Mon: TASE loses ground

Bank Hapoalim and Shikun U'Binui led the TASE down today as Tower bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.44% to 1,660.21 points; the Tel Aviv 125 Index fell 0.71% to 1,571.16 points; and the BlueTech Global Index fell 1.32% to 372.53 points. The TelBond 20 corporate bond index fell 0.12% to 368.69 points. Trading turnover was NIS 1.20 billion.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.114% today at NIS 3.499/$ from Friday's exchange rate, and set the shekel-euro rate down 0.049% at 3.860/€.

On the market, Shapir Engineering and Construction Ltd. (TASE: SPEN) rose 1.15% for the biggest rise on the Tel Aviv 35 Index. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) rose 1.10%, LivePerson Inc. (Nasdaq: LPSN); TASE: LPSN) rose 1.08% and Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 0.89%. Israel Chemicals (TASE: ICL: NYSE: ICL) rose 0.68% and Azrieli Group Ltd. (TASE: AZRG) rose 0.69%.

Shikun u'Binui Holdings Ltd. (TASE: SKBN) fell 2.87% for the biggest fall on the Tel Aviv 35 Index today. Bank Hapoalim (TASE: POLI) fell 1.46% and Bank Leumi (TASE: LUMI) fell 0.46%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.58% on the day's biggest trading turnover. Delek Group Ltd. (TASE: DLEKG) fell 1.16%.

Published by Globes, Israel business news - - on November 11, 2019

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