Sun: TASE rally continues despite Teva losses

Israel Chemicals and NICE Systems led the market higher today as Teva and Perrigo fell.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.60% to 1,676.03 points; the Tel Aviv 125 Index rose 0.54% to 1,501.03 points; and the BlueTech Global Index rose 0.55% to 397.50 points. The TelBond 20 corporate bond index fell 0.08% to 349.20 points. Trading turnover was NIS 660.9 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.166% at NIS 3.604/$ on Friday and set the shekel-euro rate down 0.251% at 4.212/€.

On the market, Israel Chemicals (TASE: ICL: NYSE: ICL) rose 1.66% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 1.73% for the biggest rise on the Tel Aviv 35 Index. Bezeq Israeli Telecommunication Co. Ltd. (TASE: BEZQ) rose 0.93% and Bank Hapoalim (TASE: POLI) rose 0.81%.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 1.48% for the biggest fall on the Tel Aviv 35 Index. Frutarom Industries Ltd. (TASE: FRUT; LSE:FRUT; OTCBB:FRUTF) fell 0.24% on the day's biggest trading turnover and Perrigo Company (NYSE:PRGO; TASE:PRGO) fell 0.89%.

Published by Globes [online], Israel business news - www.globes-online.com - on September 2, 2018

© Copyright of Globes Publisher Itonut (1983) Ltd. 2018

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