Mon: Teva leads TASE higher

Teva and Fattal led strong market gains today but Airport City led the declines.

The Tel Aviv Stock Exchange (TASE) rose today. The Tel Aviv 35 Index rose 1.62%, to 1,421.72 points; the Tel Aviv 125 Index rose 1.80%, to 1,402.82 points; and the BlueTech Global Index rose 1.66%, to 426.44 points. The TelBond 20 corporate bond index rose 0.48%, to 356.23 points. Turnover totaled NIS 1.78 billion in equities and NIS 4.93 billion in bonds.

On the foreign exchange market, the Bank of Israel set the shekel-dollar exchange rate up 0.283% from Friday at NIS 3.543/$ and the shekel-euro rate was set up 0.222% at NIS 3.829/€.

On the market, Fattal Holdings (1998) Ltd. rose 13.57% for the biggest rise on the Tel Aviv 35 Index. Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) rose 2.98%. Israel Chemicals (TASE: ICL: NYSE: ICL) rose 5.70% on a new Indian potash deal and parent company Israel Corporation (TASE: ILCO) rose 7.76%. Delek Group Ltd. (TASE: DLEKG) rose 1% and its energy exploration and production unit Delek Drilling LP (TASE: DEDR.L) rose 9.48%.

Bank Leumi (TASE: LUMI) rose 2.75% on the day's biggest trading turnover. Bank Hapoalim (TASE: POLI) rose 3.17% and Mizrahi Tefahot Bank (TASE:MZTF) rose 4.57%.

Airport City Ltd. (TASE:ARPT) fell 3.83% for the biggest fall on the Tel Aviv 35 Index. LivePerson Inc. (Nasdaq: LPSN); TASE: LPSN) fell 3.30% and Shapir Engineering and Industry Ltd.(TASE: SPEN) fell 2.30%.

Published by Globes, Israel business news - - on May 18, 2020

© Copyright of Globes Publisher Itonut (1983) Ltd. 2020

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