Mon: Perrigo lifts TASE

Perrigo rose strongly on news it had sold its generic division but Ormat continues its plunge.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 1.19%, to 1,562.85 points; the Tel Aviv 125 Index rose 1.49%, to 1,628.70 points; and the BlueTech Global Index rose 2.60 %, to 618.48 points. The TelBond 20 corporate bond index rose 0.12%, to 371.32 points. Turnover totaled NIS 2.01 billion in equities and NIS 3.18 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate 0.793% higher from Thursday before the Purim holiday, at NIS 3.306/$, and the representative shekel-euro rate was 0.723% lower, at NIS 3.983/€.

On the market, Perrigo Company (NYSE:PRGO; TASE:PRGO) rose 5.35% for the biggest rise on the Tel Aviv 35 Index after announcing the sale of its generics division. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 2.54% and Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) rose 1.59%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) rose 0.72% and ICL (TASE: ICL: NYSE: ICL) rose 1.52%. Bank Leumi (TASE: LUMI) rose 0.79%.

Ormat Technologies Inc. (NYSE: ORA; TASE: ORA fell 5.52% for the biggest fall on the Tel Aviv 35 Index. Israel Discount Bank (TASE: DSCT) fell 0.40%. Bank Hapoalim (TASE: POLI) fell 0.21% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) also fell 0.21% on the day's biggest trading turnover.

Published by Globes, Israel business news - - on March 1, 2021

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