Mon: Bezeq jumps but indices edge down

Telecommunications companies Bezeq and Partner were notable advancers today.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.09%, to 1,553.39 points; the Tel Aviv 125 Index fell 0.06%, to 1,414.45 points; and the BlueTech Global Index fell 0.18%, to 378.73 points. The TelBond 20 corporate bond index fell 0.07%, to 346.79 points. Turnover totaled NIS 1.1 billion in equities and NIS 2.7 billion in bonds.

On the foreign exchange market today, the representative shekel-dollar rate was set 0.17% lower, at NIS 3.6270/$, and the representative shekel-euro rate was set 0.14% lower, at NIS 4.1531/€.

The Tel Aviv Stock Exchange published statistics for January today, showing that all the main indices rose last month, in line with leading markets around the world. The Tel Aviv 35 Index rose 6.2%, with Teva up 24% and Perrigo up 17%. Daily turnover in equities (including ETFs) averaged NIS 1.1 billion. Corporate bond offerings raised NIS 6.5 billion last month, of which Bank Leumi raised NIS 2.4 billion.

Today's trading was led by Bezeq, which rose 6.14%. Ratio rose 1.56%; Bank Leumi fell 0.13%; Bank Hapoalim rose 0.20%; and Nice Systems fell 0.37%. Besides Bezeq, telecommunications company Partner also made a strong showing, rising 5.55%. Israel Corporation fell 2.06%.

Published by Globes, Israel business news - - on February 4, 2019

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

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