Tue: TASE resumes sharp declines

Teva, Perrigo and Elbit led the TASE down today as Opko bucked the market.

The Tel Aviv Stock Exchange (TASE) fell sharply today. The Tel Aviv 35 Index fell 1.47%, to 1,324.56 points; the Tel Aviv 125 Index fell 1.53%, to 1,354.03 points; and the BlueTech Global Index fell 2.25%, to 465.87 points. The TelBond 20 corporate bond index fell 0.35%, to 357.93 points. Turnover totaled NIS 1.88 billion in equities and NIS 4.65 billion in bonds.

On the foreign exchange market, the Bank of Israel set the shekel 0.414% up from Monday at NIS 3.392/$, and the representative shekel-euro rate was set 0.125% higher at NIS 3.999/€.

On the market, NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 0.93% on the day's biggest trading turnover. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.42%, Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 3.71% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 2.94%. Alony Hetz Property and Investments Ltd. (TASE: ALHE) fell 4.07% for the biggest fall on the Tel Aviv 35 Index. Maytronics Ltd. (TASE:MTRN) fell 3.47% and Energix Renewable Energies Ltd. (ENRG) fell 1.95%.

Bank Leumi (TASE: LUMI) fell 0.73%, Bank Hapoalim (TASE: POLI) fell 1.18%, Israel Discount Bank (TASE: DSCT) fell 0.79% and Mizrahi Tefahot Bank (TASE:MZTF) fell 1.05%.

Opko Health Inc. (NYSE: OPK; TASE: OPK) rose 4.99% for the biggest rise on the Tel Aviv 35 Index. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 1.39% and Shikun & Binui Holdings Ltd. (TASE: SKBN) rose 1.09%.

Published by Globes, Israel business news - en.globes.co.il - on September 8, 2020 © Copyright of Globes Publisher Itonut (1983) Ltd. 2020

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