The Tel Aviv Stock Exchange fell sharply again today after the announcement of early elections in April. The Tel Aviv 35 Index fell 2.06% to 1,419.50 points; the Tel Aviv 125 Index fell 2.07% to 1,287.62 points; and the BlueTech Global Index fell 1.72% to 312.60 points. The TelBond 20 corporate bond index fell 0.30% to 334.31 points. Trading turnover was NIS 1.90 billion.
On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate up 0.027% at NIS 3.774/$ from Friday's rate and set the shekel-euro rate up 0.479% at 4.302/€.
On the market, Israel Discount Bank (TASE: DSCT) fell 4.17% for the biggest fall on the Tel Aviv 35 Index. Bank Hapoalim (TASE: POLI) fell 3.43%, Mizrahi Tefahot Bank (TASE:MZTF) fell 3.99% and Bank Leumi (TASE: LUMI) fell 2.97% on the day's biggest trading turnover.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.18% and Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 1.26%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 3.32% and Azrieli Group Ltd. (TASE: AZRG) fell 1.04%.
Opko Health Inc. (NYSE: OPK; TASE: OPK) bucked the market, rising 1.1% for the biggest rise on the Tel Aviv 35 Index.
Outside of the Tel Aviv 35 Index, Migdal Insurance and Financial Holdings Ltd. (TASE: MGDL) fell 5.7% after the resignation of chairman Oded Sarig.
Published by Globes, Israel business news - en.globes.co.il - on December 24, 2018
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