Sun: TASE rally continues despite Teva slump

Cellcom and Paz led the market higher but Teva continued to fall.

The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.80% to 1,598.88 points; the Tel Aviv 125 Index rose 0.74% to 1,472.72 points; and the BlueTech Global Index rose 0.42% to 391.26 points. The TelBond 20 corporate bond index fell 0.02% to 356.07 points. Trading turnover was NIS 766.5 million.

On the foreign currency market, the Bank of Israel set the shekel-dollar representative rate down 0.140% on Friday at NIS 3.578/$ from Thursday's rate and set the shekel-euro rate down 0.042% at 4.040/€.

On the market, Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) rose 3.44% for the biggest rise on the Tel Aviv 35 Index. Israel Chemicals (TASE: ICL: NYSE: ICL) rose 1.57%, Paz Oil Company Ltd. (TASE:PZOL) rose 3.38% and The Phoenix Holdings Ltd. (TASE: PHOE1;PHOE5) rose 3.05%. Airport City Ltd. (TASE:ARPT) rose 2.98% and Alony Hetz Property and Investments Ltd. (TASE: ALHE) rose 1.26%. Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose 2.09% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) rose 0.80%. Bank Leumi (TASE: LUMI) rose 0.90% and Bank Hapoalim (TASE: POLI) rose 0.70%.

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.26% for the biggest fall on the Tel Aviv 35 Index and Israel Discount Bank (TASE: DSCT) fell 0.44%.

Published by Globes, Israel business news - en.globes.co.il - on April 14, 2019

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

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