: AZRG) fell 1.02%.

Fattal Holdings (1998) Ltd. (TASE: FTAL) rose 8.42% for the biggest rise on the Tel Aviv 35 Index and Shapir Industry and Engineering (TASE: SPEN) rose 4.36%. Israel Chemicals (TASE: ICL: NYSE: ICL) rose 2.33% and parent company Israel Corporation (TASE: ILCO) rose 3.28%. Bank Leumi (TASE: LUMI) rose 0.76% on the day's biggest trading turnover and Israel Discount Bank (TASE: DSCT) rose 2.47%. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) rose 2.61%.

Published by Globes, Israel business news - en.globes.co.il - on July 7, 2020

© Copyright of Globes Publisher Itonut (1983) Ltd. 2020

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