Wed: Teva pushes TASE down

Teva and Perrigo led today's losses while NICE Systems and Frutarom bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.80% to 1,448.41 points; the Tel Aviv 125 Index fell 0.82% to 1,318.22 points; and the BlueTech Global Index fell 1.32% to 366.27 points. The TelBond 20 corporate bond index rose 0.03% to 344.64 points. Trading turnover was NIS 1.20 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.601% from yesterday at NIS 3.513/$ and set the shekel-euro rate up 0.258% at 4.153/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.08% on the day's biggest trading turnover.Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 2.52% and Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 2.34%.

Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 1.45% despite reporting a new contract. Harel Insurance Investments and Financial Services Ltd. (TASE: HARL) fell 3.16% for the biggest fall on the Tel Aviv 35 Index. Delek Group Ltd. (TASE: DLEKG) fell 2.58% and Delek Drilling LP (TASE: DEDR.L) fell 1.91%.

NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 1.10% and Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) rose 1.40% for the biggest rise on the Tel Aviv 35 Index.

Published by Globes [online], Israel business news - - on December 6, 2017

© Copyright of Globes Publisher Itonut (1983) Ltd. 2017

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