Sun: TASE edges down as Teva slips

Teva and Delek were in negative territory today while Energean continued to rise sharply.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.16% to 1,603.84 points; the Tel Aviv 125 Index fell 0.21% to 1,487.71 points; but the BlueTech Global Index rose 0.07% to 373.72 points. The TelBond 20 corporate bond index fell 0.01% to 364.40 points. Trading turnover was NIS 496.1 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.140% on Friday at NIS 3.562/$, and set the shekel-euro rate down 0.323% at 4.013/€.

On the market, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 0.75% on the day's biggest trading turnover. Delek Group Ltd. (TASE: DLEKG) fell 2.84% and its exploration and production unit Delek Drilling LP (TASE: DEDR.L) fell 3.17% for the biggest fall on the Tel Aviv 35 Index today. Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) fell 2.09%. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) fell 1.34%, Airport City Ltd. (TASE:ARPT) fell 1.73% and Bank Leumi (TASE: LUMI) fell 0.42%.

Energean Oil & Gas plc (LSE: ENOG; TASE: ENOG) rose 4.61% for the biggest rise on the Tel Aviv 35 Index today after rising 19% on Thursday on the news that it was buying Italian company Edison Energy & Production (E&P) for $750 million. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 1.18%, NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 0.71% and Bank Hapoalim (TASE: POLI) rose 0.26%.

Published by Globes, Israel business news - en.globes.co.il - on July 7, 2019

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

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